{"id":78760,"date":"2015-09-25T07:01:35","date_gmt":"2015-09-25T11:01:35","guid":{"rendered":"http:\/\/countingpips.com\/?p=78760"},"modified":"2015-09-25T08:11:34","modified_gmt":"2015-09-25T12:11:34","slug":"risk-on-trade-see-the-yen-tumble","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/09\/risk-on-trade-see-the-yen-tumble\/","title":{"rendered":"Risk on Trade See the Yen Tumble"},"content":{"rendered":"<div id=\"inves-2111500220\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 25, 2015<\/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>The risk on trade has flourished Friday in the currency markets as the appetite has been expressed with the yen tumbling as its haven premium is unwound. The USD\/JPY has rallied into eight-day high territory, above 120.80, which is a gain of nearly 1.4% from Thursday\u2019s low. Other yen crosses are also up. The moves come with European stock markets rallying strongly today. The dollar index is at five-week highs on Yellen\u2019s signal that a rate hike is still a possibility before year end.<\/p>\n<p>Japanese inflation data revealed the expected dip back into deflation territory, with core CPI falling to -0.1% y\/y, which is the first negative print in two-and-a-half years. Stock markets in Asia have been mixed, and most Asian and commodity currencies have been steady.<\/p>\n<p>The USD\/JPY currency pair pushed above trend line resistance near 120.40, and is poised to test the range highs at 121.20.\u00a0 Support on the currency pair is seen near the 10-day moving average at 120.33.\u00a0 Momentum is positive with the MACD printing in positive territory with an upward sloping trajectory.<\/p>\n<p><a href=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/jpy-092515.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-9223\" src=\"http:\/\/www.forexcircles.com\/wp-content\/uploads\/2015\/09\/jpy-092515-300x196.jpg\" alt=\"jpy-092515\" width=\"300\" height=\"196\" \/><\/a><\/p>\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><div id=\"inves-838115218\" 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","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime The risk on trade has flourished Friday in the currency markets as the appetite has been expressed with the yen tumbling as its haven premium is unwound. The USD\/JPY has rallied into eight-day high territory, above 120.80, which is a gain of nearly 1.4% from Thursday\u2019s low. Other yen crosses are also [&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-78760","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78760","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=78760"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78760\/revisions"}],"predecessor-version":[{"id":78762,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/78760\/revisions\/78762"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=78760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=78760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=78760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}