Japanese Yen Recovers Some Losses Against USD; Bullish Outlook Remains Intact
The Japanese yen (JPY) cut some of its intraday losses against the US dollar (USD) on Monday, bringing the USD/JPY pair back below the mid-155.00s during the early European session. The Bank of Japan’s (BoJ) Summary of Opinions showed conversations about the possibility of further hikes in interest rates. Furthermore, Tokyo’s core inflation increased at […]
Japanese Yen Maintains Strong Bullish Momentum; USD/JPY Struggles Below 154.50
The Japanese Yen (JPY) continues to strengthen in early European trading on Thursday, pushing USD/JPY further below 154.50 and closer to its one-month low from earlier this week. Market expectations that the Bank of Japan (BoJ) will hike interest rates again by year-end continue to support the JPY. Additionally, a fresh decline in US Treasury […]
USD/JPY Climbs Toward 156.00 as Japanese Yen Maintains Intraday Weakness
The Japanese Yen (JPY) weakens broadly during Wednesday’s Asian trading session, allowing the USD/JPY pair to extend its recovery from over a one-month low. A risk-on sentiment, reflected in positive equity market performance, undermines the safe-haven JPY. Additionally, a modest uptick in US Treasury bond yields supports the US Dollar (USD), further pressuring the lower-yielding […]
Japanese Yen Trims Intraday Gains Against USD; Bullish Momentum Persists
The Japanese Yen (JPY) holds its ground against the US Dollar (USD) in the European session, trading just below the one-month high reached earlier on Tuesday. Renewed fears of a global trade war, sparked by US President Donald Trump’s tariff comments, coupled with expectations of a Bank of Japan (BoJ) interest rate hike later this […]
Japanese Yen Weakens Below 150.00 Against USD Amid Mixed Economic Signals
The Japanese Yen (JPY) continues to lose ground during Tuesday’s Asian session, with the USD/JPY pair climbing above the critical 150.00 psychological level. A combination of modest US Dollar (USD) strength and market dynamics is driving this movement, although speculation surrounding a potential interest rate hike by the Bank of Japan (BoJ) in December is […]
Japanese Yen Weakens Amid Rebounding US Yields and Modest USD Recovery
Japanese Yen Weakens Amid Rebounding US Yields and Modest USD Recovery The Japanese Yen (JPY) softened on Thursday, with renewed demand for the US Dollar (USD) pushing the USD/JPY pair above mid-151.00 during the Asian session, recovering from a five-week low hit earlier. Robust US economic data released on Wednesday, indicating resilience and limited inflation […]
Japanese Yen Firm Near Daily High Against USD, Awaits Signals from BoJ Governor Ueda
Japanese Yen Firm Near Daily High Against USD, Awaits Signals from BoJ Governor Ueda The Japanese Yen (JPY) holds its modest gains against the US Dollar (USD), with the USD/JPY pair trading near the 155.00 mark during Thursday’s Asian session. Intervention fears and geopolitical uncertainties, coupled with speculation about potential monetary policy tightening by the […]
Japanese Yen Stays on Defensive, Hovering Near 156.00 Against the US Dollar
Japanese Yen Stays on Defensive, Hovering Near 156.00 Against the US Dollar The Japanese Yen (JPY) continues to weaken against the US Dollar (USD), marking its fourth consecutive day of losses on Thursday, as it dips below the 156.00 level for the first time since July. Despite a notable increase in Japan’s Producer Price Index […]
Japanese Yen Continues Consolidation Against USD Amid Mixed Signals
Japanese Yen Continues Consolidation Against USD Amid Mixed Signals The Japanese Yen (JPY) remains directionless, fluctuating between small gains and losses against the US Dollar (USD) as the European session begins on Tuesday. Investors appear increasingly skeptical about the Bank of Japan’s (BoJ) capacity for further monetary tightening, given Japan’s current political landscape. The October […]
Japanese Yen Stabilizes Against USD Amid Mixed Market Signals
Japanese Yen Stabilizes Against USD Amid Mixed Market Signals The Japanese Yen (JPY) remains range-bound against the US Dollar (USD) on Friday, fluctuating between slight gains and losses in early European trading. Despite recent verbal intervention from Japanese authorities to support the JPY, skepticism around the Bank of Japan’s (BoJ) ability to implement further rate […]
Japanese Yen Hovers Near Daily Low Against USD, US Election Concerns Lend Support
Japanese Yen Hovers Near Daily Low Against USD, US Election Concerns Lend Support The Japanese Yen (JPY) holds steady, drifting further from a one-week low against the US Dollar (USD) touched on Monday, as expectations rise that Japan’s political landscape may complicate future rate hikes by the Bank of Japan (BoJ). However, BoJ Governor Kazuo […]
Japanese Yen Struggles as BoJ Decision Looms; US Data in Focus
Japanese Yen Struggles as BoJ Decision Looms; US Data in Focus The Japanese Yen (JPY) edged higher against the US Dollar during the Asian session on Wednesday, but gains remain limited as the currency hovers near a three-month low. Concerns that Japanese authorities may intervene to support the Yen lend it some resilience; however, uncertainty […]
Japanese Yen Faces Selling Pressure Amid Political and Economic Uncertainty
Japanese Yen Faces Selling Pressure Amid Political and Economic Uncertainty The Japanese Yen (JPY) faces challenges to start the week as market participants digest the implications of Japan’s general election results. Meanwhile, the only data on the U.S. docket is the Federal Reserve Bank of Dallas’ Texas Manufacturing Business Index for October. Later in the […]
Japanese Yen Recovery from Multi-Month Low Against USD Shows Limited Bullish Commitment
Japanese Yen Recovery from Multi-Month Low Against USD Shows Limited Bullish Commitment The Japanese Yen (JPY) has gained ground for a second consecutive day, rebounding from a recent multi-month low near 153.20 against the US Dollar (USD) reached earlier this week. This recovery follows verbal interventions by Japanese authorities, which have been instrumental in supporting […]
Japanese Yen Weakens Below 152.00 Against USD, Hits Fresh Three-Month Low
Japanese Yen Weakens Below 152.00 Against USD, Hits Fresh Three-Month Low The Japanese Yen (JPY) extended its losing streak against the US Dollar (USD) for a third consecutive day, pushing the USD/JPY pair above the 152.00 level for the first time since late July during Wednesday’s Asian session. This recent weakness is driven by uncertainty […]
Japanese Yen Gains Traction Against USD Amid BoJ Uncertainty
Japanese Yen Gains Traction Against USD Amid BoJ Uncertainty The Japanese Yen (JPY) is seeing an upward trend during Friday’s Asian session, partially recovering from the previous day’s losses against the US Dollar (USD), reaching its strongest level since early August. Several factors are driving the JPY’s gains, including verbal intervention from Japanese officials and […]
Japanese Yen Consolidates Against USD, Hovers Near Lowest Level Since Early August
Japanese Yen Consolidates Against USD, Hovers Near Lowest Level Since Early August The Japanese Yen (JPY) continues its sideways consolidation against the US Dollar (USD), remaining near its lowest level since early August during Monday’s early European session. Comments from Japanese Prime Minister Shigeru Ishiba last week, which were critical of further monetary tightening, have […]
Japanese Yen Declines as US Dollar Strengthens Ahead of ADP Employment Report
Japanese Yen Declines as US Dollar Strengthens Ahead of ADP Employment Report The Japanese Yen (JPY) weakened against the US Dollar (USD) on Wednesday, as uncertainty grows around the possibility of future interest rate hikes by the Bank of Japan (BoJ). The BoJ’s Summary of Opinions from September’s Monetary Policy Meeting indicated no immediate plans […]