[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. …
[USD/JPY] Easing of U.S.-China Trade Tensions
Last week, worries about U.S.-China trade problems caused people to sell the U.S. dollar. Also, weak U.S. manufacturing data pushed the dollar down to 142.38 yen. However, it did not …
[USD/JPY] Easing of US-China Tensions
After weak U.S. economic data the day before, the dollar fell, but in Tokyo trading, USD/JPY stayed firm and reached 142.54 yen. In New York, jobless claims were higher than …
[USD/JPY] Weaker Dollar, Stronger Yen
During New York trading hours, two important U.S. economic reports (ADP employment data and ISM non-manufacturing index) showed much weaker results than expected. This caused the U.S. dollar to fall …
[USD/JPY] Recovery from Previous Day’s Drop
At the start of the Tokyo market, Bank of Japan Governor Ueda showed a cautious stance on raising interest rates. This caused people to sell the yen. However, strong selling …
[USD/JPY] Trump’s Tariff Troubles
At the end of last week, President Trump said he would raise extra taxes (tariffs) on aluminum and steel to 50%. He also said China broke their agreement, which made …
[USD/JPY] Tariffs and Bank of Japan Interest Rate Hike
The U.S. trade court ordered to stop the Trump tariffs, but there will likely be more court battles with higher courts. This is making the market more uncertain and increasing …
[USD/JPY] Tariffs Continue and Market Becomes Risk-Averse
In the early morning of the Tokyo market, the U.S. International Trade Court ordered to stop Trump’s tariffs. This news made the U.S. dollar stronger overall. The USD/JPY went above …
[USD/JPY] Reversal of the Adjustment
At the start of the Tokyo market, the USD/JPY dropped to 142.12 yen after Bank of Japan Governor Ueda showed support for more interest rate hikes. Later, the Ministry of …