Share: USD/JPY ascends to 149.50, rebounding from lows, driven by a US jobs report that eclipsed market expectations. Despite a surge, USD/JPY retraces slightly, settling around 149.20, with US 10-year note yielding at a sturdy 4.780%. Japanese officials express concerns over Yen volatility, while a rise in the 10-year JGB coupon hints at
Japanese Yen (USD/JPY) Prices, Charts, and Analysis USD/JPY remain close to 150.00 despite BoJ warnings. US Jobs Report may help or hinder the Japanese central bank. Download our Brand New Q4 Japanese Yen Forecast for Free Recommended by Nick Cawley Get Your Free JPY Forecast The US Jobs Report (NFP) is a closely watched monthly
In recent days, Goldman Sachs has been closely observing the erratic behavior of the currency pair, which has been characterized by abrupt fluctuations. The Japanese Yen (JPY) has been steadily depreciating against the US Dollar (USD) since the end of July, a trend that took a sudden turn on Tuesday when the pair spiked near
US Dollar Vs Euro, British Pound, Japanese Yen – Price Setups: Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Developments on the technical charts indicate that the US dollar’s rally is beginning to show tentative signs of fatigue, pointing to a minor pause in the near term. However, there are no signs
USD/JPY FORECAST: USD/JPY stabilizes after Tuesday’s pullback triggered by possible FX intervention by the Japanese government. The pair maintains a constructive outlook in the near term. This article looks at USD/JPY’s pivotal technical levels worth watching this week. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the
Market Recap The significant upside surprise in US job opening numbers for August (9.61 million vs 8.8 million expected) prompted another negative session in Wall Street overnight, with a resilient labour market deemed to be providing more room for the Federal Reserve (Fed) to keep rates high for longer. US Treasury yields continued with their
Number of traders net-short has increased by 0.38% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI USD/JPY BULLISH 12.43% 87.57% -40.95% Daily -41.87% Weekly -4.01% Daily 0.38% Weekly -10.94% Daily -7.94% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
USD/JPY OUTLOOK: USD/JPY briefly breaks above 150.00, but then pulls back sharply on signs that the Japanese government has stepped in to support the yen in currency markets. Any FX intervention measures will not be enough to support the yen on a sustained basis. As long as the underlying fundamentals do not change, the USD/JPY
USDJPY moved noticeably higher in Monday’s trading [02/10], gaining +0.27% continuing its recent uptrend and inching closer to the psychological level of 150. The JPN225 recovered at the same time, taking back the 32000 mark. Investors’ enthusiastic reaction to the upbeat quarterly Tankan survey results, masking the less encouraging Manufacturing PMI data, was probably responsible
USD/JPY News and Analysis BoJ Minutes Discuss Concerns Around Inevitable Policy Change In the early hours of this morning the BoJ minutes were released wherein a discussion about an exit from negative interest rates took place. One board member raised concerns from a risk management point of view with respect to the major policy change,
