[USD/JPY] Breaks Above 150 Yen
Yesterday, during the New York trading session, the USD/JPY pair broke above the strong resistance level of 150 yen, following the release of strong U.S. economic data. Although the price …
[USD/JPY] U.S. Interest Rate Decline and Strong Dollar
In the Tokyo market, USD/JPY fell to 148.87 yen. This was influenced by comments from Bank of Japan board member Adachi, but the dollar was quickly bought back after he …
[USD/JPY] Falling Short of 150 Yen
In the Tokyo market after the holiday, USD/JPY started in the high 149 yen range, but because it failed to reach 150 yen the day before, selling pressure pushed it …
[USD/JPY] Yen Weakens Amid Risk-On Sentiment
Yesterday, even though both Japan and the U.S. had holidays, the yen weakened as risk-on sentiment increased, while U.S. long-term interest rates rose. This caused the USD/JPY rate to climb …
[USD/JPY] 150 Yen Barrier
While expectations for a significant interest rate cut by the U.S. Federal Reserve (FRB) have faded, the Bank of Japan’s rate hike is also expected to take some time, partly …
[USD/JPY] Remains Steady Before Important U.S. Inflation Report
Today’s USD/JPY trading shows mixed signals as market participants anticipate key US economic data, including the Consumer Price Index (CPI), which is expected to influence the Fed’s interest rate decision. …
[USD/JPY] Focus on the 150 Yen Level
Yesterday, the expectation that Chinese authorities would announce additional economic stimulus measures on the 12th led to a “risk-on” movement, causing the yen to weaken. At the same time, the …
[USD/JPY] Dollar Strength and Intervention Concerns
In the Tokyo market, the USD/JPY (dollar/yen) rate dropped to 147.35 yen at one point due to a risk-off trend, meaning investors were buying yen. This happened because of the …
[USD/JPY] Caution Over Possible Dollar Sell Intervention
Following the U.S. employment report released last weekend, the U.S. dollar saw a broad rise. However, as the new week started, there was a noticeable pullback in both USD/JPY (dollar-yen) …
[USD/JPY] Enters the Ichimoku cloud
The U.S. dollar rose strongly across the board after a surprise U.S. jobs report was released last weekend. The number of people employed grew the most in six months, and …