[USD/JPY] Buying Ahead of the Meeting
Yesterday during Tokyo trading hours, President Trump mentioned a possible 10% tariff on China and targeting the EU for tariffs, which caused the euro to weaken and strengthened the US …
[USD/JPY] Dollar Rises on Tariff News
President Trump decided not to apply tariffs on the first day, but during Tokyo trading hours, news reported that he is considering a 25% tariff on Canada and Mexico. This …
[USD/JPY] Tariffs Temporarily Delayed
On the day Trump’s new administration started, tariffs were temporarily delayed, easing concerns about rising inflation. In the Tokyo market, the USD/JPY reached a high of 156.58 yen but then …
[USD/JPY] Bank of Japan (BOJ) Rate Hike Expectations
Last week, the USD/JPY fell from the low 158 yen range to below 155 yen, dropping over 3 yen. This was due to strong comments from the Bank of Japan …
[USD/JPY] Rising Chance of Bank of Japan Rate Hike
Following the speech by Governor Ueda the day before, reports yesterday suggested that the Bank of Japan might raise interest rates in next week’s meeting. This caused the yen to …
[USD/JPY] Yen Strengthens Across the Board
Following comments from Deputy Governor Nagamino the previous day, Governor Ueda also hinted yesterday during Tokyo trading hours that there may be a rate hike at next week’s Bank of …
[USD/JPY] Steady Support Remains
Early yesterday in the Tokyo market, USD/JPY fell to 157.12 yen due to reports that the new Trump administration had not yet approved or decided on tariff policies. Later, Bank …
[USD/JPY] Focus on Deputy Governor Himino’s Statement
On Monday, the Tokyo market was closed for a holiday. During this time, USD/JPY dropped to 157.96 yen as selling dominated. Selling of cross-yen pairs increased, leading to both yen …
[USD/JPY] Strong Dollar and Strong Yen
Last weekend’s U.S. employment data was stronger than expected, pushing USD/JPY to its highest level since July last year at 158.87. The U.S. dollar gained broadly as markets now expect …
[USD/JPY] Aggressive Comments from U.S. and Japan Central Banks
At the Bank of Japan’s branch managers’ meeting yesterday, it was pointed out that many people want stable exchange rates. There were also aggressive comments, such as large companies planning …