Japanese Yen
FX News USD/JPY Falls as Japan Inflation Fuels September BOJ Rate Hike Bets
The USD/JPY has declined as two months of rising inflation in Japan have increased expectations for a rate hike by the Bank of Japan in September. The US…
FX News USD/JPY Rises as Japan’s Trade Deficit Widens and Yen Weakens
Japan’s trade deficit for July amounted to JPY 634.5 billion, driven by import growth that surpassed record export figures. Elevated energy costs and broad interest rate differentials persist…
FX News USD/JPY Falls as BoJ Rate Hike Bets Strengthen
USD/JPY declines to near 159.45 in Wednesday’s Asian session. Expectations surrounding a potential interest rate hike by the BoJ as early as September bolster the Japanese Yen. Traders…
FX News USD/JPY Falls as Weak Japan GDP and US Data Shift Rate Expectations
Japan’s Preliminary Q2 GDP increased by 0.3% on a quarter-over-quarter basis, falling short of the anticipated 0.5% growth. Annualised GDP reached 1.1%, complicating the Bank of Japan’s trajectory…
FX News USD/JPY Holds Near 159.40 as Traders Watch for BoJ Intervention Risk
USD/JPY stabilises near 159.40 during the Asian trading session on Thursday. Traders maintain a heightened level of vigilance regarding potential additional currency intervention. Some members of the Bank…
FX News USD/JPY Slips as Yen Gains Ahead of US CPI Data
The yen remains cautious beneath the 159.00 mark as market participants await the forthcoming US inflation data. US CPI data is anticipated to indicate a reduction in inflationary…
FX News USD/JPY Holds Near 159 as Yen Intervention Risks Rise
The Japanese Yen remains stable during the Mountain Day holiday as markets consider the possibility of intervention in the context of limited liquidity. The BoJ may raise rates…
FX News USD/JPY Rises as Yen Weakness and Safe-Haven Dollar Demand Persist
The USD/JPY appreciates as divergent perspectives within the Bank of Japan regarding prospective rate increases maintain downward pressure on the Yen. Japan recorded an unforeseen current account deficit…
FX News USD/JPY Falls as Yen Gains on Intervention Support
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…
FX News USD/JPY Slips as Yen Stabilises After Historic Intervention
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…
FX News USD/JPY Slips as U.S.-Japan Intervention Supports Yen
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…
FX News USD/JPY Falls Toward 156 as U.S.-Japan Intervention Boosts Yen
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…
