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USDJPY edges lower after Tuesday’s sizeable rallyHeightened risk of intervention as USDJPY is comfortably above 150Mixed momentum indicators complicate the outlookThe lack of JPY-positive...
The British pound is relatively strong to start BOE week. With no change to interest rates expected, traders will key in on the BOE’s vote split and economic forecasts. GBP/USD is consolidating...
BoJ tweaks YCC, maintains 1% upper limit Japanese yen sinks The Japanese yen is sharply lower on Tuesday following the Bank of Japan policy meeting. In the European session, USD/JPY is trading at...
BoJ’s holding 2-day meeting on Monday and Tuesday The Japanese yen is drifting on Monday after pushing the US dollar back below 150 on Friday. In the European session, USD/JPY is trading at...
On Friday, the Nigerian naira (NGN) was the best-performing currency among the 20 global currencies we track, while the Russian rouble (RUB) showed the weakest results. The Japanese yen (JPY) was the...
Fed expected to keep rates on hold despite robust US GDP/personal consumption/spending data The monthly pace of core inflation ticked higher October’s PCE reading however is expected to cool...
The JPY may be ready to retrace.The USD/JPY hit a new high for 2023 and quickly reversed with some downside follow-through today ahead of the weekend. A headline came out earlier about Japan's CPI...
Tokyo Core CPI climbs higher than expected US GDP jumps 4.9% The Japanese yen has steadied after three straight days of losses. In the European session, USD/JPY is trading at 150.11, down 0.19%.Strong...
USDJPY unlocks new high above 150 but with weak momentumTechnical signals mixed; support at 149.43USDJPY escaped the FX intervention risk on Thursday despite closing marginally above the 150 round...
Japan 10-year bond yields rose 1.5bps to 0.852% Odds of a yield curve control adjustment are growing for next week’s BOJ meeting Dollar-yen vulnerable to a surge above 150 on a robust US Q3 GDP...
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