[USD/JPY] Dollar Buying Reverses After Ceasefire and Soft Fed Comments
Early in Tokyo trading, news said President Trump confirmed a ceasefire between Iran and Israel. This made the USD/JPY fall to around 146.20 yen, and then it dropped even more, …
[USD/JPY] Lower Geopolitical Risk and Chairman Powell’s Speech
After the news that the US military attacked Iran, the USD/JPY price went up in the Tokyo market. In the European market, the price reached 148.02 yen but soon went …
[USD/JPY] Geopolitical Risk and Pressure for US Rate Cuts
The US attack on Iran was delayed for two weeks, which made the market feel calm for a short time. Because of this, the rise in the US dollar stopped. …
[USD/JPY] Above the Cloud Line
Yesterday in the Tokyo market, the dollar-yen price once dropped to 144.74 yen. But after news that the US might attack Iran in the next few days, people bought dollars …
[USD/JPY] No Clear Direction
At yesterday’s Bank of Japan meeting, they showed no strong plan to raise interest rates, so the yen became weaker. At this morning’s Federal Reserve meeting, they said they still …
[USD/JPY] Dollar and Yen Bought as Safe Assets
At yesterday’s Bank of Japan meeting, there were no strong or surprising comments, so the price of the dollar stayed below 145 yen. Later in New York, U.S. retail sales …
[USD/JPY] Risk-On Mood Before Japan and U.S. Policy Meetings
At the start of the week, the U.S. dollar became stronger because of higher risks in the Middle East, and USD/JPY rose to 144.74 yen. After that, the Japanese yen …
[USD/JPY] Bank of Japan Meeting and Japanese CPI
The US dollar is strong due to the preliminary agreement in US-China trade talks and growing geopolitical risk between Israel and Iran. However, there is also selling of US dollars …
[USD/JPY] Many Reasons to Sell the Dollar
In the Tokyo market, U.S. President Trump said he would put new tariffs on many countries in the next few weeks. This caused worry about trade problems, so people sold …
[USD/JPY] US-China Agreement and PPI (Producer Price Index)
Yesterday in the early morning (Tokyo time), news said that the United States and China reached a trade agreement. Because of this, the USD/JPY rose to the 145 yen level. …