Article written by Axel Rudolph, Senior Market Analyst at IG USD/JPY puts pressure on its 10-month high There is no stopping USD/JPY’s advance as the US dollar is on track for its tenth consecutive week of gains amid the Federal Reserve’s (Fed) hawkish pause while the Bank of Japan (BOJ) rigorously holds onto its dovish
US Dollar, Japanese Yen, USD/JPY, Bank of Japan – Talking Points: BOJ kept negative rates on hold. JGB 10-year yield target and band maintained. What is the outlook for USD/JPY and what are the signposts to watch? Recommended by Manish Jaradi How to Trade USD/JPY The Japanese yen tumbled against the US dollar after the
JAPANESE YEN – USD/JPY OUTLOOK Bank of Japan’s decision on Friday will steal the limelight. BoJ is expected to stand pat on monetary policy, but could subtly signal that a change in strategy in looming on the horizon. This article looks at key USD/JPY levels to watch in the coming days Trade Smarter – Sign
Share: The Bank of Japan (BoJ) will hold its Monetary Policy Committee (MPC) meeting on Friday, September 22 and as we get closer to the Interest Rate Decision, here are the expectations forecast by the economists and researchers of eight major banks. No change is expected, especially after reports emerged last week that
Japanese Yen, USD/JPY, Technical Analysis, Retail Trader Positioning – IGCS Update Recommended by Daniel Dubrovsky Get Your Free JPY Forecast The Japanese Yen weakened against the US Dollar in the aftermath of the Federal Reserve interest rate decision, where Chair Jerome Powell alluded to a ‘higher for longer’ monetary policy approach. In response, retail traders
Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter AUD/USD TECHNICAL ANALYSIS AUD/USD retreated on Wednesday, dragged down by the Fed’s hawkish monetary policy outlook, but continued to carve out a double bottom, a reversal technical formation typically symptomatic of a waning
JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Most Read: FOMC Preview: Hawkish Pause to Reignite the Dollar Index (DXY) Rally? Download a Free Complimentary Guide for Beginner Traders Below. Recommended by Zain Vawda Forex for Beginners YEN FUNDAMENTAL BACKDROP The Japanese Yen continues to hover near its YTD lows against counterparts such as the US Dollar,
Hello Traders, we had a trade on USDJPY on H1 time-frame that today 20 September 23 the market already moved +4000 Points! In this trade we looked first at green candles from Italo Trend showing that the market is going to trend. The last confirmation of the trend trade were the neon green line of Italo Volume
It is FOMC day with the expectation for no change in policy by the US central bank. The focus will be on the details of the dot plot and central tendencies along with the statement in the Q&A from Chair Powell. Traders can have their bias, but with the Fed thought to be a crossroads
USD/JPY TECHNICAL ANALYSIS USD/JPY took a quick plunge early last week, but found solid footing just above technical support at 146.00. This resilience led to a swift recovery in subsequent trading sessions, with the pair steadily trekking upwards in recent days, seemingly intent on challenging channel resistance located around the psychological 148.00 level. Throughout this
