[USD/JPY] Reversal of Adjustment
When the Tokyo market opened, Bank of Japan Governor Ueda said that interest rate hikes would continue. This made the dollar fall to 142.12 yen. Later, Japan’s Ministry of Finance …
[USD/JPY] Double Top Neckline
Last week, the US dollar went down after Moody’s lowered the credit rating of the United States. Then, people thought Japan and the US might talk about stopping the weak …
[USD/JPY] No Talk About Stopping Weak Yen
In early Tokyo trading, the U.S. and Japan held a finance meeting, but they did not talk about the exchange rate. After this news, the dollar rose to 144.39 yen. …
[USD/JPY] Correction of Weak Yen and Less Demand for U.S. Dollar
In the Tokyo market, the U.S. dollar was sold first. After news came out that Israel may be planning to attack Iran’s nuclear facilities, investors became more careful and bought …
[USD/JPY] Meeting Between US and Japan Finance Ministers
At the start of the Tokyo market, the USD/JPY rose above the previous day’s high of 145.21 yen and reached 145.51 yen. Later, during the G7 meeting, Japan’s Finance Minister …
[USD/JPY] U.S. Rating Cut and Japan-U.S. Talks
Moody’s lowered the credit rating of the United States, and this caused people to sell the U.S. dollar from the start of the week. The Nikkei stock index in Japan …
[USD/JPY] Correction of Weak Yen and U.S. Credit Rating Downgrade
Because of the U.S. credit rating downgrade last weekend, the dollar may be sold at the start of this week.If people expect Japan-U.S. trade talks to lead to a stronger …
[USD/JPY] Yen Buying Continues
The Japanese yen continued to rise yesterday. This happened because there was news that U.S. and South Korean officials talked about currency issues. People now think that Japan and the …
[USD/JPY] Ichimoku Cloud
After the Tokyo market closed, news came out that the U.S. and South Korea held currency talks on the 5th of this month. This led some people to think that …
[USD/JPY] Bank of Japan May Raise Rates and Yen Adjusts
The U.S. dollar to Japanese yen rate moved a lot after the U.S. and China both announced a large 11.5% cut in tariffs, which surprised the market. This caused the …