Tag Archives: yen

The Japanese Yen suffered a significant decline on Tuesday as a result of the Bank of Japan’s dovish stance. Governor Kazuo Ueda noted the challenge of articulating a plan to leave the negative interest rate policy, but the BoJ did not specify a timeline for liftoff. The USD/JPY pair first …

The Japanese Yen will likely rise significantly in value next year. The BoJ’s action could lead to a significant performance of the Yen. Analysts anticipate that the BoJ will terminate NIRP and YCC at its meeting in January. Although this is partially priced, expectations of additional policy tightening later in …

The USD/JPY pair is recovering after a steep decline on Thursday, climbing four-tenths of a percent from the day’s opening bids and looking to pare back losses. The pair is up aroung 144.836, by +0.52% at the time of writing.The US dollar traded flat against the Japanese Yen through the …

The yen continued its sharp rise on Friday and is on track to record its best weekly performance against the dollar in nearly five months, with traders’ expectations increasing that Japan will soon end its ultra-easy monetary policy. A generally stronger yen capped the dollar’s rise, which remained in a …

The USD/JPY combination is headed for its worst day in 13 months. All around, the Japanese Yen is strengthening against the FX market as a whole. The Yen’s rally on Thursday was triggered by BoJ Governor Ueda’s implied potential tightening. A broad-market rally for the Japanese Yen on Thursday sent …

The US GDP exceeded forecasts in the third quarter, with a 5.2% increase compared to the anticipated QoQ print of 5.0%. However, Japan’s retail trade numbers continued to decline. The Fed’s Tom Barkin gave a hawkish demonstration, and Fedspeak is pulling markets in different directions. The USD/JPY is retreating towards …

The dollar stabilized slightly on Wednesday, but remained not far from the lowest level in two and a half months against a basket of currencies after the statement of the latest Federal Reserve meeting did not indicate anything significant to rule out expectations that the interest rate hike cycle was …

The yen rose against the dollar for a fourth straight session on Tuesday, with investors anticipating the possibility that the Bank of Japan will tighten monetary policy next year while the Federal Reserve will ease it. The dollar reached its lowest level since mid-September at 147.16 yen, and recorded in …

The USD/JPY pair is approaching a seven-week low, with the Yen gaining over one percent against the dollar. The pair has seen three consecutive days of declining as markets bid the Yen and the US dollar faces selling pressure. On Monday, the pair is aiming below 148.00, trading at 148.32. …

The Japanese yen continues to retreat against the dollar since the beginning of daily trading on Wednesday, driven by the rise in US Treasury bond yields due to the famous correlation between both.The USD/JPY rose to 151.37, compared to the previous daily close of 150.37. The pair fell to its …