[USD/JPY] Yen Buying Returns
Because of confusion over new tariffs, some people thought the Bank of Japan might delay raising interest rates.This made the dollar rise above the key level of 147 yen.However, after …
[USD/JPY] Bank of Japan Rate Hike Unlikely
Because the U.S. announced a 25% tariff on Japanese goods, people now think the Bank of Japan will not raise interest rates soon. This caused more people to sell the …
[USD/JPY] 25% Tariff on Japan
In the Tokyo market, the U.S. dollar became stronger because President Trump’s comments made investors buy emerging market currencies. The USD/JPY rate rose to the 145 yen level. In the …
[USD/JPY] Double Top Neckline
Last week, USD/JPY went down because President Trump said he might raise tariffs on Japanese cars.He also said the U.S. central bank should cut interest rates a lot, which pushed …
[USD/JPY] Japanese Yen Weakened Against Many Currencies
In the Tokyo market yesterday, the USD/JPY (U.S. dollar vs Japanese yen) stayed strong. The day before, Vietnam and the U.S. agreed on a deal about tariffs, which made the …
[USD/JPY] Jobs Data Before Long Holiday
In Tokyo, people started buying the U.S. dollar again, but when the ADP jobs report came out weaker than expected, the dollar fell. Today’s official jobs data is also expected …
[USD/JPY] Dollar Weakness Adjustment
Yesterday during Tokyo trading hours, the Bank of Japan’s business survey (Tankan) showed stronger results than expected. This caused people to buy yen, and the USD/JPY dropped from around 144 …
[USD/JPY] Tough Japan-U.S. Trade Talks
At the end of last week, President Trump said he was not happy with Japan about car trade. Because of this, many people sold the U.S. dollar in the Tokyo …
[USD/JPY] Risk-On Brings Weaker Yen and Weaker Dollar
Because Iran and Israel agreed to a ceasefire, the earlier strong buying of the U.S. dollar as a safe option is mostly over. This week, the June employment report will …
[USD/JPY] Lower Trust in Dollar and Rate Cut Expectations
Early in Tokyo trading, news said President Trump is thinking about choosing the next Federal Reserve (FRB) chair earlier than expected. This made people sell the US dollar. They expect …