[USD/JPY] BOJ Meeting and Intervention Concerns
Last week, there was news that Japan’s Finance Minister Kato and the U.S. Treasury Secretary discussed the exchange rate, which briefly led to selling of USD/JPY. However, this was eventually …
[USD/JPY] Breaks Above the Cloud’s Upper Limit
In the Tokyo market, the Yen started stronger, and the USD/JPY dropped to 149.09. However, later, U.S. long-term interest rates rose, pushing USD/JPY above 150 yen in the European market. …
[USD/JPY] Caution on Yen Weakness Amid Strong U.S. Economy
Last week, strong U.S. retail sales and employment data led to more buying of the U.S. dollar, causing the USD/JPY exchange rate to rise above the important 150 yen level. …
[USD/JPY] Breaks Above 150 Yen
Yesterday, during the New York trading session, the USD/JPY pair broke above the strong resistance level of 150 yen, following the release of strong U.S. economic data. Although the price …
[USD/JPY] U.S. Interest Rate Decline and Strong Dollar
In the Tokyo market, USD/JPY fell to 148.87 yen. This was influenced by comments from Bank of Japan board member Adachi, but the dollar was quickly bought back after he …
[USD/JPY] Falling Short of 150 Yen
In the Tokyo market after the holiday, USD/JPY started in the high 149 yen range, but because it failed to reach 150 yen the day before, selling pressure pushed it …
[USD/JPY] Yen Weakens Amid Risk-On Sentiment
Yesterday, even though both Japan and the U.S. had holidays, the yen weakened as risk-on sentiment increased, while U.S. long-term interest rates rose. This caused the USD/JPY rate to climb …
[USD/JPY] 150 Yen Barrier
While expectations for a significant interest rate cut by the U.S. Federal Reserve (FRB) have faded, the Bank of Japan’s rate hike is also expected to take some time, partly …
[USD/JPY] Remains Steady Before Important U.S. Inflation Report
Today’s USD/JPY trading shows mixed signals as market participants anticipate key US economic data, including the Consumer Price Index (CPI), which is expected to influence the Fed’s interest rate decision. …
[USD/JPY] Focus on the 150 Yen Level
Yesterday, the expectation that Chinese authorities would announce additional economic stimulus measures on the 12th led to a “risk-on” movement, causing the yen to weaken. At the same time, the …