USD/JPY drops for the first time in eight days after hitting highest levels since October 2020
USD/JPY posted its first day in the red in eight, after the USD slumped to the bottom of the G10 FX performance ranking following a not so stellar Jan
Read More »Softbank group planning a 100bn yen bond offering
Around 100bn yen that is. Meanwhile, USD/JPY has dropped to crica 102.60
Read More »USD/JPY 1Q Forecast: Can the BoJ Keep Up With the Breakneck Pace of the FOMC?
With Shinzo Abe now no longer leading Japan, can Abenomic-fueled Yen losses remain?
Read More »Nikkei 225 edges moderately higher after the open
USD/JPY slides The Nikkei 225 is flat after opening down 0.1%. It’s looking like a flat week but given that we rebounded quickly from the Monday selling and that there’s…
Read More »US Dollar and Yen Down as Stocks Rise, Crude Oil Down on OPEC+
The anti-risk US Dollar and Japanese Yen fell as stocks aimed higher at the start of the global grading week. Crude oil prices fell after OPEC+ officials failed to agree…
Read More »USD/JPY: Downside stalls near mid-104s amid positive T-yields, S&P 500 futures
USD/JPY is attempting a minor recovery above the midpoint of the 104 level in Asian trading this Wednesday, as the bears take a breather after the 30-
Read More »USD/JPY holding up in the 103.80 support zone
USD/JPY is trading at 103.83 and firming in the Tokyo open having risen from a low of 103.70 to a high of 103.84, 0.10% higher on the day. In the…
Read More »Japanese Yen Outlook: USD/JPY May Fall to Support as Covid Boosts Haven Bets
Despite the continuing surge in Covid cases and a worse than expected U.S. jobless claims report, Wall Street ended the day higher. USD/JPY reversed an intraday move higher, looking to…
Read More »Japanese Yen: USD/JPY May fall as Election Gives Way to Rising Covid Cases
The Japanese Yen may strengthen, causing USD/JPY to follow a falling wedge as election headlines fade away. The Covid situation continues to evolve across the globe and Yen strength may…
Read More »USD/JPY bulls losing conviction in the 105 area
USD/JPY was net flat overnight, drifting around 105.30 and is now firmly on the backfoot. At the time of writing, the pair is down some 0.13% and has
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