USD/JPY opens higher, more short-term gains likely

The Clinton email saga continues to impact on the FX market and USD/JPY is the proxy trade for betting on the election result. News that the FBI won’t be pursuing any further act …
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Weekly outlook: EURJPY; AUDJPY; NZDJPY; GBPAUD; EURGBP by FX Charts

EURJPY: 132.65 EURJPY: 132.65. After opening last week with a spike low, in falling sharply to 130.14, the cross then spent the week recovering and consolidating below the 200 HMA …
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CAD/JPY still the FX market’s favourite ‘oil price’ play by Sean Lee

Oil prices have been falling very heavily in recent weeks and the FX market’s favourite proxy trade for crude is CAD/JPY; one economy heavily reliant on oil exports and the other …
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JPY crosses – It’s time to go long this week

With the geopolitical tension easing in Europe, there are highly likely chances that risk sentiment will be back in the market. Go long with the JPY crosses at appropriate levels …
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