The USD/JPY pair is currently trading around 154.80, continuing its two-week decline as market participants adjust their positions in anticipation of the Federal Reserve’s meeting on December 10 and the Bank of Japan’s policy decision on December 19. The pair has experienced a decline of more than 2.7% in December, marking its steepest monthly drop … Read more
The USD/JPY landscape has transitioned into a critical phase as the pair pulls back from late-November highs close to 157.89 and begins early December trading positioned between 154.30 and 155.00. The recent multi-session decline is not attributable to a singular catalyst; rather, it is the result of a convergence of pressures that are ultimately reversing … Read more
The USD/JPY pair continued its two-week decline, dropping to 154.50, marking its lowest point since mid-November. This movement reflects the significant volatility in global FX markets, driven by the contrasting monetary policies of the Federal Reserve and the Bank of Japan. The yen appreciated following comments from BoJ Governor Kazuo Ueda, suggesting a potential increase … Read more
The USD/JPY pair is currently positioned at approximately ¥155.75, influenced by increasing Japanese yields and a dovish outlook regarding the U.S. dollar. Following a short-lived return to the ¥156.00 level, the pair shifted direction as market participants adjusted their expectations for a Bank of Japan rate increase, while also factoring in a potential Federal Reserve … Read more
The USD/JPY pair is currently under significant observation around 155.20, having declined from its late-November peak of 158.00, as market participants adjust their positions in anticipation of important central bank announcements from both the U.S. and Japan. The pair has experienced a decline of approximately 0.7% over the last 24 hours, representing its most significant … Read more
The USD/JPY pair experienced a notable decline in early December trading, moving down to 155.40 after a loss exceeding 100 pips during the London session, driven by a resurgence in yen strength in response to a clear hawkish stance from the Bank of Japan. The recent development signifies a notable transformation in market dynamics, as … Read more
The USD/JPY pair is currently positioned slightly above 156.00, following a pullback from the previous week’s peak of 158.00. The yen strengthened as a result of robust Tokyo CPI figures, increased retail activity, and a boost in industrial production. In November, Tokyo’s headline CPI rose by 2.7% year-on-year, while the core reading remained steady at … Read more
The USD/JPY pair is currently positioned around 156.30, continuing its upward trajectory for the week following a recovery from an intraday low of 155.65. Japan’s yen remains under pressure, finding it difficult to maintain any recovery as traders assess the government’s new ¥21.3 trillion fiscal stimulus, marking the largest effort since the pandemic. Prime Minister … Read more
The USD/JPY pair declined towards 156.00, losing approximately 0.45% on Tuesday, as fresh intervention discussions from Tokyo aligned with underwhelming U.S. economic data. The U.S. Producer Price Index increased by 0.3% month-on-month in September, aligning with forecasts. However, the core figure fell short of expectations at 0.2%, resulting in a decline of the annual rate … Read more
The USD/JPY pair is currently positioned around 156.70, having reached a weekly peak of 157.70 before pulling back due to fresh intervention alerts from Tokyo. Japan’s ¥21.3 trillion economic stimulus, comprising ¥17.7 trillion in direct spending and ¥2.7 trillion in tax cuts, is intensifying fiscal pressure and igniting speculation regarding additional yen depreciation. The yield … Read more