Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
Read More »Japan – Jibun Bank/Markit Manufacturing PMI (final) for June: 52.4 (prior 53.0)
Japan – Jibun Bank/Markit Manufacturing PMI (final) for June From the report: USD/JPY continues to trade in a very small range. It has traded above 111.16 to its highest since…
Read More »USD/JPY snaps two-day downtrend near 109.50 as risk aversion stalls
USD/JPY consolidates the weekly losses by picking up bids to refresh intraday high with 109.54, up 0.06% on a day, as markets in Tokyo open for Wednes
Read More »USD/JPY: Bears track downbeat US Treasury yields to target 108 amid off in Japan
USD/JPY takes offers around 108.45, down 0.12% intraday, during Thursday’s Asian session. In doing so, the quote drops for the second consecutive day
Read More »USD/JPY May Rise at Trendline Support Following Bank of Japan Rate Decision
USD/JPY is testing trendline support following a third weekly loss. Yen traders will have their eyes on the upcoming Bank of Japan rate decision this week.
Read More »USD/JPY: Sellers attack 110.50 as US Treasury yields stay pressured
USD/JPY takes offers around 110.50, down 0.06% intraday, as markets in Tokyo open for Friday’s trading. Even if the Good Friday holiday restricts the
Read More »USD/JPY steady in the Tokyo open as USD bulls take a breather
At the time of writing, USD/JPY is trading at 109.80 ad flat on the day so far. The pair has stuck to a tight range between 109.72 and 109.88 as…
Read More »USD/JPY: Consolidates recent gains around 109.00 as Treasury yields ease
USD/JPY reverses early Asian session gains while declining towards 109.00 as markets in Tokyo open for Monday’s trading. The risk barometer seems to r
Read More »USD/JPY: Bears attack 104.50 as risks dwindle amid a quiet session
USD/JPY sellers flirt with the intraday low of 104.53 as markets in Tokyo open for Wednesday. In doing so, the yen pair marks the least downside momen
Read More »USD/JPY attempts a bounce around 105.50 amid US stimulus optimism
USD/JPY has bounced-off lows but remains confined in a narrow range around mid-105s, as markets remain in a wait-and-see mode in the aftermath of Frid
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