USD/JPY remains stable, hovering around 155.25 during the early hours of Wednesday’s Asian session. The Federal Reserve is anticipated to increase the benchmark overnight interest rate by 25 basis points, bringing it to a range of 3.75% to 4.00%. Markets expect the BoJ to increase rates by 25 basis points at the forthcoming meeting on … Read more
USD/JPY advances to approximately 154.55 during the early hours of Tuesday’s Asian session. Traders prepare for the Federal Reserve’s initial interest rate increase in over two years. The Bank of Japan is poised to increase its policy rate during the upcoming policy meeting scheduled for Friday in September. The USD/JPY pair advances to approximately 154.55 … Read more
USD/JPY draws the attention of sellers around the 153.55 mark during the early hours of Wednesday’s Asian session. The Bank of Japan is expected to increase its key interest rate by 25 basis points in September. Market participants are closely monitoring the upcoming US inflation data for insights regarding the trajectory of interest rates in … Read more
USD/JPY has experienced a decline, trading at approximately 158.15 during the Asian session on Thursday. Comments from Ueda and Bessent reinforce the argument for a Bank of Japan rate increase this month. The labour market data for August in the United States is set to be the focal point later this week. The USD/JPY pair … Read more
USD/JPY advances to approximately 159.85 during the early European session on Tuesday. Japan’s 10-Year bond yield has reached 3% for the first time since 1996. Bessent anticipates that the Bank of Japan will implement measures to strengthen the Japanese Yen. The USD/JPY pair advances to approximately 159.85 in the early European trading session on Tuesday. … Read more
USD/JPY has softened to approximately 158.90 during the Asian session on Wednesday. The Treasury could utilise its General Account to assist in financing government bond acquisitions. The majority of economists anticipated that the BoJ would increase its rate in September, as indicated by a poll. The Japanese Yen has appreciated following the US bond buyback, … Read more
The USD/JPY appreciates for the second consecutive day, achieving session highs exceeding 153.30. Market volatility remains subdued as investors anticipate significant macroeconomic events in the latter half of the week. The technical picture indicates a moderate bullish pressure, targeting the 160.00 area. In a low-volatility market on Tuesday, the Japanese yen is still defensive versus … Read more
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 Dollar declines following the Treasury’s unexpected decision to double long-dated debt buybacks in an effort to mitigate rising bond yields. Tensions escalated as Iranian Foreign Minister Abbas … Read more
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 in exerting significant pressure on the Japanese Yen. Fed Meeting Minutes indicated that officials preferred to increase rates in the near term should inflation continue, following the … Read more
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 are reducing their expectations for an interest rate increase by the Federal Reserve. The USD/JPY pair experiences a slight decline, settling at approximately 159.45 during the Asian … Read more
