[USD/JPY] Focus on the FOMC
Yesterday, in the Tokyo market, the dollar-yen exchange rate started low at 151.30 yen. However, with news that Trump was likely winning, the dollar gained strength overall. When his victory …
[USD/JPY] Is Trump Supporting Dollar Buying?
In the Tokyo market, Dollar buying continued, and Dollar-Yen rose to 152.54 Yen. The rally, known as the “Trump rally,” led to a Dollar buyback, but in the New York …
[USD/JPY] U.S. Election Day Update
This week started with the Asian market seeing early selling of the dollar. Previously, the ‘Trump Rally’ led to rising U.S. long-term interest rates and stronger demand for the dollar, …
[USD/JPY] After Big Events
Last week, the USD/JPY pair initially saw buying of the U.S. dollar. Later, as the Bank of Japan took a more hawkish stance, USD/JPY hit a high of 153.88 before …
[USD/JPY] Firm Bank of Japan
The Bank of Japan (BOJ) removed the phrase ‘ample time’ from its statement, signaling a firmer stance on raising rates. After hitting a high of 153.60 yen, the USD/JPY fell …
[USD/JPY] Bank of Japan Meeting and U.S. Employment Data Tomorrow
In today’s Bank of Japan (BOJ) meeting, it is expected that the policy interest rate will remain unchanged. However, with the recent yen weakening, there is a chance that the …
[USD/JPY] Focus on ADP Employment Report
Yesterday in the Tokyo market, the USD/JPY started with a drop to 152.77 yen. However, as U.S. long-term interest rates rose, the dollar moved up over 1 yen to 153.86. …
[USD/JPY] Uncertainty in Japanese Politics and Strong U.S. Economy
The results of last weekend’s lower house election showed that both the Liberal Democratic Party and Komeito failed to maintain a majority, leading to yen weakness across the board in …
[USD/JPY] BOJ Meeting and Intervention Concerns
Last week, there was news that Japan’s Finance Minister Kato and the U.S. Treasury Secretary discussed the exchange rate, which briefly led to selling of USD/JPY. However, this was eventually …
[USD/JPY] Breaks Above the Cloud’s Upper Limit
In the Tokyo market, the Yen started stronger, and the USD/JPY dropped to 149.09. However, later, U.S. long-term interest rates rose, pushing USD/JPY above 150 yen in the European market. …