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USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over 4.5% from a peak of 160.2 at the start of trading on Monday. Behind the pair's rise is a long-term fundamental...
The Fed meetings seem to create more confusion than needed, but it is what is what it is. I know that even though I wrote yesterday that at 2:35 PM ET, it was possible that we saw the usual FOMC press...
The Japanese yen is lower on Tuesday. In the European session, USD/JPY is trading at 156.88, up 0.34%.It has been a relatively quiet day for the yen after massive movement over the past two days. On...
Stocks finished the day higher, thanks to a buy imbalance that gave the market a lift in the final 10 minutes. Technically, not much changed yesterday, and that is because the index just churned...
Japan Intervenes in the Yen for the first time since November 2022Will it work? Have we seen a top in USD/JPY? Let's go through the charts
USDJPY maintains bullish pattern after suspected interventionEURUSD remains trapped below 20-SMA ahead of flash CPIWTI oil futures wait for the next bullish catalyst below key resistanceFOMC policy...
The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have intervened in the currency...
Even though the Bank of Japan left the key rate and parameters of the QE program unchanged, the central bank’s inaction increased the pressure on the national currency. This resulted in USD/JPY...
BoJ has kept rates near zero, following which the yen tumbled to 34-year low against US dollar. A weaker yen could boost exporters but hurt consumers, stoking intervention fears. For the USD/JPY, 157...
The Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%.It has been a busy Friday in Japan. Japanese inflation data, which was released just...
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