[USD/JPY] Focus on Deputy Governor Himino’s Statement
On Monday, the Tokyo market was closed for a holiday. During this time, USD/JPY dropped to 157.96 yen as selling dominated. Selling of cross-yen pairs increased, leading to both yen …
[USD/JPY] Strong Dollar and Strong Yen
Last weekend’s U.S. employment data was stronger than expected, pushing USD/JPY to its highest level since July last year at 158.87. The U.S. dollar gained broadly as markets now expect …
[USD/JPY] Aggressive Comments from U.S. and Japan Central Banks
At the Bank of Japan’s branch managers’ meeting yesterday, it was pointed out that many people want stable exchange rates. There were also aggressive comments, such as large companies planning …
[USD/JPY] Intervention Concerns
The USD/JPY exchange rate has been slowly testing higher levels. Yesterday in the Tokyo market, USD/JPY reached the 158 yen range but faced resistance as Japan’s long-term interest rates rose …
[USD/JPY] Yen Weakness and Comments Against a Strong Dollar
In the Tokyo market, the Nikkei index rose sharply, leading to yen weakness (yen depreciation) and pushing the USD/JPY from 157.50 to 158.41. Later, Japan’s Finance Minister Kato made comments …
[USD/JPY] Range Market Continues
In the Tokyo market after the New Year, USD/JPY started with buying for exchange settlements, rising to 157.82. However, the Nikkei Stock Average fell sharply on the first trading day …
[USD/JPY] 158 Yen Range After Sideways Movement
On January 2, the first trading day of the year, the dollar strengthened against the yen, reaching 157.77 yen before falling back to 156.44 yen. In the New York market, …
[USD/JPY] Exchange Rate Forecast for 2025
Last year, the USD/JPY exchange rate started at 140.80 yen and climbed to 161.95 yen before dropping to 139.58 yen. It closed near the high at around 158 yen. Overall, …
[USD/JPY] Yen Strengthens Across the Board
Yesterday, in the Tokyo market, USD/JPY faced resistance at 158.07 yen, close to last weekend’s high of 158.08 yen. This confirmed the difficulty in breaking above the 158-yen level. In …
[USD/JPY] Targeting the Yen During Tokyo Market Holiday
Last weekend in the Tokyo market, the USD/JPY pair had risen to the 158-yen range, leading to selling by actual market participants. Early in the morning, Tokyo’s Consumer Price Index …