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USD/JPY extended uptrend to 5-month highs to reach 158.00. But positive momentum may be waning. The bulls would need to successfully overcome the 158.00 resistance. USD/JPY crossed above the...
The Japanese yen is showing little movement on Christmas Day. Japanese markets are open but with most global markets closed for the holiday, the currency markets will be very quiet today. In the...
The Japanese yen is showing limited movement on Tuesday. In the North American session, USD/JPY is trading at 157.33, up 0.11% on the day at the time of writing. The yen is having a dreadful time as...
Dollar rebounds on hawkish Fed outlook. Aussie suffers on RBA shift, China concerns. Yen hovers near five-month low on BoJ disappointment. Dollar Flexes its Muscles Against Major Peers The US...
Monitoring for Turning Points After essentially moving in lockstep with US yields early in 2024, the strong relationship abruptly disintegrated mid-year. During this period, USD/JPY was more...
Dollar pulls back, but data corroborate Fed’s hawkish stance. Yen bleeding stops after Japan’s CPI data reveal acceleration. Wall Street set to open lower on risk of a US government shutdown. Will...
Treasury yields rose sharply following the Fed meeting on Wednesday, yet they are collapsing in the world’s second-largest economy, China. While our economy is robust, large foreign economies,...
The Dow’s historic losing streak and weak market breadth are concerning for the bulls. However, a rebound in the S&P 500 offers hope. Is a Santa rally still in play after yesterday's big...
The Fed delivered a hawkish cut on Wednesday, signalling only 50bp of easing in 2025 and shifting to a more patient tone on easing. That has led to another US dollar rally, which we see extending...
USD/JPY is trading sideways as the yen shows some signs of life Market participants are preparing for central bank meetings Momentum indicators are mostly bullish at this stage USD/JPY is trading...
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