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As the global markets reopen have the New Years’ Day, Japanese markets are closed for a holiday. It’s a very light economic calendar today, with no Japanese releases and only one US tier event –...
USD/JPY is edging lower on Thursday. It continues to hover slightly below the key 158 level. Momentum indicators show signs of weakness. USD/JPY is trading slightly lower again on Thursday,...
Markets remain in holiday mode. Dollar maintains most of last week’s gains. Yen and bitcoin suffering continues. The final full trading session of 2024 The last full trading session of 2024 is...
Another quiet holiday week looms for financial markets. Manufacturing PMIs, including the US ISM, are the only highlight. But rising US yields and sliding yen may spark New Year’s...
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...
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