Japanese Yen extends its steady intraday descent against USD; US PCE data in focus – FXStreet

• Japan's yen will decrease in response to Governor Komita's remarks this Friday.
• BOJ rate hiking beds, geopolitical risks, and fear of trade war can support safe JPY.
• The suppressed US dollar price action may contribute to the USD/JPY upper limit before US PCE data.

The Japanese yen (JPY) attracts the sellers during the day and will win the two -day consecutive victory for two days following Governor Kawada, Governor Kawada. Apart from this, the modest bounce in the US Treasury bond yield and the generally positive risk tone impaired safe JPY. As a result, the USD/JPY pair is low in Asian sessions, so it helps to re -link nearly 100 pip.

Meanwhile, the data released today indicated that the consumer price in Tokyo (the Japanese capital) rose in January. This will continue to create BOJ's hopes for tightening the policy and limit the meaningful depreciation of the meaningful JPY. Furthermore, US President Donald Trump's uncertainty has hindered US dollars (USD) bulls, USD/JPY rather than US personal consumption expenditures (PCE) price index data. It may exceed the pair.

Japanese yen will be weak BOJ Gognerer Kazuo Ueda's remark. The drawbacks seem to be limited

• The Governor of the Bank of Japan said on Friday that the basic inflation was still less than 2 %, and the Central Bank would maintain a kind policy to support price trends.
• The Japan Statistics Bureau reported that the headline of the Tokyo Consumer Price Index (CPI) accelerated from 3.0 % in January to 3.4 % this Friday, which is the highest level since April 2023.
• In addition to this, the Core CPI, which excludes volatile fresh food prices, picked up from 2.4 % in December and rose 2.5 % in the reported month.
• On the other hand, the core CPI gauge, which excludes both the prices of both fresh food and energy, stays near the 2 % target of the Bank of Japan a year, rising from the previous year to 1.9 % from the previous year. 。
• Deputy Governor Ryozo Himino repeatedly stated that the Central Bank would consider the rise of more rates in the real interest rates, and if the economy and prices were expected, the Central Bank would consider more rates.
• The state-owned TASS News Agency has quoted the Russian Ministry of Defense, reporting that two Russian TU-95 strategic bombers have traveled over the Okobotsuku and the Sea of ​​Japan on Thursday.
• According to the first estimate of the US Economic Analysis Bureau (BEA) on Thursday, the US General Production (GDP) grew 2.3 % in the fourth quarter.
• Reading marked a remarkable deceleration from the 3.1 % expansion recorded in the previous quarter, lower than the 2.6 % market forecast, but hardly affected US dollars.
• U.S. President Donald Trump repeatedly threats to impose 25 % of the tariffs on Mexico and Canada, the top two trading partners in the United States, and if BRICS tried to replace USD, 100 % potential 100 % I warned about tariffs.
• The Japanese Prime Minister said on Friday that the government will invest in the United States and continue to create employment, and urges the United States to provide stable energy supply.
• The concern that Trump's protective policy promotes inflation has provided a small lift to the bond yield of the US Treasury, along with the prospects for the Federal Reserve, and it supports money.
• Investors are now looking forward to the release of the US personal consumption expenditure (PCE) price index (Fed priority inflatage) for fresh propulsion on the last day of the week.

USD/JPY may attract fresh sellers near the 155.00 psychological mark. Not yet out of the forest

With a recent breakdown of short -term rising trend channels, a follow -through sales under the monthly swing around 153.70 areas mentioned on Monday is considered an important trigger for a bear -trader. In addition, the oscillator of the daily charts has gained negative traction and is away from being in a zone that is still sold. Therefore, due to the subsequent fall, you can drag USD/JPY pairs into 152.40 areas and 152.00 marks. The latter matches the 100 -day simple transfer average (SMA) and may provide appropriate support for spot prices.

On the back side, it looks like a hard barrier near the 155.00 psychological mark. However, sustainable strength can cause short movements during the daytime for 156.00 round figures and weekly tops and 156.25 areas in the 1555.40-155.45 area. The following related hurdles are fixed near 156.75 regions. If it is resolutely cleared, it may shift long -term bias to bullish traders and open a way for additional benefits.