JPY Daily Updates

26 December 2017

Happy holidays! We'll be back after the New Year!

Updated 
Short term outlook
Bearish

As the yen weakens as inflation expectations rise, we are downgrading the yen to bearish in the short-term. Note that the currency is trading within normal conditions, based on technical indicators on the daily chart. 

Medium term outlook
Bearish

As the yen sells off on hopes for US tax cuts, we are downgrading the yen to bearish. Looking at the yen on a weekly chart, the currency is trading within normal conditions. This is based on various technical indicators when looking at a weekly chart. 

Updated