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Japanese Yen Outlook: USD/JPY Month-End Bounce to be Capped as Downside Risks Remain

Japanese Yen Outlook: USD/JPY Month-End Bounce to be Capped as Downside Risks Remain
dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.

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Japanese Yen Outlook: USD/JPY Trades Within Falling Wedge, Watch for Breakout


Japanese Yen Outlook: USD/JPY Trades Within Falling Wedge, Watch for Breakout
2021-07-21 01:00:00
Daniel Dubrovsky,
Strategist
Japanese Yen, Majors-Based JPY Index, USD/JPY, Fed, BoJ, Falling Wedge – Analyst Pick
Japanese Yen aiming higher, but broader downtrend holds
USD/JPY may resume climb on monetary policy divergence
The pair is trending lower, but a bullish Falling Wedge brews
The anti-risk Japanese Yen has been making a comeback against its major peers, likely bolstered by recent volatility in global stock markets. On the whole, however, the currency remains in a dominant downtrend since last year’s peak. On the chart below is a majors-based Yen index, which is fast approaching what may be a descending trendline from March 2020. If it holds, JPY could resume broader declines. ....

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内蒙古大兴安岭摩天岭瞭望塔:38年红色沃土上的绿色印章_YNET.com北青网


图为20世纪初期,颜士文在摩天岭上瞭望监测。杨威 摄
站在峰底遥望细长、陡立的天梯,记者问向颜士文:“颜师傅,您能爬上去吗?”
颜士文笑着说:“没问题,现在爬天梯,中间得喘口气。年轻时背50斤水和大米,一口气上顶都不在话下。”
炙热阳光下,记者跟在颜士文身后爬向天梯,第一级台阶由钢铁条支撑悬空于崖上,极窄的木制台阶钳在钢条内,无法全部容纳一双36码的鞋,越往上离地面越高,最后不得不手脚并用,以保证身体平衡。
颜士文边爬边指着山上天梯左边的一棵大树告诉记者,木材生产期间,为了绰源林区无线电转播信号畅通,冬天也要登向齐腰深雪的摩天岭。“一次爬行过程中,没抓住锁链滑落下来,就是那棵树把我救了。”接着,他又指了指天梯右边的雷击木的树根说,“这棵树是我在塔上驻守时被雷� ....

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Japanese Yen Outlook: USD/JPY Remains Under Pressure Following Mixed Tankan Data


Japanese Yen Outlook: USD/JPY Remains Under Pressure Following Mixed Tankan Data
2021-07-01 00:30:00
Brendan Fagan,
Japanese Yen, USD/JPY, Tankan – Outlook and Capex Talking Points
Tankan Large All Industry Capex comes in at 9.6%, against a consensus estimate of 7.2%
Tankan Large Manufacturing comes in at 14, just below the expected reading of 15
USD/JPY remains on the charge, making a clean break above the March swing high
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The Bank of Japan released key economic data on Thursday morning, highlighting the ongoing rebound across the domestic manufacturing sector. While the Tankan Large Manufacturing Index and Outlook reports both posted significant increases over their Q1 readings, they fell short of market estimates. The Tankan Large Manufacturers Index produced a reading of 14 for Q2, against a consensus estimate of 15. The Tankan Large Manufacturers Outlook posted a larger miss, coming in at 13 vs. an expected reading of 18. Despit ....

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