[ad_1] 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
[ad_1] 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
[ad_1] 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
[ad_1] The USDJPY had a volatile down and up trading day with the full 100 pip move to the downside in the first half of the day, nearly fully retracted in the 2nd half of the day. The low price today moved to the 200-hour moving average and the picture set midpoint of the move
[ad_1] Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy A slight breather in the Treasury yields rally allowed Wall Street to turn in a positive session overnight, while VIX retraced for the second straight day after nearing its key psychological 20 level, which are generally looked upon
[ad_1] USD/JPY OUTLOOK: USD/JPY halts its advance near 11-month highs after breaching channel resistance earlier in the week. Despite some market hesitation, the U.S. dollar maintains a bullish outlook. Absent FX intervention by the Japanese government, the pair may soon break above the 150.00 level and head higher. This article looks at key USD/JPY’s technical
[ad_1] To kickstart your trading day in the Forex on September 27, 2023, I take a look at the EURUSD, USDJPY, and GBPUSD from a technical perspective: EURUSD: The EURUSD yesterday and today tested the low swing area (between 1.04846 and 1.05335) and found willing buyers each time. The price did move above the high
[ad_1] US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: EUR/USD is testing key support, while GBP/USD has fallen under a vital floor. AUD/USD is back at the lower end of the recent range; USD/JPY eyes psychological 150.. What’s next for EUR/USD, GBP/USD, AUD/USD, and USD/JPY? Recommended by Manish Jaradi Improve your trading
[ad_1] JAPANESE YEN PRICE, CHARTS AND ANALYSIS: Most Read: USD/CAD Price Forecast: USD/CAD Breaks 5-day Range Despite Resumption of WTI Rally Ever wondered what traits make a trader successful? Look no further and get professional insights in the complementary guide below. Recommended by Zain Vawda Traits of Successful Traders YEN FUNDAMENTAL BACKDROP The Bank of
[ad_1] Share: USD/JPY has broken above the 149 level. Economists at MUFG Bank analyze Yen’s outlook. Opposition to currency weakness remains firm We continue to see a high chance of intervention but only after a break above the 150 level when there is a higher chance of stops fuelling volatility and ‘disorderly’ price
