Yen Weakness

ForexNewsPlus Updates

USD/JPY Hits 154.5 as Hot PPI Boost Dollar

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The USD/JPY pair is currently positioned in the mid-154s following a notable rebound from earlier lows around 152.10 this week, indicating a clear change in the macroeconomic narrative rather than an arbitrary fluctuation. The Chicago PMI for January in the US surged to 54 from 43.5, exceeding the consensus of 44 and indicating a notable … Read more

ForexNewsPlus Updates

USD/JPY Soars to 158 as Yen Exits and US Data Boosts Dollar

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The USD/JPY has entered a distinct bullish phase, surpassing the significant ¥157.75 breakout level on Friday and currently trading in the range of ¥157.9–¥158.0, reflecting an approximate increase of 3.98% over the past three months. The weekly candle concluded near the upper limit of the range, just beneath the significant ¥158 threshold, positioning the pair … Read more