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USD/JPY is trading higher, breaking above 160.22, which was the previous 2024 high, so we are seeing the 5th wave in progress, with the possibility of another retest of 161 area. However, Japan has...
Japanese Yen - How Low Can it Go? In this video: We look VERY long-term charts for key levels Why the Japanese Yen is weak When will the USD/JPY intervention happen How to trade intervention
We’re starting to see some real volatility developing in the markets and, while it’s not necessarily showing up in the VIX, it is occurring in three very important assets - NVIDIA (NASDAQ:NVDA),...
USD/JPY trades with weak momentum slightly below the critical 160 level Overbought conditions detected; sellers wait below 158.35-159.00 BoJ intervention is possible; US core PCE inflation due on...
The sell-off in Nvidia (NASDAQ:NVDA) deepened yesterday and sent the shares into the correction territory following a 10% sell-off. Nvidia shares erased around $430 bn in market cap over the past...
Here are 5 reasons explaining why the Japanese Yen is so weak
The Japanese yen has posted gains on Monday. In the European session, USD/JPY is trading at 159.26, down 0.10%. The yen hasn’t had a winning daily session since June 19th and declined 1.5% last week....
The week kicks off on a weak note following a moody trading session across Europe and the US on Friday. One of the most significant moves of last two trading days of the US was a 10% selloff in...
The Japanese yen is weakening against the US dollar again. The USD/JPY pair is rising to 158.97.The currency pair is now again close to the levels when the Bank of Japan and the country's authorities...
Warning! It may not happen but you need to beware of potential Japanese Yen Intervention risk on June 19. Here's why: 1. Juneteeth US holiday 2. USD/JPY takes out 158 3. Weaker US data and lower US...
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