USDJPY Keeps Pushing Higher: How Long It Can Go?
After a brief downturn, the USDJPY pair rebounded, potentially putting to the test the foreign exchange intervention threats from the Ministry of Finance (MoF) and Bank of Japan (BoJ), in addition to the 155 resistance level.
USDJPY Reached The 12 Years High: Is This A Time For A Rebound?
The yen reached its lowest level since 1990 on Wednesday, prior to exhibiting a modest recovery following a meeting of Japan's highest-ranking monetary officials to discuss the currency's sharp depreciation and signal their preparedness for intervention.
USDJPY Hovers At The Critical Resistance: A Breakout Knocks
The USDJPY pair is approaching critical resistance, demonstrating resilience in the face of the ambiguity accompanying a week-long data dump.
Can USDJPY Revisit 150.00 Level After The BOJ Policy Meeting?
The Bank of Japan maintained its present monetary policy stance, as was widely anticipated. Nonetheless, the market's current emphasis is on a more sanguine projection for wages and inflation.
Can FOMC Meeting Take The USDJPY Price At The 150.00 Level?
BoJ officials stated that the ongoing recovery of the US Dollar dampens investor optimism regarding the Bank of Japan's (BoJ) decision to end its ultra-loose policy following its December meeting.
USDJPY Formed A Falling Wedge Breakout
The USDJPY is witnessing additional declines on Monday, as the Japanese Yen (JPY) gains more than a full percentage point against the US Dollar. Having declined from the 150.00 level, the pair is positioned to fall towards the 148.50 psychological area.
Japanese Yen's Descent: New Lows and BoJ's Intervention Dilemma
Analyzing rising bond yields, shifting monetary policy, and global economic impact on USD/JPY.
USDJPY Closed Sideways Despite The Powell's Neutral Tone
After reaching a new weekly high of 149.96, the USDJPY reversed course, falling 0.13 percent in response to dovish remarks by US Federal Reserve Chair Jerome Powell.
Will the bull market continue with Japanese stocks at record highs?
The Japanese stock market has hit more than 30-year highs this year. On Friday, the Nikkei 225 rose 0.41% to a near-January high at the close in Tokyo, Japan. With Japanese stocks at record highs, can the bull market continue?
Why is Japan not worried about yen depreciation?
The Japanese government, business community and economists are not overly concerned about the state of the yen because Japan's GDP growth continues to perform very well, even exceeding expectations.
Fundamental Analysis of the USD/JPY Currency Pair
The USD/JPY currency pair represents the exchange rate between the United States dollar (USD) and the Japanese yen (JPY). It is one of the most actively traded currency pairs in the foreign exchange (forex) market.