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 […]
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 […]