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12 Mar 2015

USD/JPY range trade expected – UOB

FXStreet (Barcelona) - Analysts at UOB Group, expect USD/JPY to remain trapped in the 121.10-121.80 range.

Key Quotes

“USD/JPY was underpinned by rallying equities. The pair is currently trading near yesterday’s highs of 121.63, though it’s still a long way short of matching Tuesday’s brief look over 122.00.”

“USD traded sideways as expected and the outlook remains mixed from here. Expect further range trading, albeit at a higher range of 121.10/121.80.”

Mar 12, 2015

US Indices: Good technicals, potential turnaround – TechTrader

Harry Boxer of The Technical Trader, summarizes the performance of Dow, Nasdaq and S&P 500, viewing that in spite of the negative close, technicals now support at potential turnaround.

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Mar 12, 2015

Japan Consumer Confidence Index up to 40.7 in February from previous 39.1

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