[USD/JPY] Jobs Data Before Long Holiday
In Tokyo, people started buying the U.S. dollar again, but when the ADP jobs report came out weaker than expected, the dollar fell. Today’s official jobs data is also expected …
[USD/JPY] Dollar Weakness Adjustment
Yesterday during Tokyo trading hours, the Bank of Japan’s business survey (Tankan) showed stronger results than expected. This caused people to buy yen, and the USD/JPY dropped from around 144 …
[USD/JPY] Tough Japan-U.S. Trade Talks
At the end of last week, President Trump said he was not happy with Japan about car trade. Because of this, many people sold the U.S. dollar in the Tokyo …
[USD/JPY] Risk-On Brings Weaker Yen and Weaker Dollar
Because Iran and Israel agreed to a ceasefire, the earlier strong buying of the U.S. dollar as a safe option is mostly over. This week, the June employment report will …
[USD/JPY] Lower Trust in Dollar and Rate Cut Expectations
Early in Tokyo trading, news said President Trump is thinking about choosing the next Federal Reserve (FRB) chair earlier than expected. This made people sell the US dollar. They expect …
[USD/JPY] Watch U.S. Economic Data
Yesterday during Tokyo trading hours, Bank of Japan board member Tamura said that they will raise interest rates at the right time. Because of this, USD/JPY dropped to 144.61. However, …
[USD/JPY] Dollar Buying Reverses After Ceasefire and Soft Fed Comments
Early in Tokyo trading, news said President Trump confirmed a ceasefire between Iran and Israel. This made the USD/JPY fall to around 146.20 yen, and then it dropped even more, …
[USD/JPY] Lower Geopolitical Risk and Chairman Powell’s Speech
After the news that the US military attacked Iran, the USD/JPY price went up in the Tokyo market. In the European market, the price reached 148.02 yen but soon went …
[USD/JPY] Geopolitical Risk and Pressure for US Rate Cuts
The US attack on Iran was delayed for two weeks, which made the market feel calm for a short time. Because of this, the rise in the US dollar stopped. …
[USD/JPY] Above the Cloud Line
Yesterday in the Tokyo market, the dollar-yen price once dropped to 144.74 yen. But after news that the US might attack Iran in the next few days, people bought dollars …