[USD/JPY] Yen and Dollar Buying as Risks Rise
In the Tokyo market, the USD/JPY rate rose due to dollar buying triggered by the Gotobi day (a day when companies typically settle payments, increasing dollar demand). Later, in the …
[USD/JPY] Lower Wick Indicates Support
In the Tokyo market, comments from Japan’s Vice Finance Minister Kato opposing a weaker yen caused USD/JPY to drop to 153.96. However, this was seen as a buying opportunity, and …
[USD/JPY] Following U.S. Long-Term Interest Rates
At the start of the Tokyo market this week, USD/JPY rose to 154.74 yen, continuing last week’s dollar-buying trend. However, ahead of BOJ Governor Ueda’s speech, it dropped to 153.85 …
[USD/JPY] Battle Between Intervention Concerns and Dollar Strength
Last week, the momentum from the ‘Trump Rally’ continued. The USD/JPY started in the mid-152 range and broke through the strong resistance level of 155. This increase happened without any …
[USD/JPY] Ominous Verbal Intervention
In the early morning Tokyo market, the USD/JPY pair started around 155.24 and rose to 156.13, driven by strong dollar buying. Despite this increase, there was no verbal intervention from …
[USD/JPY] Quiet at 155 Yen
Yesterday in the Tokyo market, despite a major drop in the Nikkei stock index, the USD/JPY pair broke above the immediate resistance level of 155 yen. No warnings or comments …
[USD/JPY] 155 Yen Intervention Watch
Concerns about rising U.S. inflation pushed up U.S. long-term interest rates by about 0.1%, leading to a broad dollar increase. In the Tokyo market, the dollar-yen rate initially dropped to …
[USD/JPY] Dollar Rises, Yen Falls
On Monday, in the Tokyo market, the USD/JPY rate increased as dollar buying led the way. This was partly because the Nikkei average went up and Japan’s September trade deficit …
[USD/JPY] Trump Rally and U.S. CPI
Last week, the dollar rose across the board after Donald Trump was elected president. The dollar-yen pair (USD/JPY) initially dropped to 151.29 yen, following reports favoring Harris, but later climbed …
[USD/JPY] Dollar Adjustment and Verbal Intervention
Due to the “Trump rally,” the dollar surged, and the USD/JPY exchange rate rose to 154.71 yen early in the morning. However, it soon began to fall. Finance Minister Mimura …