The USD/JPY pair declines to approximately 153.15 during the early European session on Wednesday. Market participants speculate that Japan’s Prime Minister Takaichi may adopt a more fiscally responsible approach. The expectation for US NFP in January is an increase of 70K. The USD/JPY pair declines to approximately 153.15 in the early European trading session on … Read more
The USD/JPY pair exhibits strength, approaching 155.85 during the early hours of the Asian session on Wednesday. Market participants are exercising caution in anticipation of Japan’s upcoming snap lower house election on Sunday. The appointment of Kevin Warsh to head the Federal Reserve may strengthen the US Dollar. The USD/JPY pair is experiencing upward momentum, … Read more
The USD/JPY pair opened with a downside gap, extending the selling pressure that began late Friday, as traders continue to position around the broader “sell America” narrative and speculation surrounding an upcoming Federal Reserve rate check. Volatility increased after reports indicated that the Federal Reserve Bank of New York had requested a rate check on … Read more
The USD/JPY pair shows slight upward movement around 158.45 in the early hours of the Asian session on Friday. The Japanese Yen experiences a decline against the US Dollar after the publication of Japanese inflation data. The focus will be on the Bank of Japan interest rate decision and the subsequent press conference scheduled for … Read more
The market has clearly expressed its discomfort with rising interest rates in Japan, as traders continue to apply pressure on bond markets in Tokyo. The USD/JPY pair fluctuated throughout Wednesday’s session, reflecting persistent volatility near the 158.00 level. The upcoming Bank of Japan interest rate decision on Friday remains a key event that is likely … Read more
The USD/JPY pair declined to 158.16 on Friday, reflecting the Japanese yen’s ongoing recovery from earlier in the week. Market participants are paying close attention to the forthcoming Bank of Japan meeting, anticipating more definitive indications about the trajectory of interest rate increases. The regulator is anticipated to maintain its policy parameters as they are … Read more
The carry trade continues to be a significant influence currently in many of the Japanese yen-related pairs, particularly in the USD/JPY market. The US dollar experienced a slight decline against the Japanese yen at the beginning of Thursday’s session; however, recent movements indicate a potential shift towards upward momentum. The carry trade continues to be … Read more
The USD/JPY pair experienced an initial rally during trading session; however, it has subsequently declined, reflecting a somewhat lackluster performance by the US dollar overall. Upon examining the technical analysis, it is evident that USD/JPY has been consolidating following a significant upward movement. The recent pullback observed over the past few weeks is justifiable, as … Read more
The US dollar experienced an initial surge against the yen; however, it is important to highlight that the markets continue to incentivize holding the USD/JPY pair on the long side. The US dollar experienced a slight rally during Friday’s trading session; however, we have retraced some of those gains. It is not particularly surprising, nor … Read more
The USD/JPY pair shows strength, reaching approximately 156.75 during the early Asian session on Friday. The measured approach of the BoJ regarding monetary tightening exerts pressure on the Japanese Yen, providing a favorable environment for the pair. The potential for a US rate cut, along with worries regarding the Fed’s independence, could limit the upward … Read more