The dollar maintained its position close to a four-decade high against the yen on Monday, with USD/JPY trading approximately 162.40 after reaching a 40-year peak of 162.84 on July 1. The Japanese currency has exhibited the most significant depreciation among major currencies this year, declining by 9.15% against the dollar over the past 12 months … Read more
USD/JPY is currently trading at approximately 161.70, having previously peaked in July above 162.80, which positions the yen precariously close to a 40-year low. The pair recorded 162.83 on June 30, marking the weakest level for the Japanese currency since 1986, and has since remained in the low 160s for the past three weeks. The … Read more
USD/JPY is currently at 162.14472, reflecting a decline of 0.03% for the session. The pair recorded a value of 162.1060 on July 15, reflecting a decrease of 0.09% from the prior close. The yen has depreciated by 1.05% in the last month and by 9.54% over the past twelve months. The yen last fell to … Read more
The USD/JPY increased to 162.41 on Monday, reflecting a rise of 0.44%. This movement occurred as the yen surrendered gains from the previous session, reaching new 40-year lows against the dollar. The upward pressure on the dollar was attributed to the recent escalation in Hormuz, which caused a spike in oil prices, heightened expectations for … Read more
The USD/JPY pair increased to 162.41 on Monday, reflecting a rise of 0.44%. This movement occurred as the yen relinquished gains from the previous session, reaching new 40-year lows against the dollar. The upward pressure on the dollar was attributed to the recent escalation in Hormuz, which caused a spike in oil prices, heightened expectations … Read more
The dollar-yen pair is exhibiting significant volatility. USD/JPY is trading near 161 on Friday following a strengthening of the Japanese yen past 161.5 per dollar, effectively reversing nearly all of its earlier losses from the week. This marks a significant turnaround from Thursday, when the yen had declined toward 162.5, reaching new 40-year lows. The … Read more
USD/JPY is trading around 162.5 on Thursday, keeping the Japanese yen close to a 40-year low as the renewed U.S.-Iran conflict drives oil prices higher and adds fresh pressure to Japan’s oil-dependent economy. The pair hovers just shy of its multi-decade peak at 162.84, having increased approximately 11% over the past year. This week’s upward … Read more
The Japanese yen is currently experiencing its lowest valuation in forty years, exacerbated by the recent developments in Iran on Wednesday. The USD/JPY pair moved closer to 162.50 as the U.S. dollar strengthened following Trump’s declaration that the Iran memorandum of understanding was “over,” with safe-haven flows prevailing in the financial markets. The pair commenced … Read more
The euro experienced a decline on Tuesday, July 7, relinquishing some of the gains achieved in the previous week as the US dollar stabilised and market participants adopted a cautious stance in anticipation of an upcoming period filled with significant data releases. EUR/USD was positioned near 1.1420, retreating from a recovery that had momentarily propelled … Read more
USD/JPY has declined to session lows beneath 162.00 following a rejection at 1262.40 on Monday. The US Dollar Index fluctuates without a definitive direction following a retreat from the peaks observed last week. Traders are poised to analyse the forthcoming release of the Fed’s minutes on Wednesday, which will inform their investment strategies. The Japanese … Read more