FX Rate Updates

USD/JPY Consolidates as Key Support and Resistance Come into Focus

It is anticipated that the most probable scenario for USD/JPY, at least in the upcoming weeks, could involve a sideways movement as the pair establishes a range of approximately 350 pips. The US dollar has experienced a decline against the Japanese yen in early trading on Wednesday; however, USD/JPY is beginning to show some signs … Read more

Fx Rate Updates

USD/JPY Holds Key Support as Carry Trade Favors Dollar Strength

The USD/JPY pair exhibits some indecision following an initial surge, yet the prevailing support levels and yield differentials remain advantageous for the dollar. Carry trade dynamics and structural Japanese policy constraints indicate that pullbacks continue to present favorable buying opportunities. The US dollar initially attempted to strengthen against the Japanese yen but subsequently reversed, indicating … Read more

Fx Rate Updates

USD/JPY Finds Support as BOJ Stays Dovish

The USD/JPY experienced a significant decline, subsequently bouncing back from the 155 level, which remains a robust support point. The Bank of Japan’s decision to refrain from tightening, coupled with the Federal Reserve’s indications of uncertainty, positions the pair as a favorable buy-on-dips opportunity within a context of volatile consolidation. The US dollar has experienced … Read more

FX Rate Updates

USD/JPY Stalls as Yen Holds Strong

The USD/JPY pair is currently stabilizing around 156.57 on Wednesday, taking a breather following three straight days of upward movement. This stability persists even in light of a significant change in the statements made by Bank of Japan Governor Kazuo Ueda, who indicated that the central bank is nearing a sustainable achievement of its 2% … Read more

FX Rate Updates

USD/JPY Eyes Rebound Ahead of Crucial FOMC Decision

USD/JPY initially declined but strengthened following the U.S. core PCE aligning with expectations, with technical indicators suggesting a potential bullish rebound ahead. Support levels are holding steady, and the pair is likely to consolidate as it anticipates the forthcoming FOMC decision and press conference. The US dollar experienced a slight decline against the Japanese yen … Read more

Fx Rate Updates

USD/JPY Drops as Market Eyes Bank of Japan Policy

The USD/JPY pair declined to 155.67 on Wednesday, managing to recover a portion of the significant losses incurred in the prior session. The decline was influenced by renewed pressure on the US dollar, as market expectations for a more extensive Federal Reserve easing cycle gained momentum. Investor focus domestically is sharply directed towards the potential … Read more

FX Rate Updates

USD/JPY Drops as Yen Gains on Intervention Worries

The USD/JPY pair declined to 156.13 on Thursday, as the Japanese yen regained some of its recent losses amid heightened market vigilance regarding possible intervention by Japanese authorities. Market participants are considering the potential for the upcoming US Thanksgiving holiday, a period known for reduced liquidity and lighter trading conditions, to create an opportunity for … Read more

FX Rate Updates

USD/JPY Dips Under 156.00 Amidst Slowing US Economy

The USD/JPY pair experienced a reversal, declining by over 0.54% on Tuesday. This movement comes as investors gained confidence in the likelihood of a Federal Reserve rate cut during the December meeting, prompted by a soft US inflation report and weaker-than-anticipated Retail Sales data. As of the current analysis, the pair is trading at 155.98, … Read more

FX Rate Updates

USD/JPY falls but remains positive

The Japanese Yen appreciates against the US Dollar on Friday, as the currency pair halts a four-day winning streak following new verbal intervention warnings from Tokyo, leading to slight profit-taking. The Japanese Yen appreciates against the US Dollar on Friday, as the currency pair halts a four-day winning streak following new verbal intervention warnings from … Read more

FX Rate Updates

USD/JPY Soars as Japan Pushes for Dovish Strategy

The USD/JPY pair rose to 154.72 on Monday, approaching its peak levels since February, even in light of Japanese economic data that exceeded expectations. Japan’s GDP experienced a contraction of 0.4% quarter-on-quarter in Q3 2025, marking a reversal from the 0.6% growth observed in Q2. Nonetheless, this result surpassed the 0.6% decrease projected by economists. … Read more