© Reuters. In recent currency market movements, the US dollar has softened, touching its lowest point for November. The Bloomberg Dollar Spot Index (BBDXY), which tracks the greenback against a basket of other major currencies, has descended to a nadir for the month. The Japanese yen, on the other hand, has seen appreciation amid market
Yomiuri (Japanese medi) with the report that Japan’s top business lobby, Keidanren, will discuss the potential negative impact of the yen’s weakness on the economy at its meeting next month, on December 4. Keidanren is comprised of major companies including big automakers and electronics firms. These have, in the past, favoured a weak yen and
© Reuters. In Asian trading hours today, the British pound reached its highest level against the Japanese yen in over a week, only to later give up some of those gains. The pair, which had climbed to near 187.65, retreated to approximately 187.25. This fluctuation came as investors reacted to expectations of a shift in
Japanese Yen (JPY) Analysis and Charts • USDJPY retreat has slowed into the Thanksgiving Break • Latest Fed Minutes were seen as hawkish • Japanese inflation numbers come as BoJ policy is in focus Recommended by David Cottle Get Your Free JPY Forecast The Japanese Yen was very modestly higher against the United States Dollar
Japanese Yen Analysis Japanese Yen backs away from supposed intervention trigger after renewed strength USD/JPY breaks beneath a dynamic level of prior support Japanese yen is most heavily shorted since at least 2020, posing risk of a short squeeze The analysis in this article makes use of chart patterns and key support and resistance levels.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar posted its second-steepest weekly decline versus other major currencies this year on Friday, while the yen strengthened sharply, and the dollar traded
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
USD/JPY ANALYSIS Key Japanese officials reiterated cautious approach. Japan’s inflation report will be the focal point for the pair next week. 50-day MA break could spark USD/JPY decline. Elevate your trading skills and gain a competitive edge. Get your hands on the JAPANESE YEN Q4 outlook today for exclusive insights into key market catalysts that
USD/JPY News and Analysis Broad Japanese Yen strength observed late on Friday as BoJ and currency officials address FX intervention and monetary policy, respectively USD/JPY heads back below 150 but major currencies still on track for another weekly gain vs JPY Japanese government bond yields ease in sympathy with the US, global trend The analysis
