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
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
USD/JPY experiences robust follow-through positive momentum for the second consecutive day on Monday. The substantial rate differential between the US and Japan exerts downward pressure on the JPY, whereas the risks associated with Hormuz appear to favour the USD. Intervention risks may deter JPY bears from initiating new positions and limit spot price movements. The … Read more
USD/JPY is currently positioned around 161.1 as the July 4 weekend approaches, having retreated from a four-decade peak of approximately 162.5-162.8 reached on July 1 — marking the yen’s lowest point since 1986. The yen experienced a notable increase of nearly 1% toward 161 on Thursday before reducing its gains, marking its most significant rebound … Read more
The USD/JPY exchange rate remained around 162.5 on Thursday, maintaining the yen at its lowest point in forty years and raising concerns in the market regarding potential currency intervention by Japanese officials. The pair had briefly dipped toward 161, with the yen jumping nearly 1% off its four-decade lows before trimming the gains. However, the … Read more
USD/JPY commenced the third quarter with a significant surge, reaching a 40-year peak as the pair exceeded 162.5 and approached new territory near 163.00, coinciding with the Japanese yen’s decline to its lowest point since December 1986. The move has placed the currency market on high alert — a yen this weak raises the spectre … Read more
Today, the USD/JPY has once again become the focal point after surging beyond the 162.00 level, placing Japanese authorities in an increasingly precarious position. The move has pushed the yen to its weakest against the dollar level since 1986, prompting fresh speculation that Tokyo could soon intervene in the foreign exchange market. Although the US … Read more
USD/JPY is experiencing modest gains, hovering around 161.80 during the Asian session on Monday. The US and Iran seem to be re-engaging in discussions aimed at resolving the conflict. Traders are closely monitoring the situation for potential Japanese Yen intervention, given the currency’s significant volatility around the 162.00 psychological threshold. The USD/JPY pair exhibits slight … Read more
The yen is currently at a low point. USD/JPY trades around 161.7 in Friday dealing, hovering near 40-year highs and pinning the Japanese currency at its weakest level since 1986. The pair has returned to nearly the 161.95 peak, having surpassed the early-May highs where Tokyo intervened, and it continues to ascend despite ongoing verbal … Read more
The yen is struggling, and Tokyo’s warnings have diminished in impact. On Thursday, USD/JPY was observed trading around 161.7, attracting new bids towards 162.00 and approaching a 40-year peak, positioning the Japanese yen near its lowest point against the dollar since 1986. The pair has disregarded a consistent stream of verbal intervention from Japanese officials, … Read more
