Fundamental view: Japan Prelim GDP Price Index yearly report and Prelim GDP quarterly report on 17th Aug and Japan Core Machinery Orders at 19th Aug created a bullish market for the pair whereas US Empire State Manufacturing Index on 17th Aug and US Unemployment Claims on 20th created a bearish environment for the pair. Yen [...]
Fundamental view: Positive economic data out of the United States appears to have been the primary driver behind the USD/JPY exchange rate’s recent recovery from the July low, as investors mull the lack of progress in fiscal stimulus talks between Republicans and Democrats. Current Account on 11th August, Japan PPI yearly report on 13th August created [...]
Fundamental view: Japan Prelim GDP quarterly report, Final Manufacturing PMI on 3rd Aug and favored bearish environment for the pair whereas US Final Manufacturing PMI, Construction Spending monthly report on 3rd Aug, Construction Spending monthly report on 3rd Aug and US Unemployment Claims on 6th Aug created a bullish move US Non-Farm Employment Change released [...]
Fundamental view: US Crude Oil Inventories on 29th, US Advance GDP quarterly report on 30th, US Personal Spending monthly report and Chicago PMI on 31st made the pair move upwards whereas US Core Durable Goods Orders monthly report on 27th July, Japan Retail Sales yearly report on 29th and US S&P/CS Composite-20 yearly report on [...]
