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Japanese consumer inflation slowed from 2.6% y/y to 2.2% y/y in January. The data was slightly higher than the expected 2.1%, providing temporary support for the Yen, which rose 0.4% after the...
The impact of the Yen's fluctuations was evident in the country's latest external trade report. On a seasonally adjusted basis, January recorded the highest surplus in three years. The 235B...
USD/JPY trades sideways, hovering around the 150 levelIt remains close to its recent peak and it is comfortably above a key trendlineMomentum indicators are mixed, all eyes on the stochastic...
There could be trading opportunities in key currency pairs like the EUR/USD, USD/JPY, and GBP/USD in the coming weeks. EUR/USD has bounced off key support amid renewed buying interest as GBP/USD...
The Japanese yen is hovering near 150 per dollar, retreating from last week's four-month highs of 151. The 150-152 area is hazardous for short-term traders, as this is the level from which the...
Trade Ideas for Friday 15th February 2024 If you managed to buy some EUR/JPY at 160.90 (this was the low for the day so it would have been tough to get the position on I know), the pair immediately...
The S&P 500 rebounded past the 5000 yesterday. This time, a mixed set of manufacturing data and a drop in US retail sales – which fell the most in almost a year – were brought forward...
The Japanese yen has improved on Thursday, despite a disappointing GDP report. In the North American session, USD/JPY is trading at 150.12, down 0.31%. USD/JPY fell as much as 0.70% today but has...
The Japanese yen has improved on Thursday, despite a disappointing GDP report. In the North American session, USD/JPY is trading at 150.12, down 0.31%. USD/JPY fell as much as 0.70% today but has...
US dollar retreats as risk appetite improves, but bullish trend persists amid Fed's hawkish stance. Attention turns to upcoming economic data, with retail sales, jobless claims, and sentiment...
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