This thread is intended for traders who trade USD/JPY as well as ALL of the other JPY cross pairs including AUD/JPY, CAD/JPY, CHF/JPY, EUR/JPY, GBP/JPY, and NZD/JPY.
Due to recent monetary policies implemented by the Bank of Japan for more easing I believe 2013 could be a fun year for USD/JPY as well as the Yen crosses. We have already seen AUD/JPY and NZD/JPY break out of multi-year ranges to the upside so exciting trending times are back.
I welcome any and all traders to post their analysis, charts, as well as Japan news related articles in this thread for open discussion.
Please try to keep this thread clean as attacking other members is not welcome here.
Trading the Yen Crosses
The JPY is one of the more popular cross currencies and it is basically traded against all of the other major currencies.
EUR/JPY has the highest volume of the JPY crosses as of February 2010.
GBP/JPY, AUD/JPY, and NZD/JPY are attractive carry trade currencies because they offer the highest interest rate differentials against the JPY.
When trading JPY cross pairs, you should always keep an eye out on the USD/JPY. When key levels are broken or resisted on this pair, it tends to spill over into the JPY cross pairs.
The following thread also has quite a few interesting articles relating to the JPY: http://www.forexfactory.com/showthre...13#post6131313
Japanese News Sources
http://www.bloomberg.com/news/japan/
http://www.reuters.com/places/japan
http://e.nikkei.com/e/fr/freetop.aspx
http://www.ft.com/intl/world/asia-pacific/japan
http://www.japaninc.com/japan_news_economy
Financial Research Companies - FREE Investment Newsletters
http://www.dailywealth.com/
http://www.moneyandmarkets.com/
http://sovereignsociety.com/
Due to recent monetary policies implemented by the Bank of Japan for more easing I believe 2013 could be a fun year for USD/JPY as well as the Yen crosses. We have already seen AUD/JPY and NZD/JPY break out of multi-year ranges to the upside so exciting trending times are back.
I welcome any and all traders to post their analysis, charts, as well as Japan news related articles in this thread for open discussion.
Please try to keep this thread clean as attacking other members is not welcome here.
Trading the Yen Crosses
The JPY is one of the more popular cross currencies and it is basically traded against all of the other major currencies.
EUR/JPY has the highest volume of the JPY crosses as of February 2010.
GBP/JPY, AUD/JPY, and NZD/JPY are attractive carry trade currencies because they offer the highest interest rate differentials against the JPY.
When trading JPY cross pairs, you should always keep an eye out on the USD/JPY. When key levels are broken or resisted on this pair, it tends to spill over into the JPY cross pairs.
The following thread also has quite a few interesting articles relating to the JPY: http://www.forexfactory.com/showthre...13#post6131313
Japanese News Sources
http://www.bloomberg.com/news/japan/
http://www.reuters.com/places/japan
http://e.nikkei.com/e/fr/freetop.aspx
http://www.ft.com/intl/world/asia-pacific/japan
http://www.japaninc.com/japan_news_economy
Financial Research Companies - FREE Investment Newsletters
http://www.dailywealth.com/
http://www.moneyandmarkets.com/
http://sovereignsociety.com/