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The Japanese yen gained ground on Friday. In the European session, USD/JPY is trading at 136.17, down 0.44%.Tokyo Core CPI eases There was some positive news on the inflation front, as Tokyo Core CPI...
The USD/JPY and other yen crosses remain supported thanks to a hawkish Fed, mostly stronger than expected US macro data, and recent dovish comments from the new BOJ Governor. In this short video,...
USDJPY is struggling to surpass the 38.2% Fibonacci retracement level of the downward wave from 151.90 to 127.25 at 136.66, where also the 200-day simple moving average (SMA) lies. Any movements above...
The new governor of the Bank of Japan, Kazuo Ueda, is currently in the spotlight as traders attempt to determine how closely he will adhere to his predecessor's ultra-loose monetary policies. Despite...
USD/JPY is picking up some upside momentum once again after BOJ leadership candidate Kazuo Ueda appeared in front of parliament last week. He supported the current ultra-loose monetary policy as...
Consumer prices in Japan continue to rise steadily, but this is of little concern to the central bank – a brutal combination for the Yen, which could repeat last year's alarming decline.Japan's...
Central bank watchers knew it would be a surprise if BOJ governor nominee Kazuo Ueda gave any substantial hints about how he will consider policy normalization. Ueda reiterated that the BOJ’s...
Friday morning in Asian trade we will be seeing a couple of things that could put in some volatility in the USD/JPY. Number 1 would be the inflation data being released at 8:30 pm ET. Also, BOJ...
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