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 is currently trading in the range of 156.45 to 156.60, maintaining stability even amid general weakness in the U.S. Dollar and fresh speculation regarding potential tightening measures from the Bank of Japan. The Yen continues to be the weakest currency among the G8, having declined nearly 5% since early October and over … 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
The USD/JPY pair is currently positioned around ¥157.30, having momentarily reached ¥157.89, a level not observed since early 2024, amidst increasing market anxiety regarding possible intervention by Japanese authorities. The trajectory of the pair illustrates the convergence of fiscal pressures in Japan, an expanding U.S.-Japan yield differential, and evolving expectations regarding a potential rate adjustment … Read more
The USD/JPY pair is on a consistent upward trajectory, currently trading at approximately 156.38, reflecting a sustained bullish sentiment as the Bank of Japan refrains from intervention amid ongoing yen depreciation. The pair has increased over 2.4% in November, indicating expanding rate differentials between the Federal Reserve and the Bank of Japan, along with a … Read more
The USD/JPY pair is currently positioned at 156.54, experiencing a minor decline following its recent peak of 157.89, which marked a high not seen in nearly ten months. The decrease occurred following new intervention warnings from Japan’s Ministry of Finance, prompting investors to reduce their long positions. Despite this brief correction, the pair continues to … Read more
The USD/JPY pair has risen to 157.70, reaching a peak not seen in 10 months, driven by the increasing policy divergence between the Federal Reserve and the Bank of Japan, which continues to bolster demand for the dollar. Market participants adjusted their forecasts for a December Federal Reserve rate cut, shifting from a near-certain outlook … Read more
The USD/JPY pair is on a strong rise, currently at 156.54, the highest since January, fueled by soaring Japanese Government Bond yields and ongoing U.S. Dollar strength, pushing the Yen further down. Japan’s 10-year JGB yield hits 1.77%, a 17-year high, fueling market concerns over currency impact from Prime Minister Sanae Takaichi’s fiscal expansion. Investors … Read more
USD/JPY is currently positioned around 155.35, marking a third consecutive session of gains as the Japanese Yen continues to face challenges in rebounding from its significant decline. The pair has reached a ten-month high after decisively surpassing the 155.00 psychological level, with resistance identified in the range of 155.50 to 156.00. This advance comes after … Read more