[USD/JPY] Bank of Japan Likely to Hold Off on Rate Hike
During Tokyo trading hours, reports from some news agencies suggested that the Bank of Japan (BOJ) might hold off on raising interest rates at their December meeting. This news pushed …
[USD/JPY] Yen Buying Due to Risk-Off Sentiment
Yesterday in the Tokyo market, the Nikkei stock index rose sharply, which led to yen selling (risk-on sentiment) and dollar buying due to rising U.S. interest rates. As a result, …
[USD/JPY] Cross-Yen Selling
At the start of the Tokyo market this week, U.S. long-term interest rates rose, causing the dollar-yen pair to climb by over 1 yen, from around 149.50 to 150.74. After …
[USD/JPY] U.S. Employment Data and Yen Strength Adjustment
At the end of last week during Tokyo trading hours, Tokyo-area inflation data showed the fastest growth in three months, surpassing expectations. This led to overall yen strengthening. Additionally, Bank …
[USD/JPY] Risk-On Weakening of the Yen
After a drop the previous day, the USD/JPY pair saw buying pressure in the Tokyo market. Additionally, a meeting between former President Trump and the President of Mexico raised hopes …
[USD/JPY] Thanksgiving Holiday Update
As cross-yen currencies continue to decline, USD/JPY also faced selling pressure starting in the Tokyo market. This weak trend continued into the European session, with resistance seen at higher levels. …
[USD/JPY] Yen Buying Due to Cross-Yen Selling
Early in the Tokyo trading session, Trump announced tariffs on China, Canada, and Mexico. This caused the dollar to strengthen, pushing USD/JPY up to 154.49. However, selling in cross-yen pairs …
[USD/JPY] Dollar Weakens as U.S. Long-Term Interest Rates Fall
On Monday, the Tokyo market started with selling pressure on USD/JPY. Over the weekend, reports suggested that Scott Bessent, who is expected to focus on fiscal discipline, might be nominated …
[USD/JPY] Risk-Off and U.S. Interest Rates
Last week, the U.S. dollar/yen (USD/JPY) dropped to the lower 152 yen level due to increased geopolitical risks after Russia’s ICBM launch. However, the strong momentum of the U.S. dollar, …
[USD/JPY] Bank of Japan (BOJ) Rate Hike Speculations and Geopolitical Risks
After the Tokyo market closed, BOJ Governor Ueda suggested the possibility of a rate hike in the December meeting. Meanwhile, NY Federal Reserve President Williams commented that interest rates might …