[USD/JPY] Position Adjustment
Last week, the Japanese yen strengthened as expectations of an early interest rate hike by the Bank of Japan grew. However, at the start of this week in the Tokyo …
[USD/JPY] Death Cross Between 200MA and 21MA
This week, a ‘death cross’ is expected, where the 21-day moving average (21MA) will cross below the 200-day moving average (200MA). This suggests that the USD/JPY may drop further. Last …
[USD/JPY] Expectations of Bank off Japan (BOJ) Rate Hike
In the Tokyo market yesterday, the USD/JPY fell as investors sold the US dollar due to lower US long-term interest rates and bought the Japanese yen. Although Japan’s long-term interest …
[USD/JPY] BOJ Rate Hike Expectations and Trump Tariffs
During Tokyo trading hours, Bank of Japan (BOJ) board member Takata showed support for continuing rate hikes, leading to nervous market movements at first, but yen buying gradually increased. In …
[USD/JPY] Yen Strength Adjustment and Dollar Strength
After Japan’s GDP report, expectations of an early interest rate increase by the Bank of Japan led to yen buying. As a result, the dollar-yen rate dropped to 151.24 yen …
[USD/JPY] Japan’s GDP
Early Monday morning, Japan’s GDP for January to December was higher than expected, leading to yen buying. The USD/JPY fell from around 152.50 to 151.50. Even though there was some …
[USD/JPY] Dollar Faces Resistance
The dollar-yen rose after the U.S. CPI (Consumer Price Index) report but then fell back down. Although President Trump signed a tariff agreement, reports say it will not take effect …
[USD/JPY] Dollar Faces Resistance
After rising due to the U.S. Consumer Price Index (CPI) results the day before, the USD/JPY eventually fell back and closed lower. President Trump signed a tariff policy, but reports …
[USD/JPY] Yen Weakens as Price Moves Above 200-Day Moving Average (MA)
Yesterday, the Japanese yen weakened, and the USD/JPY exchange rate rose above 152.80, which was a strong resistance level at the 200-day moving average. It continued to rise to the …
[USD/JPY] U.S. Consumer Price Index (CPI) Report
Yesterday, global stock markets rose, leading to a risk-on mood. As a result, investors sold the Japanese yen, and USD/JPY remained strong. During the New York session, Federal Reserve Chair …