[USD/JPY] Yen Selling Adjustment May Be Over
Before the upper house election in Japan, many people sold yen. But now, the buying back of yen (after too much selling) seems to be mostly finished. Yesterday, USD/JPY had …
Before the upper house election in Japan, many people sold yen. But now, the buying back of yen (after too much selling) seems to be mostly finished. Yesterday, USD/JPY had …
In Japan’s upper house election, the ruling party lost its majority, as expected, but it was not a big defeat. Because of that, people bought yen, and the dollar/yen rate …
Last week, the U.S. dollar became stronger because U.S. inflation data (CPI) was higher than expected. This made people think the U.S. central bank will not cut interest rates soon. …
After the news about Fed Chair Powell possibly stepping down, the U.S. dollar fell. But in the Tokyo market, the dollar started to go up again. Worries about Japan’s political …
In the Tokyo market, the USD/JPY went above 149 yen and stayed strong. But in the New York market, it suddenly dropped. This drop happened after news came out that …
The U.S. government allowed chip exports to China again. This helped reduce tensions between the U.S. and China, making people sell the yen. At the same time, the U.S. inflation …
At the end of last week, President Trump said he would add a 30% tariff on goods from the EU and Brazil. Because of this, when the Tokyo market opened …
Last week, people expected that the Bank of Japan would not raise interest rates soon, and the U.S. Federal Reserve would also wait before cutting rates. Because of this, the …
The confusion about trade tariffs has calmed down, so the USD/JPY (US dollar to Japanese yen) exchange rate may move sideways (not up or down strongly) for a while. There …
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 …