Japanese Yen trims part of its weekly losses against USD; upside potential seems limited – FXStreet
The Japanese yen has struggled to capitalize on modest intraday gains against the US dollar. Uncertainty surrounding the Bank of Japan's interest rate hike in December and risk-on impulses are holding back the yen. A non-dovish bet on the Fed supports the USD and also provides support for USD/JPY. The Japanese Yen (JPY) pared some […]
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 […]
Japanese Yen ticks higher after revised Japan’s Q3 GDP; lacks follow-through – FXStreet
Following the upward revision of Japan's third quarter GDP, the Japanese yen rose slightly. The recent decline in US Treasury yields has hurt the US dollar and also benefited the yen. Questions about the Bank of Japan's ability to raise interest rates are further limiting the yen's upside. The Japanese yen (JPY) continues to struggle […]
Japanese yen soars to 1-mth high as Tokyo CPI fuels BOJ rate hike bets – Investing.com
Investing.com — The Japanese yen hit its strongest level against the dollar in nearly a month on Friday, as better-than-expected inflation data released in Tokyo strengthened expectations for the Bank of Japan to raise interest rates in December. The exchange rate of the yen, which is required to buy one dollar, fell by about 1% […]
Dollar drops as markets weigh Trump tariff vow, yen hits 5-week high – Yahoo Finance
Written by Stefano Rebaudo (Reuters) – The U.S. dollar fell to a one-week low against major currencies on Wednesday as investors grew wary of President-elect Donald Trump's tariff pledges as they rebalanced their portfolios by the end of the month. . Markets will closely watch the Personal Consumption Expenditures (PCE) Price Index, which will be […]
US Dollar Crushes Euro, Yen, Canadian Dollar, other Currencies as Fed Backpedals on Pace of Rate Cuts – WOLF STREET
Amid renewed concerns about inflation and above-average economic growth. Written by Wolf Richter of Wolf Street. dollar index [DXY] The index, which pegs the U.S. dollar against a basket of six currencies dominated by the euro and yen (euro, yen, Canadian dollar, British pound, Swedish krona and Swiss franc), has so far risen to 107.6, […]
Asian FX muted as dollar remains at 1-yr high; yen steady as inflation rises – Investing.com
Investing.com — Most Asian currencies fell on Friday after the U.S. dollar hovered near 13-month highs, while the Japanese yen weakened after consumer inflation was slightly higher than expected. remained steady. Currencies in the region have fallen in recent weeks, weighed down by a strong dollar and concerns about a slowdown in the pace of […]
Japanese Yen gains positive traction against USD, upside potential seems limited – FXStreet
The Japanese yen has strengthened against the US dollar, but there is a lack of bullish confidence due to uncertainty from the Bank of Japan. Upbeat market sentiment and rising U.S. bond yields could help keep the low-yielding yen in check. Traders will focus on Thursday's US macro data, which the Fed will release ahead […]
Japanese Yen continues losing streak following Q3 GDP data – FXStreet
The yen continues to weaken due to the stagnation of domestic economic activity. Japan's GDP growth rate in the third quarter was 0.9% annually, slowing from the 2.2% growth recorded in the second quarter. Japan's Kato said he would take appropriate action to address excessive fluctuations in exchange rates. The Japanese yen (JPY) extended its […]
