The USD/JPY pair is currently exhibiting a narrow range, fluctuating around 153.60–153.90, as market participants weigh the strength of the U.S. economy against Japan’s persistent monetary divergence. Despite short-term fluctuations influenced by the employment report (42,000 new jobs in October) and ISM Services PMI (52.4), the overall sentiment remains optimistic. The Japanese Yen is experiencing … Read more
The exchange rate for USD/JPY is presently around 154.15, holding steady near its eight-month peaks. The couple’s path for November is influenced by differing monetary policies, Japan’s fiscal growth, and possible intervention risks. The dollar’s rise from 151.50 to 154.45 reflects a renewed confidence in the U.S. economy, especially after the data showed the eighth … Read more
The USD/JPY pair continued its strong ascent into the first session of November, finishing Friday close to 154.00, marking its highest point since March, as U.S. yields rose sharply after Jerome Powell reiterated that rate cuts are “far from guaranteed.” The dollar’s rally was bolstered by the current U.S. government shutdown, which postponed essential labor … Read more