Japanese Yen drifts lower amid BoJ uncertainty; USD/JPY rebounds from one-week low – FXStreet
The Japanese yen attracted new sellers on Tuesday as expectations for a Bank of Japan rate hike wavered. As concerns about President Trump's tariff plans ease, risk sentiment increases and the yen weakens. The rise in US bond yields due to the Fed's hawkish stance supports USD bulls and supports USD/JPY. The Japanese Yen (JPY) […]
ForexLive Asia-Pacific FX news wrap: USD/JPY drops under 156.40 – ForexLive
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USD/JPY holds below 158.00 after Tokyo CPI inflation data – FXStreet
USD/JPY lost momentum to around 157.75 early Friday Asian time. Tokyo CPI rose 3.0% year-on-year in December, compared to a 2.6% rise year-on-year. The Federal Reserve has signaled it will slow its rate of rate cuts, which could support the dollar. In early Asian trading on Friday, USD/JPY lost momentum to around 157.75. The Japanese […]
USD/JPY hits a 5-month high just shy of 158.00 – ForexLive
High risk warning: Foreign exchange trading involves a high level of risk and is not suitable for all investors. Leverage introduces additional risks and losses. Please consider your investment objectives, experience level, and risk tolerance carefully before deciding to trade foreign exchange. You may lose some or all of your initial investment. Don't invest money […]
USD/JPY pullback stalls above 153.00 with investors awaiting the Fed – FXStreet
Ahead of the Fed's decision, attempts to recover the Japanese yen remain limited. Investors are bracing for a 25bps rate cut along with hawkish forward guidance. In Japan, the Bank of Japan is expected to keep interest rates unchanged on Thursday. The US dollar continues its uptrend from early December lows. The reversal from the […]
USDJPY keeping the buyers and the sellers in play – ForexLive
USDJPY continues to be in a tug of war for both buyers and sellers. After the release of the CPI data, price fell from 153.79, just above the 200-bar moving average (MA) on the 4-hour chart, briefly crossing the converged 100-bar moving average (MA) on the 4-hour and 200-day charts. It fell below. MA. However, […]
Japanese Yen retains intraday positive bias; USD/JPY slides to mid-151.00s – FXStreet
The Japanese yen rose slightly following the release of stronger PPI print from Japan. Uncertainty about how quickly the Bank of Japan can raise interest rates has kept yen bulls on the defensive. The US dollar maintains its recent gains and supports USD/JPY ahead of the US CPI report. The Japanese yen (JPY) maintains modest […]
Japanese Yen recovers on safe-haven demand; USD/JPY pulls back from one-week top – FXStreet
The Japanese yen has rebounded from its lowest level in more than a week against the US dollar on Tuesday. Doubts about the Bank of Japan's ability to raise interest rates could hinder new bets by yen bulls. Expectations that the Fed will become less dovish could support the US dollar and support USD/JPY. The […]
USD/JPY Price Prediction: Breaks out of price pattern and declines – FXStreet
USD/JPY has broken out of the broadening formation pattern and is falling towards its target. Perhaps this pair has reversed its short-term trend and the risks are now on the downside, following a bearish bias. USD/JPY has broken the bottom of the bearish Broadening Formation price pattern and is falling towards the first downside target […]
USD/JPY falls to three-week lows as dollar slips to start the session – ForexLive
On the day, the pair fell nearly 1% to the 151.50 level, making the price its lowest since November 6th. But more noteworthy is that the sellers are attempting to break below the 200-day moving average (blue line). The key level is seen at 151.97, which would be a big blow to post-election upward momentum. […]