[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 …
[USD/JPY] Job Report Unlikely to Affect Federal Reserve Policy
Yesterday, the Japanese yen strengthened because the Bank of Japan’s deputy governor showed support for raising interest rates, and wage increase demands in Japan reached the highest level in 32 …
[USD/JPY] Trump Market
Just before the Tokyo market opened yesterday, the U.S. Secretary of Commerce said that President Trump might reduce tariffs on Canada and Mexico. Because of this, the U.S. dollar rose …
[USD/JPY] Yen Buying Due to Risk Aversion
Early in the morning, President Trump said that Japan was trying to weaken the yen. Because of this, investors started buying yen, making the yen stronger. Also, Japan’s stock market …
[USD/JPY] Weak Yen
The USD/JPY pair moved lower after reaching 151.02 yen in the early Tokyo market. During European trading, Japan’s Finance Official Mimura said that a weak yen has a negative effect …
[USD/JPY] U.S. Jobs Data and Market Risks
Last week, the USD/JPY dropped at first because a U.S. economic report showed weaker-than-expected consumer confidence. However, the dollar later strengthened after the Trump administration announced new tariffs on the …
[USD/JPY] Focus on U.S. Personal Consumption Expenditures (PCE) Inflation Data
The U.S. dollar moved higher against the Japanese yen yesterday, reaching 149.40 due to rising U.S. interest rates. In the European market, the price went above 149.40, triggering stop-loss orders …
[USD/JPY] Concerns About U.S. Economic Slowdown
The USD/JPY started lower at 148.63 in the Tokyo market but rose to 149.63 due to higher U.S. interest rates. It continued to stay strong and reached 149.88 in the …
[USD/JPY] Death Cross
In the Tokyo market after the holiday, USD/JPY rose to 150.30 as companies bought dollars for payments. However, reports about the U.S. strengthening semiconductor restrictions on China caused stock prices …
[USD/JPY] Position Adjustment
Last week, the Japanese yen strengthened as expectations of an early interest rate hike by the Bank of Japan grew. However, at the start of this week in the Tokyo …