TOKYO, JAPAN – JANUARY 01: An employee counts Japanese yen in Tokyo, Japan. (Photo by Tomohiro … [+] Ohsumi/Getty Images) Getty Images Traders and investors perpetually seek a one-look mea...
Tag: USDJPY
2 reasons to buy the USD/JPY ahead of the BOJ’s decision
The last central bank standing firm on its position is the Bank of Japan (BOJ). At a time when major central banks in the world race to tighten financial conditions, the BOJ’s strategy differs. Not on...
USD/JPY Price Forecast – US Dollar Pulls Back Slightly
US Dollar vs Japanese Yen Technical Analysis The US dollar has pulled back significantly during the trading session on Friday but has also found buyers underneath to turn things around and show signs ...
USD/JPY prediction as a double-top pattern forms
The USD/JPY price has regained its bullish momentum as the divergence between the Federal Reserve and the Bank of Japan (BoJ). The pair is trading at 130.53, which is close to the year-to-date high of...
USD/JPY signal for the summer: bulls to remain in control
The story of the year in the FX space was the stunning rise of the JPY pairs in a relatively short period. Take the USD/JPY, for instance. It advanced more than 1,400 pips points (i.e., a huge move) f...
USD/JPY Price Forecast – US Dollar Attempting Recovery
US Dollar vs Japanese Yen Technical Analysis The US dollar has rallied against the Japanese yen during the trading session on Monday to break back above the ¥127.50 level. By doing so, it suggests tha...
USD/JPY Forex Technical Analysis – 126.316 Pivot is Potential Trigger Point for Acceleration to Downside
The Dollar/Yen finished slightly better in a lackluster trade on Friday. Volume was well-below average with the early close of the U.S. Treasury market and most of the major banks and institutions on ...
EURUSD And USDJPY Can Reverse Despite An Aggressive Fed
The US Dollar forged an incredible advance heading into the Federal Reserve’s May announcement. The central bank said it would dramatically escalate its monetary policy regime by hiking its benchmark ...
USD/JPY Positioned to Breakout Over 131.249 Top
The Dollar/Yen is edging higher early Monday as investors moved into the U.S. Dollar amid a shaky start to stock market trading in Asia and as U.S. stock futures slide lower on interest rate worries. ...
USD/JPY prediction: More upside as Japan real wages drop
The USD/JPY price is hovering near its highest level in over 20 years as the divergence between the Federal Reserve and the Bank of Japan (BoJ) widened. The pair is trading at 130.81, which is slightl...
USD/JPY trades at 20 years highs; how far can it go?
The story of the year so far in the FX market is the Japanese yen’s meltdown. All JPY pairs rallied lately, and the driver appears to be the USD/JPY. The USD/JPY pair found a bottom during the COVID-1...
USD/JPY price prediction: impulsive move to end soon
The Japanese yen pairs rallied today yet again, as the USD/JPY made a new high above 125. From a technical perspective, the pair’s bullish breakout happened when it closed above 116.50 for the first t...
EURUSD, GBPUSD, and USDJPY forex signals ahead of today’s NFP data
In the month since the last jobs report in February, the dollar has weakened slightly despite an attempt higher. Economists were off in their forecasts last time around, as February’s release was muc...
USD/JPY: Is it safe to buy the Japanese yen at its six-year low?
The USD/JPY pair continued its bullish momentum on Wednesday morning as Japan’s power crisis escalated. It is trading at 121.04, which is the highest it has been since 2016. Yen has crashed by over 19...
USD/JPY prediction as Fed and BOJ divergence continues
The USD/JPY price tilted upwards on Friday morning after the latest interest rate decision by the Bank of Japan (BOJ). The pair rose to a high of 118.75, which is close to its highest level since Febr...
USD/JPY forecast: More upside after disappointing Japan GDP data
The USD/JPY price tilted higher on Wednesday morning after the latest Japan GDP numbers. The pair is trading at 115.83, which is about 0.25% below the highest level this year. Japan GDP data The Japan...
USD/JPY sits at a key support as Japan’s trade deficit soars
The Japanese yen moved sideways after the country’s statistics agency published mixed economic data. The USD/JPY pair is trading at 115.50, where it has been in the past few days. Japan exports and in...
USD/JPY prediction after the Bank of Japan decision
The USD/JPY pair drifted upwards on Tuesday morning after the relatively hawkish statement by the Bank of Japan. It is trading at 114.75, which is higher than last week’s low of 113.50. Bank of Japan ...
USD/JPY steady after weak Japan household spending data
The USD/JPY price is hovering near its highest level since January 2017 after the latest Tokyo inflation and Japan household spending data. It is trading at 115.88, which is about 14% above the lowest...