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USD/JPY looks heavy on the daily, where we’ve broken below rising trend support (drawn from the May swing) and out of the I-cloud, which price was hugging from mid-Nov.We can see a marked...
The Japanese yen has stabilized on Tuesday and is trading at 141.58, down 0.37%. USD/JPY rocketed higher on Monday, gaining 1.2%.BoJ Core CPI jumps to 2.7% With inflation continuing to gain traction...
The Japanese yen is getting pummeled at the start of the trading week. In the North American session, USD/JPY is trading at 141.90, up 1.09%.Will BoJ Core CPI Continue its Upswing?Japan releases BoJ...
The Japanese yen has edged higher on Friday and is trading at 139.90 in the European session.Japan’s Core CPI Beats ForecastInflation continues to creep up in Japan. Core CPI accelerated to 3.6%...
The Japanese yen continues to flirt with the 140 level. In the European session, USD/JPY is trading at 140.25, up 0.51%. Japan releases the October National CPI later today, which is expected to rise...
USDJPY is moving sideways after the selling interest that started in the preceding week. The drop beneath the long-term ascending trend line is shifting the market to neutral with the technical...
The Japanese yen hit its highest level since August 29th, as the currency powers higher. In the North American session, USD/JPY is trading at 139.17, down 0.53%. The US dollar can’t find its...
The statistics packages from China and Japan - the largest economies in the Asian region - came out below expectations, highlighting weak domestic demand and production. Japan's economy lost 0.3% in...
After a huge rally last week, the Japanese yen has reversed directions today. USD/JPY is trading at 140.21, up 0.99%. On the economic calendar, Japan releases GDP for the third quarter. There are no...
The dollar index lost 4% last week, the most significant drop since March 2020. Such powerful moves against the trend often signal a further trend reversal. However, it will probably be a slower...
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