[USD/JPY] Job Weakness
In the Tokyo market, the dollar-yen first went up. Worries about Japanese politics and higher U.S. interest rates pushed it to the upper 148 level. But comments from Bank of …
[USD/JPY] Weak Yen and Strong Dollar
Yesterday in the Tokyo market, the yen started weaker. BoJ Deputy Governor Himino said, ‘Risks and uncertainty will not disappear.’ The market thought the Bank of Japan will not rush …
[USD/JPY] Price movement is weak
At the start of the Tokyo market this week, USD/JPY rose to 147.37 as some buying came in at the beginning of the month. But since last week’s high of …
[USD/JPY] Focus on U.S. Job Report
Last week, after Chairman Powell’s speech at Jackson Hole, the dollar-yen first went up because people bought back the dollar, rising to 148.18. But then selling restarted. Worries about Federal …
[USD/JPY] Japan–US Interest Rate Difference
In Tokyo trading, Bank of Japan (BOJ) member Nakagawa made comments showing a stricter stance such as ‘the environment for raising rates has slightly improved since April’ and ‘we are …
[USD/JPY] Sideways Movement Continues
In the Tokyo market yesterday, the dollar-yen went up close to 148 yen because of special month-end buying. In the European market, it rose further to 148.18 yen as U.S. …
[USD/JPY] Dismissal Drama of Governor Cook
At the start of the Tokyo market, the dollar fell sharply. President Trump announced the dismissal of Federal Reserve Board (FRB) Governor Cook, and people thought trust in the FRB …
[USD/JPY] After the Dollar Buying Settles
At the Jackson Hole meeting last weekend, Chairman Powell’s comments caused the dollar-yen to fall more than 2 yen, from the mid-148 level down to the mid-146 level. At the …
[USD/JPY] From Dollar Selling to Yen Buying
At the Jackson Hole meeting last weekend, Chairman Powell pointed out risks of weaker employment. This increased expectations for a September rate cut, and USD/JPY fell from 148.60 to 146.58. …
[USD/JPY] After Adjustment, Rising Again
Before Chairman Powell’s speech at Jackson Hole, investors bought back yen-related currencies in the European and U.S. markets, and the dollar-yen also went up. During New York trading hours, after …