ForexLive Asia-Pacific FX news wrap: USD/JPY yen back under 148, renewed BOJ hike chatter – ForexLive
Goldman Sachs says President Trump's victory in 2024 will likely cause bond yields and the US dollar to rise Warning from Wells Fargo: Stocks at all-time highs based on false expectations Chinese authorities 'ask' funds to restrict short selling of stock index futures Societe Generale expects USD/JPY to fall below 140 yen in Q2 2024 […]
USD/JPY Slips Lower After BoJ Stands Pat but Hints on Improving Inflation Outlook – DailyFX
JPY – USD/JPY price,charts,analysis The Bank of Japan will maintain ultra-accommodative monetary policy for the time being. Short-term interest rates remain unchanged at -0.1%, and the yield on 10-year bonds is around 0.0%. Download the Japanese Yen Technical and Fundamental Outlook for Q1 2024 for free: Recommended by Nick Corey Get Free JPY Forecast The […]
USD/JPY falls further on Ueda presser, drags down the dollar – ForexLive
Mr. Ueda's change in tone today is making a difference, with USD/JPY dropping about 100 pips at his press conference. The pair was initially close to the 148.00 mark, but is now trading closer to 147.00 as Mr. Ueda is expected to launch his policy in March or April next year. USD/JPY hourly chart As […]
US Dollar Forecast: EUR/USD, USD/JPY, USD/CAD & AUD/USD’s Path Tied to US PCE – DailyFX
US dollar forecast – EUR/USD, USD/JPY, USD/CAD, AUD/USD of USD It has rebounded recently, helped by a hawkish reassessment of Fed policy. compared to what was expected earlier this year outlook FOMC The start of reducing borrowing costs at the March meeting also tapered off, strengthening the US dollar's recovery All eyes will be on […]
USD/JPY hits 148.50 as the non-stop rally continues – ForexLive
USD/JPY today cleared the last major hurdle before a retest of 150.00. It has surpassed the 61.8% retracement level of the November-December downturn and is an additional 100 pips above it. It rose 130 pips to 148.50. USDJPYDaily The pair surged from 144.50 at the beginning of the week, gaining 400 pips in a lopsided […]
USD/JPY finds support from carry trade, geopolitical risks, global inflation risk – ForexLive
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US Dollar Forecast: Reversal Possible; Setups on EUR/USD, USD/JPY, GBP/USD – DailyFX
USD Outlook – euro/usd, GBP/USD, USD/JPY The US dollar has largely stopped rebounding and has been consolidating around the 102.00 level in recent days. U.S. interest rate expectations took a dovish turn last week, with traders pricing in nearly 160 basis points of easing by the end of the year. Dovish bets on Fed policy […]
US Dollar at Critical Juncture after US CPI, Setups on EUR/USD, USD/JPY, GBP/USD – DailyFX
Trade smarter – Sign up for the DailyFX newsletter Receive timely and compelling market commentary from the DailyFX team subscribe to newsletter Most read: Are gold prices and the Nasdaq 100 at risk of a major correction? Despite the better-than-expected US inflation data, US interest rate expectations have shifted in a more dovish direction over […]
USDJPY Technical Analysis – ForexLive
USD The Fed left interest rates unchanged, as expected at its previous meeting, and revised its statement to signal the end of its tightening cycle. A summary of economic forecasts showed that the unemployment rate will remain unchanged, while the growth rate and core PCE for 2024 will be revised downward. Additionally, the dotplot has […]
USD/JPY inches back towards test of key technical level – ForexLive
After yesterday's selloff, it looks poised for further decline today, currently down 0.3% to 143.75. Of note, price is starting to move towards the next test of his 200-day moving average (blue line) at 143.35. USD/JPY daily chart This makes the range of price movements clear in the big picture, with a daily ceiling at […]