[USD/JPY] Recovery from Previous Day’s Drop
At the start of the Tokyo market, Bank of Japan Governor Ueda showed a cautious stance on raising interest rates. This caused people to sell the yen. However, strong selling …
[USD/JPY] Trump’s Tariff Troubles
At the end of last week, President Trump said he would raise extra taxes (tariffs) on aluminum and steel to 50%. He also said China broke their agreement, which made …
[USD/JPY] Tariffs and Bank of Japan Interest Rate Hike
The U.S. trade court ordered to stop the Trump tariffs, but there will likely be more court battles with higher courts. This is making the market more uncertain and increasing …
[USD/JPY] Tariffs Continue and Market Becomes Risk-Averse
In the early morning of the Tokyo market, the U.S. International Trade Court ordered to stop Trump’s tariffs. This news made the U.S. dollar stronger overall. The USD/JPY went above …
[USD/JPY] Reversal of the Adjustment
At the start of the Tokyo market, the USD/JPY dropped to 142.12 yen after Bank of Japan Governor Ueda showed support for more interest rate hikes. Later, the Ministry of …
[USD/JPY] Reversal of Adjustment
When the Tokyo market opened, Bank of Japan Governor Ueda said that interest rate hikes would continue. This made the dollar fall to 142.12 yen. Later, Japan’s Ministry of Finance …
[USD/JPY] Double Top Neckline
Last week, the US dollar went down after Moody’s lowered the credit rating of the United States. Then, people thought Japan and the US might talk about stopping the weak …
[USD/JPY] No Talk About Stopping Weak Yen
In early Tokyo trading, the U.S. and Japan held a finance meeting, but they did not talk about the exchange rate. After this news, the dollar rose to 144.39 yen. …
[USD/JPY] Correction of Weak Yen and Less Demand for U.S. Dollar
In the Tokyo market, the U.S. dollar was sold first. After news came out that Israel may be planning to attack Iran’s nuclear facilities, investors became more careful and bought …
[USD/JPY] Meeting Between US and Japan Finance Ministers
At the start of the Tokyo market, the USD/JPY rose above the previous day’s high of 145.21 yen and reached 145.51 yen. Later, during the G7 meeting, Japan’s Finance Minister …