USD/JPY bulls poke 24-year high above 147.00, Japan intervention, US data in focus
USD/JPY prints mild gains around 147.30 while printing the eight-day uptrend near the highest levels since 1998 as Tokyo opens on Friday. In doing so,
Read More »September 25: Stock Market Massacre, Tesla Recalls Vehicles, Russia Threatens Nuclear War (Recap ep194)
In today’s Recap, Marcello talks about the negative results of the markets overall; Tesla is “recalling” some vehicles to fix a bug on them; and Russia is said to be…
Read More »USD/JPY aims to re-test 141.00 as odds of BOJ’s further intervention escalate, US PMI eyed
The USD/JPY pair is displaying back-and-forth moves in a narrow range of 142.27-142.58 in the Tokyo session. The asset displayed a pullback move after
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Read More »USD/JPY establishes below 144.00 amid lower consensus for US Inflation data
The USD/JPY pair is auctioning below the critical cushion of 144.00 in the Asian session. Broadly, the asset is displaying topsy-turvy moves in a tad
Read More »Japanese Yen Stumbles Against US Dollar as Japan Faces Higher Steel Prices
USD/JPY hit a fresh multi-decade high as the US Dollar surged despite a revival in US stock prices. Japan is facing higher steel prices that threaten to add more drag…
Read More »USD/JPY extends recovery above 136.60, investors turn risk-averse ahead of Jackson Hole
The USD/JPY pair has delivered an upside break of the consolidation formed in a narrow range of 136.40-136.56 in the Tokyo session. The asset has exte
Read More »USD/JPY leans bullish above 134.00, traces firmer yields ahead of Fed Minutes
USD/JPY holds onto the latest bullish bias while picking up bids to refresh the intraday high near 134.40 as Tokyo opens on Wednesday. The yen pair’s
Read More »USD/JPY Outlook: Will the Japanese Yen Keep Weakening Against the US Dollar?
USD/JPY has risen sharply this year, but it may soon begin to correct lower on signs that Fed hawkishness has peaked amid rapidly slowing U.S. economic activity.
Read More »USD/JPY Price Analysis: Bulls make a move in Tokyo open and eye significant correction
USD/JPY bears moved in despite the break of structure and the inverse head and shoulders, trapping breakout traders before the slamming reversal on th
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