To start the week, USD/JPY extended it's gains from Friday reaching as high as 112.82 heading toward the London session.  A test of 113.00 looks likely in the coming hours.   The economic calendar is light today and traders will…

As we enter Friday's London trading session, all eyes are on the upcoming US Non-Farm Payrolls report later in the day.   Overnight the Greenback rallied particularly against the Japanese Yen with USD/JPY once again testing the 112.00 level as…

With a light economic calendar today, the market will be looking to see if the gains the Dollar made against the Euro and Pound in recent days has staying power.   Overnight in Asia trading, the Euro clawed back some…

The key event during the Asia session was the Reserve Bank of New Zealand interest rate decision. Rates were left unchanged at 0.5%.  After briefly spiking up to .6980, NZD/USD whipsawed and fell to its current levels at roughly .6900.…