[USD/JPY] Dollar Selling Dominates
After the Federal Open Market Committee (FOMC) meeting, the US dollar weakened because the results were not as strong as expected. Since Tokyo was on holiday, USD/JPY dropped to 148.18 …
[USD/JPY] Yen Rises After U.S. and Japan Policy Meetings
As expected, the Bank of Japan kept interest rates the same. The central bank mentioned global uncertainty but also showed concern about rising prices, suggesting that interest rate increases could …
[USD/JPY] Downward Trend Continues
Yesterday, before the Japan-U.S. financial policy meetings, traders adjusted their yen positions, pushing the USD/JPY up to 149.93. However, it failed to reach 150 and then lost strength, confirming strong …
[USD/JPY] Bank of Japan Meeting and FOMC
At the start of the week in the Tokyo market, the dollar-yen (USD/JPY) saw early buying. Reports from several media outlets predicted that the Bank of Japan (BOJ) would keep …
[USD/JPY] Weekend Adjustment and U.S. Stopgap Budget
Last week, the Dollar/Yen dropped to the lowest level since October last year, 146.54 yen, due to strong yen buying caused by a sharp drop in New York stocks as …
[USD/JPY] Weekend Adjustment and U.S. Budget Deadline
Yesterday, during Tokyo trading hours, Bank of Japan Governor Ueda made positive comments about wages and consumer spending, which made the Japanese yen stronger. The USD/JPY fell from 148.37 to …
[USD/JPY] Yen Position Reversal
In the Tokyo market, the USD/JPY stayed strong. Before the US inflation report, traders adjusted their yen-buying positions. When the US February Consumer Price Index (CPI) was lower than expected, …
[USD/JPY] Focus on U.S. Consumer Price Index (CPI)
Yesterday, the Nikkei stock index fell sharply at the opening of the Tokyo market, causing USD/JPY to drop to 146.54. Later, as stock prices recovered, USD/JPY rose to the mid-147 …
[USD/JPY] Global Economic Slowdown Concerns
The yen rose across the board due to the expectation of an early interest rate hike by the Bank of Japan, as well as risk-off yen buying caused by the …
[USD/JPY] Downward Trend Continues
The Japanese yen is getting stronger because the Bank of Japan may raise interest rates sooner than expected. This is due to a recent statement by the Bank of Japan’s …