Japanese Yen rises due to increasing odds of a further BoJ rate hike – FXStreet
The Japanese yen has strengthened as traders expect the Bank of Japan to raise interest rates further in the near future. Machinery orders in Japan rose 2.1% in June from the previous month, beating expectations of a 1.1% increase. The US dollar weakened as dovish comments from the Federal Reserve increased the likelihood of a […]
Japanese flows and yen show markets recovering from BOJ scare – Yahoo Finance
Gaurav Dogra and Brigid Riley (Reuters) – Japanese investment data on Friday confirmed what the yen’s slide all week had been suggesting: that after a frightening burst of uncertainty, global investors were again betting the Bank of Japan would slow the pace of interest rate hikes and keep the yen weak. Japanese investors poured more […]
Japanese Yen remains stronger due to hawkish mood surrounding the BoJ, US data eyed – FXStreet
The Japanese yen strengthened as further interest rate hikes by the Bank of Japan became more likely. The yen could face challenges due to political uncertainty, with Prime Minister Fumio Kishida not seeking re-election in September. The US dollar is facing pressure from falling Treasury yields and growing expectations of a Fed rate cut. The […]
Dollar, yen hold tight ranges ahead of BOJ, Fed By Reuters – Investing.com
Bridget Riley TOKYO (Reuters) – The dollar and yen traded within a narrow range on Tuesday as traders awaited a string of major central bank decisions, starting with midweek monetary policy meetings by the Bank of Japan and the U.S. Federal Reserve. The Japanese yen, which surged more than 2 percent against the dollar last […]
USD/JPY drops below 156.00 amid suspected BoJ intervention – FXStreet
USD/JPY lost momentum around the 155.75i range in early Asian trading on Thursday, down 0.30% from the previous day. Japan’s exports increased for the seventh consecutive month in June. The growing likelihood of a US interest rate cut and a dovish message from the Fed is likely to cap the upside for this currency pair. […]
Yen on guard ahead of BOJ; euro stutters with weekly loss in sight By Reuters – Investing.com
By Ray Wee SINGAPORE (Reuters) – The yen was on the defensive on Friday ahead of a Bank of Japan policy decision that could see it further tapering its massive monetary easing, while the politically fraught euro is set to slip for the week. The dollar turned higher, supported by a rise against the euro […]
Dollar firm before key inflation test; yen limps towards BOJ meeting – Yahoo Finance
Kevin Backlund TOKYO (Reuters) – The dollar hovered near a one-month high against the euro and rose to a one-week high against the yen on Tuesday as traders braced for the next day’s key U.S. inflation data and new interest rate forecasts from the Federal Reserve. The US dollar was supported by rising Treasury yields […]
USD/JPY cautiously higher after BOJ policy decision, traders await Ueda presser next – ForexLive
This week’s trading has seen the yen continue to weaken, creating a difficult situation for Japan. The Bank of Japan did not provide much support as USD/JPY has now risen to the 156.00 level, its highest level in over 30 years. So what’s next for this pair? USD/JPY daily chart For now, buyers are cautiously […]
Japanese Yen remains heavily offered after BoJ Governor Ueda's remarks, holds above YTD low – FXStreet
After the Bank of Japan announced its policy decision, the Japanese yen depreciated across the board. The Bank of Japan raised interest rates for the first time since 2007 and also abolished the YCC policy. Hawkish expectations from the Fed push the USD to a two-week high, supporting USD/JPY. The Japanese Yen (JPY) saw typical […]
USD/JPY settles slightly higher after BOJ policy decision – ForexLive
USD/JPY 1 minute chart of sell the facts It looks like the game is starting to move, but I think traders have already spent a week preparing for it. There were so many reports that the Bank of Japan was ending negative interest rates and abolishing its yield curve control policy that the recent announcement […]