[USD/JPY] Quiet Market Focuses on Yen
Yesterday during Tokyo trading hours, Bank of Japan (BOJ) Governor Ueda mentioned the importance of labor negotiations (Shunto) and the direction of the incoming Trump administration as key factors for …
[USD/JPY] Be Cautious Around the 158 Yen Level
Yesterday, during the Tokyo market opening, USD/JPY rose to 156.69 as buying demand at the daily exchange rate fixing led the market. After that, the price temporarily fell, but in …
[USD/JPY] Reaction to Rapid Yen Weakening
Last week, the U.S. dollar rose because the Federal Reserve’s interest rate outlook for next year suggested fewer rate cuts. The Bank of Japan’s stance caused the yen to weaken, …
[USD/JPY] Bank of Japan Stays Unchanged
At the Bank of Japan (BOJ) meeting, the decision was made to keep the policy interest rate unchanged. Some had expected a 0.25% rate hike, so after the announcement, USD/JPY …
[USD/JPY] FOMC Meeting and Bank of Japan
At the early morning FOMC meeting, the forecast for 2025 interest rates was reduced from four cuts to two. With concerns about inflation reigniting under the upcoming Trump administration, the …
[USD/JPY] FOMC Meeting and Bank of Japan
Ahead of the FOMC meeting held early tomorrow, there was general yen buying yesterday, causing the USD/JPY to fall from around 154 yen to the low 153 yen range. However, …
[USD/JPY] Bank of Japan Likely to Hold Off on Rate Hike
At the start of the Tokyo market, USD/JPY (dollar-yen) fell to 153.33. However, it soon stabilized and moved higher. Many expect the Bank of Japan will not raise interest rates …
[USD/JPY] Risk of Dollar-Yen Moving Lower
This week, the Bank of Japan (BOJ) meeting is expected to hold off on cutting interest rates, while the FOMC (Federal Reserve) meeting is expected to reduce rates by 0.25%. …
[USD/JPY] Consolidation Continues
Last week, the movement of the USD/JPY exchange rate was limited to a narrow range of about 2.6 yen. The tug-of-war between the dollar and yen has made it hard …
[USD/JPY] BOJ Rate Hike Speculation and Jobs Report
During Tokyo trading hours, comments from BOJ board member Nakamura, stating, “I am not opposed to a rate hike,” caused the USD/JPY to drop. The pair started at 150.77 yen …