The USD/JPY pair is currently trading within a narrow range following the post-election decline, fluctuating approximately between 152.00 and 154.70–155.00. Spot has been reported in the range of 153.5–154.5, reflecting an increase of approximately 0.3–0.8% for the day across multiple sessions. This movement comes as the dollar receives short-term support from robust US data, while … Read more
The USD/JPY pair remains stable around 153.0 following a significant intraday reversal from the 153.70 region and an unsuccessful attempt to move lower towards the 152.70–152.80 range. The pair has been confined within a narrow range over the past four sessions, oscillating between approximately 152.7 on the lower end and 153.7 on the upper end. … Read more
The USD/JPY has recently experienced a significant momentum shift: after reaching a peak near ¥157.72 last week, the pair fell approximately 3% to finish around ¥152.63, with a dip to about ¥152.27–¥152.76 before a slight recovery towards ¥153.0–¥153.5. The intraday movement – declining to the low-152s following Japan’s disappointing Q4 GDP, then rebounding above ¥153.0 … Read more
The USD/JPY has transitioned from a straightforward dollar carry trade to a scenario resembling a congested exit strategy. The pair has decreased from just below ¥157 at the beginning of February to approximately ¥152–153, reflecting a weekly decline of around 2.9%, marking the steepest drop since late 2024. The recent movement is not merely a … Read more
The USD/JPY is currently positioned just under the 153 mark, fluctuating between 152.8 and 152.9, following a decline from an intraday peak near 153.8, resulting in a weekly decrease of approximately 2.7%. The pair is retreating from the 154–155 zone that previously constrained price movement and is currently relying on the robust support band situated … Read more
The US Dollar against the Japanese Yen sees a drop on Friday as earlier gains are moderated by weaker-than-expected inflation figures from the US. There has been a rise in demand for the Yen following the recent election outcomes in Japan, coupled with positive indications from local policies. Japanese officials suggest a cautious but steady … Read more
The USD/JPY pair is currently positioned slightly below the 153.00 mark following a significant four-day decline that has wiped out a substantial portion of January’s advancements. Spot has declined approximately 2.7% this week, settling around ¥152.8–¥153.0, following a volatile intraday range that fluctuated between the high-152s and high-154s. This movement was influenced by stronger-than-anticipated U.S. … Read more
The USD/JPY has transitioned from a steady upward movement to a pronounced correction, currently trading in the range of 152.8–153.2 following three consecutive daily declines and a loss exceeding 2.5% for the week to date. The shift is propelled by a clear convergence: a significant triumph for Prime Minister Sanae Takaichi that alleviated Japanese political … Read more
USD/JPY has transitioned from post-election enthusiasm to a traditional support examination. The pair experienced a spike to approximately 157.65–157.66, but has since declined for two consecutive sessions, currently trading just above 155.00, marking one-week lows. The recent shift eliminates a significant portion of the rally; however, it has not yet disrupted the medium-term trend of … Read more
The USD/JPY attempted to build on its post-election momentum but encountered resistance precisely at the anticipated selling point. The price reached an intraday high between ¥157.72 and ¥157.76, nearing the December 19 peak of ¥157.76 and falling slightly short of the January 20 high close to ¥158.60. The range between approximately ¥157.7 and ¥158.6 has … Read more