Japanese Yen receives support from odds of BoJ raising rates following Tokyo CPI – FXStreet
The Japanese yen rose as traders predicted the Bank of Japan would raise interest rates in January. Japan's Jibun Bank manufacturing PMI reached 49.6 in December, exceeding the forecast of 49.5 and the previous estimate of 49.0. The dollar remains weak, with 2-year and 10-year Treasuries trading at 4.32% and 4.62%, respectively, as U.S. Treasury […]
Japanese Yen rises following Tokyo CPI inflation – FXStreet
The Japanese yen strengthened following the release of Tokyo CPI inflation data, which showed an increase in December. The Tokyo Consumer Price Index in December was 3.0% compared to the previous year, up from 2.6% in November. The US dollar rose slightly as the possibility of further interest rate cuts by the US Federal Reserve […]
Japanese Yen bulls remain on the sidelines; seems vulnerable against USD – FXStreet
The Japanese yen has struggled to take advantage of Friday's modest rebound against the US dollar. Questions about the Bank of Japan's interest rate hike plans and the widening gap in yields between Japan and the U.S. are weighing on the yen. Traders are now looking to the US Consumer Confidence Index for short-term stimulus […]
BOJ’s Steady Rates and Ueda’s Dovish Comments Drive Yen Weaker – Yahoo Finance
(Bloomberg) – Dovish comments from Bank of Japan Governor Kazuo Ueda hinting at the possibility of raising interest rates in March led to a weaker yen after the Bank of Japan left its monetary policy settings unchanged. Most Read Articles on Bloomberg Ueda said Thursday that the Bank of Japan needs more information about Japan's […]
Dollar charges ahead on hawkish Fed outlook, yen awaits BOJ – Yahoo Finance
Written by Lei Wee SINGAPORE (Reuters) – The dollar hit a two-year high on Thursday after the U.S. Federal Reserve signaled a slower pace of interest rate cuts in 2025, while the yen weakened ahead of the Bank of Japan's policy decision. It fell to its lowest price in a month. (Bank of Japan) later […]
Japanese Yen bears have the upper hand ahead of key central bank event risks – FXStreet
Following the release of Japan's trade balance statistics, the Japanese yen has attracted some sellers. Expectations that the Bank of Japan will keep interest rates unchanged and rising US bond yields are also weighing on the yen. Traders are eagerly awaiting key FOMC decisions ahead of Thursday's Bank of Japan policy update. The Japanese yen […]
Japanese Yen extends its consolidative price move near multi-week low against USD – FXStreet
The Japanese yen continues to weigh on the Japanese yen as expectations for a December interest rate hike by the Bank of Japan fade. Rising US bond yields and positive risk trends also undermine demand for the safe-haven Japanese yen. However, investors appear to be reluctant ahead of this week's important FOMC/BOJ policy meeting. The […]
Japanese Yen bears not ready to give up amid doubts over BoJ's rate-hike plan – FXStreet
The Japanese yen hit a new monthly low against the US dollar on Friday. The yen continues to fall as expectations for the Bank of Japan's interest rate hike in December fade. Rising US Treasury yields support the US dollar and the USD/JPY pair. The Japanese yen (JPY) pared some of its intraday losses against […]
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 […]