USD/JPY Sinks on Bets BoJ Will End Negative Rates Soon, US Inflation in Focus
USD/JPY extends losses on speculation that the Bank of Japan may be warming up to the idea of ending negative rates during its March monetary policy meeting.
Read More »USD/JPY Recovers on Ueda’s Dovish Remarks, Critical Tech Levels Ahead
The yen lost ground on Friday after BoJ Governor Ueda indicated that inflation is retreating rapidly and that further confirmation of the sustainability of the price goal is needed to…
Read More »Historic Rate Rise on Track Despite Recession, USD/JPY Contained
Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into…
Read More »USD/JPY Gains on Hot US PPI but FX Intervention Chatter May Cap Upside
This article explores the technical and fundamental outlook for USD/JPY in the aftermath of the January U.S. PPI report, discussing significant price thresholds that traders need to monitor over the…
Read More »USD/JPY Forecast: Hot US Inflation Sparks Bullish Breakout, Key Levels Ahead
This article examines the technical and fundamental outlook for USD/JPY following the latest U.S. inflation report, discussing key levels that traders should watch in the coming days.
Read More »US Dollar Wavers Ahead of US Jobs Data, Tech Setups on USD/JPY, AUD/USD, Gold
This article analyzes the near-term outlook for the U.S. dollar, examining major FX pairs such as USD/JPY and AUD/USD. The piece also scrutinizes the technical profile for XAU/USD
Read More »USD/JPY pinned to the low side near 141.00 as markets close out 2023
The USD/JPY is back into the 141.00 handle as the pair struggles to accelerate momentum in either direction as markets wind up the 2023 trading year.
Read More »The BOJ December meeting summary is not suggestive of any urgent pivot
Bank of Japan Summary of Opinions from the December Monetary Policy meeting. Full text. One member said must patiently maintain monetary easing One member said must confirm sustainable, stable achievement…
Read More »USD/JPY ends the week down 2%, pinned to 142.00 after mid-week Fed pivot
The USD/JPY wrapped up the trading week struggling to develop momentum in either direction from the 142.00 handle after the US Dollar (USD) slumped against the Japanese Yen (JPY) following…
Read More »USD/JPY Weekly Forecast: Markets Peel Back Hopes for BoJ Policy Change
JPY upside may be slowing as NFPs showed a robust US labor market. This week sees the FOMC in action and US inflation to drive volatility.
Read More »