USD/JPY climbs close to 149.00 before US JOLTS Job Openings data
USD/JPY reaches close to 149.00 as Japanese Government Bond yields rise. Investors are waiting for US job openings data for July. This week’s non-farm payroll data will be crucial for the US dollar. The USD/JPY pair is climbing towards 149.00 during Wednesday’s European session. This follows a significant surge in Japan’s long-term bond yields, which […]
USD/JPY moves up past 147.00 even with expectations of a Fed rate cut
USD/JPY is expected to approach nearly 147.20 during the early Asian session on Monday. Tokyo’s CPI inflation in Japan is set to decline in August. The US PCE stayed above the Fed’s target in July, yet traders remain optimistic about potential rate cuts. The USD/JPY exchange rate is anticipated to settle around 147.20 at the […]
U.S. Dollar Weakens Even with Positive GDP Figures: Insights on EUR/USD, GBP/USD, USD/CAD, USD/JPY
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USD/JPY slips down before Tokyo CPI and US PCE inflation data.
The Japanese yen is expected to strengthen, potentially pushing USD/JPY below the significant level of 147.00. The US dollar faces pressure due to concerns regarding the Federal Reserve’s independence and uncertainties about its monetary policy outlook, compounded by unclear US GDP and employment data. Attention will turn to upcoming reports on PCE and Tokyo CPI, […]
USD/JPY Price Outlook: Aims to rise above 200-day EMA
The Japanese yen is experiencing a significant decline in performance against the US dollar. Economists are anticipating a moderate annual increase of 2.5% in the Tokyo CPI Ex. Fresh food for August. The US dollar remains stable, as Federal Reserve Governor Lisa Cook prepares to file a lawsuit to contest her firing. During the late […]
USD/JPY is above 147.50, but gains are limited by Fed worries.
USD/JPY may face difficulties as the US dollar could encounter issues amid rising concerns about the Federal Reserve’s independence. President Trump has announced the termination of federal governor Lisa Cook’s position. Akazawa, Japan’s chief trade negotiator, is set to return to the US for discussions on Thursday. During Asian trading on Wednesday, USD/JPY bounced back […]
USD/JPY rises close to 147.50, with gains limited by signals from the BoJ.
The USD/JPY could weaken as BOJ Governor Ueda conveyed optimism regarding potential conditions for another rate hike. The US dollar might face difficulties as expectations increase for a Federal Reserve rate cut in September. Federal Reserve Chair Powell indicated that while risks to the labor market are growing, inflation continues to be a pressing issue. […]
USD/JPY Price Outlook: Moves sideways above 147.00 before important US-Japan events
USD/JPY surpasses 147.00 as market anticipates Flash US S&P Global PMI and Japan’s national CPI data. Investors are looking forward to Powell’s address at the Jackson Hole Symposium for insights into future monetary policy. The pair has closed close to the 20-day EMA in recent weeks. The USD/JPY pair is trading within a narrow range, […]
USD/JPY Price Outlook: Holds steady but dips beneath 50-day SMA
USD/JPY Overview USD/JPY has seen consecutive declines. Traders are cautious due to political pressures affecting governance. The price is fluctuating between the 20-day and 50-day simple moving averages (SMA). The upcoming Jackson Hole speech might be a pivotal moment. Strong results could push USD/JPY above 148.00, but a drop below 147.00 is also possible. USD/JPY […]
USD/JPY Price Outlook: Expected to stay flat before Powell’s Jackson Hole address
USD/JPY Market Update USD/JPY appears to have stabilized and is unlikely to recover the 20-day SMA following its recent dip. Resistance levels are at 148.00 and 148.51, which could limit gains towards the 200-day SMA around 149.15. Support can be found at 147.50 and 147.00, and selling might push prices lower to approach the 50-day […]