USD/JPY is currently positioned around 155.35, marking a third consecutive session of gains as the Japanese Yen continues to face challenges in rebounding from its significant decline. The pair has reached a ten-month high after decisively surpassing the 155.00 psychological level, with resistance identified in the range of 155.50 to 156.00. This advance comes after … Read more
USD/JPY opens near $154.90 as Japan’s Q3 GDP contracts 0.4 percent following last quarter’s 0.6 percent expansion, resulting in a notable annual decline of 1.8 percent. The yen immediately weakened with USD/JPY jumping from $154.56 to $154.63 after the GDP print, a sign traders were ready to buy any dip into the nine-month high at … Read more
The USD/JPY structure is currently in a phase where macro divergence is expanding at a rate not seen since early 2022. The pair experienced a notable increase, reaching 155.044, marking the highest point in nine months, before concluding the week at 154.52. This development extended its November gain to 0.34%, following a significant 4.2% rise … Read more
USD/JPY is currently in a pivotal stage as the exchange rate stabilizes near 154.60, bouncing back from a previous decline to 153.62, marking the most significant period of upward movement in nearly nine months. The price action indicates a significant shift in rate expectations between the Federal Reserve and the Bank of Japan; however, … Read more
The USD/JPY is currently positioned around 154.60, showing a significant recovery from its intraday dip to 153.62. The pair is now just shy of half a point from the nine-month peak of 155.04, which was briefly reached earlier this week. This rebound occurs at a time when the U.S. Dollar regains stability following the government … Read more
The USD/JPY pair is currently positioned around 154.30–155.00, approaching levels that haven’t been observed in eight months. This movement is influenced by political developments in Tokyo, which are altering expectations regarding the forthcoming policy decision from the Bank of Japan. Prime Minister Sanae Takaichi’s initial formal discussion with Governor Kazuo Ueda triggered fluctuations as she … Read more
The USD/JPY pair is currently trading at approximately ¥154.10, consolidating close to its nine-month peak after reaching ¥154.49, as global traders assess the optimism surrounding Washington’s fiscal relief in contrast to Tokyo’s tightening stance. The U.S. Senate’s decision to reopen the government has sparked increased demand for the dollar and enhanced risk appetite, while Japan’s … Read more
The USD/JPY pair is currently positioned around 154.00, consolidating slightly beneath the significant resistance zone of 154.50–155.00, as market participants analyze the recent weak U.S. labor data alongside the Bank of Japan’s prudent policy approach. The dollar initially surged to a new nine-month peak at 154.50, but then pulled back as weaker U.S. employment figures … Read more
The USD/JPY pair exhibits notable volatility while demonstrating resilience, currently positioned just beneath its eight-month peak at 154.49. This stability is driven by optimism surrounding a potential resolution to the U.S. government shutdown, which counters the renewed caution emerging from Tokyo. During the Asian session on Monday, the pair was observed trading in the range … Read more
The USD/JPY pair declined to ¥153.41, reflecting a 0.38% decrease for the week, as Japan’s fresh intervention warnings coincided with increasing uncertainty surrounding U.S. policy due to the extended government shutdown. Following a rise to an eight-month high around ¥154.48, the dollar-yen exchange rate shifted direction as Japanese authorities conveyed “high urgency” regarding the yen’s … Read more