{"id":56273,"date":"2014-08-13T02:13:01","date_gmt":"2014-08-13T06:13:01","guid":{"rendered":"http:\/\/countingpips.com\/?p=56273"},"modified":"2014-08-13T07:03:00","modified_gmt":"2014-08-13T11:03:00","slug":"yen-steady-despite-dismal-japanese-gdp","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/08\/yen-steady-despite-dismal-japanese-gdp\/","title":{"rendered":"Yen steady despite dismal Japanese GDP"},"content":{"rendered":"<div id=\"inves-2621980437\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 13, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>USD\/JPY was little changed in the Asian session after a quiet US session where a small rise in risk aversion capped and higher US yields underpinned. The pair opened in Asia today at 102.26 and could only manage a 102.22\/33 range. Japanese second quarter GDP data had little impact on the dollar\/yen exchange rate. GDP shrunk the most since 2011. Meanwhile, geopolitical concerns will continue to be of importance for the yen based on risk sentiment.<\/p>\n<p>EUR\/USD opened the Asian session at 1.3369 after recovering from losses yesterday following disappointing the German ZEW survey on investor sentiment. EUR\/USD traded a range between 1.3360 -6 during the Asian session. Focus will turn to German CPI and Eurozone Industrial Production data out later today followed by US Retail Sales. Key levels are at 1.3330 to the downside and at 1.3390 to the upside.<\/p>\n<p>GBP\/USD edged down only slightly with very few flows but remained between 1.6801-13.<\/p>\n<p>USD\/CHF traded a 0.9074-81 range in Asia; last at 0.9078.<\/p>\n<p>AUD\/USD opened on Wednesday at 0.9269 and dipped back down to 0.9274 on the China loans data which surprised to the downside. New China loans came in at 385 billion yuan against a forecast of 727 billion. China\u2019s Shanghai Composite fell 1.0% on the news. China is Australia\u2019s major trading partner so any Chinese data tends to have an impact on the aussie.<\/p><div id=\"inves-663946606\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime USD\/JPY was little changed in the Asian session after a quiet US session where a small rise in risk aversion capped and higher US yields underpinned. The pair opened in Asia today at 102.26 and could only manage a 102.22\/33 range. Japanese second quarter GDP data had little impact on the dollar\/yen [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-56273","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/56273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=56273"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/56273\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=56273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=56273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=56273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}