USD/JPY softens to approximately 157.65 in the early Asian session on Thursday. Bessent stated that the US supported Japanese Yen intervention to assist in stabilising Asian currencies. The US July jobs data will attract significant attention later on Friday. The USD/JPY pair is currently positioned in negative territory, hovering around 157.65 in the early hours … Read more
On Wednesday, the USD/JPY declined to 157.47, as the Japanese yen halted its recent appreciation. US Treasury Secretary Scott Bessent reaffirmed Washington’s support for Japan following the historic joint currency intervention. Over three sessions, the yen appreciated by nearly 5% following coordinated purchases by Tokyo and Washington, representing the largest such operation in decades. Both … Read more
USD/JPY weakens to near 157.40 in Tuesday’s early Asian session. The coordinated intervention between the US and Japan bolsters the Japanese Yen. The US July jobs report will attract significant attention on Friday. The USD/JPY pair experiences a slight decline, settling near 157.40 in the early hours of trading on Tuesday in Asia. The Japanese … Read more
USD/JPY declines to approximately 156.45 during the early European session on Monday. Japan and the US have confirmed a joint intervention to buy JPY, indicating the possibility of further actions to stabilise the currency. Trump indicated that discussions with Iran would recommence on Monday following the cancellation of proposed military actions. The USD/JPY pair experiences … Read more
The USD/JPY declines as reduced oil prices strengthen the Yen following the cessation of strikes between the US and Iran. Japanese PM Sanae Takaichi’s approval rating declined in July, reaching a term low, influenced by increasing living costs. US military caution and depleted interceptor supplies currently serve to mitigate further escalation with Iran. USD/JPY remains … Read more
USD/JPY stabilises near 163.90 during the early hours of the Asian trading session on Friday. Japanese CPI inflation increased to 1.7% year-on-year in June, up from 1.5% in May. Trump pledged to impose consequences on Iran in response to the Houthi assaults in the Red Sea. The USD/JPY pair remains stable around 163.90 in the … Read more
USD/JPY has softened to approximately 162.45 during the early session on Thursday in Asia. Traders are closely monitoring the situation for potential intervention in the Japanese Yen. The Fed minutes highlighted the significant disagreements among officials, especially regarding the anticipated trajectory of inflation. The USD/JPY pair experiences a slight decline, trading at approximately 162.45 in … Read more
USD/JPY is experiencing modest gains, hovering around 161.80 during the Asian session on Monday. The US and Iran seem to be resuming discussions aimed at concluding the conflict. Traders are closely monitoring the situation for potential Japanese Yen intervention, given the currency’s significant volatility around the 162.00 psychological threshold. The USD/JPY pair records slight increases … Read more
USD/JPY remains stable around 161.60 during the early hours of Wednesday’s Asian session. Traders are reevaluating the timing of potential US interest rate increases following the Federal Reserve’s assertive indication. Prospects for intervention have increased following discussions between Katayama and Bessent. The USD/JPY pair is exhibiting a stable performance, hovering around 161.60 in the early … Read more
USD/JPY has softened to approximately 160.15 during the early Asian session on Tuesday. Trump stated that Iran ‘has agreed to never have a nuclear weapon.’ BoJ is anticipated to increase its short-term policy rate to 1.0% from 0.75% on Tuesday. The USD/JPY pair experiences a decline, reaching approximately 160.15 during the Asian trading hours on … Read more