Tag Archives: usd/jpy

Bulls on the USD/JPY remain in contention with chances of a daily closing over 132.50. The support of the trendline for the USD/JPY pair is crucial at this point. For the bullish thesis to continue to hold, 132.50 was identified as a crucial threshold that had to hold. This was …

The American dollar was not supported by surging Treasury yields. The EUR/USD shifted in the direction of 1.0850. The USD/JPY pair fell back when it encountered resistance near 131.50, while the AUD/USD rose again above the 0.6700 mark.Despite surging Treasury yields, the Dollar Index shows that the US dollar is …

The only significant central bank meeting this week, that of the Bank of Japan, is anticipated to end without a change in monetary policy following the BoC’s rate decision on Wednesday. Nonetheless, there are several elements that might distinguish the meeting event.Hikaru Kuroda, governor of the Bank of Japan, who …

The USD/JPY retreats from weekly highs amidst an offered US Dollar. Positive US economic data failed to boost the US Dollar. USD/JPY Price Analysis: Bullish above 136.00; otherwise, a retest of 134.00 is on the cards.The USD/JPY slides from 136.70s toward the 136.00 area on Friday amidst broad US Dollar …

Despite rising US Treasury bond yields, the USD/JPY pair was unable to gain momentum. According to December’s 2022 dot-plots, the Fed policymakers who made the Wednesday poking are still anticipating rates at roughly 5.25 percent.Although input costs have increased, manufacturing activity in the US is still at a low level, …

The US Dollar has benefited from Thursday’s hawkish data. The USD/JPY pair’s price is capped by the 135s so far and a move below 134.50 will be key for the week ahead. The USD/JPY pair is trading at 134.72 at the time of writing in the afternoon on Wall Street …

After reaching a daily high of 134.46, the USD/JPY stabilized around the 134.00 level, while bears intervened at the weekly highs and drove prices lower.The pair turned directions and suffered only slight losses of 0.08%. The USD/JPY pair is trading around 134.10s on Thursday. Negative divergence between oscillators and price …

The USD/JPY pair registers gains of 0.50%, above the 133.00 mark. US inflation data, though mixed, triggered the recent US Treasury bond yields’ jump, pushing the USD/JPY forward.The USD/JPY reached a new YTD high of 133.13, though it failed to cling to those gains, retracing beneath last week’s high of …

The USD/JPY pair was rejected at the 20-day EMA and collapsed as the Fed increased rates by 25 basis points. Fed officials stated that more increases would be appropriate in 25 bps size. Powell’s disinflationary comments dragged US Treasury bond yields lower, plunging more than ten bps toward 3.40% as …

Amid risk-off impulse, and speculations for the Bank of Japan quitting its policy stance, the USD/JPY is struggling. USD/JPY attempts to hold on its earlier gains as the US session begins, though it’s retracing after hitting daily highs of 129.16 before the Wall Street open. The US dollar is giving …