{"id":60889,"date":"2014-09-25T02:20:13","date_gmt":"2014-09-25T06:20:13","guid":{"rendered":"http:\/\/countingpips.com\/?p=60889"},"modified":"2014-09-25T07:28:17","modified_gmt":"2014-09-25T11:28:17","slug":"usdjpy-extends-gains","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/usdjpy-extends-gains\/","title":{"rendered":"USDJPY extends gains"},"content":{"rendered":"<div id=\"inves-3711918424\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 25, 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 continued higher, up from 109.02 through the NY high of 109.15 to 109.36 before falling back. Higher US yields after strong new home sales data and risk-on sentiment helped.The bias remains up. EUR\/JPY rose from 139.30 to 139.70 in tandem with USD\/JPY but volume was low and the cross looks to be headed lower again after peaking at 141.21 on Friday.<\/p>\n<p>EUR\/USD opened in Asia at 1.2780 after falling on a combination of worse-than-expected German Ifo and better-than-expected US new home sales data and a widening of the US-Eurozone interest rate differential. Very quiet in Asia, EUR\/USD traded 1.2774-83 before moving down a leg to 1.2764. Dovish talk from ECB Pres Draghi in a Lithuanian publication added some weight. With short EUR positions pared back earlier in the week, the case for renewed weakness has grown.<\/p>\n<p>GBP\/USD was heavy and traded between 1.6315-41 in Asia. BoE Governor Carney\u2019s speech today will be in focus. EUR\/GBP did little, holding between 0.7820-29. The bias remains down.<\/p>\n<p>USD\/CHF remained bid between 0.9452-65 on broad USD strength. EUR\/CHF treaded water between 1.2080-89.<\/p>\n<p>AUD\/USD opened in Asia at 0.8885 traded soggy between 0.8850-85 initially before falling off another leg to 0.8818 later as NZD\/USD crashed.<\/p><div id=\"inves-1748943284\" 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<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime USD\/JPY continued higher, up from 109.02 through the NY high of 109.15 to 109.36 before falling back. Higher US yields after strong new home sales data and risk-on sentiment helped.The bias remains up. EUR\/JPY rose from 139.30 to 139.70 in tandem with USD\/JPY but volume was low and the cross looks to [&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-60889","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60889","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=60889"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/60889\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=60889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=60889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=60889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}