USD/JPY retests highs for the year as dollar stands its ground – ForexLive
USD/JPY daily chart Bond markets have been more volatile this week, but USD/JPY traders don’t seem to be waiting on the sidelines. Buyers are keen to push their agenda after defending the decline near the 100-day moving average (red line) earlier this week. Currently, the price is moving higher on this day to test the […]
It's been a choppy ride for USD/JPY this week – ForexLive
Bank of Japan Governor Ueda's comments were the driving force behind Tuesday's price action, but the rest will depend on developments in the bond market. And that didn't help much with the direction of USD/JPY this week. Treasury yields have also fallen significantly, and yesterday's action was a perfect example of that. Yields were initially […]
US Dollar Forecast: US Q4 GDP in Focus, Setups on EUR/USD, USD/JPY, GBP/USD – DailyFX
US dollar outlook – EUR/USD, USD/JPY, GBP/USD of USD Despite better-than-expected US economic data, the economy stalled on Wednesday but could turn around in the coming days Market attention shifts to the US in the fourth quarter GDP report This article examines the technical outlook for the US dollar, focusing on three major currency pairs: […]
USD/JPY plunges to near 147.50 on speculation of Fed rate cuts in March, US PMI data eyed – FXStreet
share: The US dollar/yen pair fell due to expectations of a Fed interest rate cut in March. Japan's better-than-expected economic indicators may have supported the yen. The US dollar faces challenges due to weak US yields and improving risk appetite. The USD/JPY pair is trending lower as market confidence is restored on expectations […]
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 […]