Japanese yen news

Japanese Stock Market Roaring Ahead to Multi-Decade Highs; OPEC Announces Saudi Oil Production Cut; US Dollar Firm

The Japanese yen’s slide appears to be losing steam as US Federal Reserve rate hike expectations take a ‘U’-turn after dovish remarks from central bank officials. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

After some key activity data and the passage of the debt ceiling bill last week, markets could be in for a relatively quieter week on the data front. With the US Federal Reserve expected to pause hiking rates, inflation moderating in recent months, and US economic growth showing signs of resilience, optimism has been running high in equities.

Get the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 4th, 2022 here.

This week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.

The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week and in which direction, and not on the exact methods you might use to determine trade entries and exits.

A rather disappointing week on the whole as EURUSD in particular struggles for direction while the Euro lost further ground to both the GBP and JPY. Given the lack of catalysts ahead, is there any reason to expect the Euro to arrest its slump?

The British Pound has enjoyed a strong week against a range of currencies, propped up by expectations that UK interest rates are going to have to go even higher.

The GBP/JPY displayed an initial pullback during Thursday's trading session but swiftly regained momentum, indicating signs of strength.

The yen appears to be benefitting from the Fed’s recent comments favouring a “skip” at this month’s FOMC meeting. Levels for a bearish continuation analysed

The USD/JPY displayed a back-and-forth movement during Thursday's trading session, reflecting the ongoing noisy behavior in the market.

EUR/USD regains poise after bouncing off technical support near the 1.0640/1.0600 area. Meanwhile, USD/JPY extends its correction as USD/CAD carves out a bearish double-top formation.

For three consecutive trading sessions, the USD/JPY currency pair is exposed to profit-taking sales

The USD/JPY is trading near the 139.800 ratios as of this writing.

During Wednesday's trading session, the US dollar experienced a slight initial decline against the Japanese yen, following the recent upward pressure in the market.

The GBP/JPY experienced a significant decline against the Japanese yen during Wednesday's trading session, driven by uncertainties surrounding the Bank of Japan's monetary policy.

There are a couple of things that stand out on the charts of the Japanese yen against the US dollar and the closely correlated US Treasury yields recently. Importantly, what does it tell us about the future trend?

In recent technical analyses, amid a strong and sharp bullish momentum for the USD/JPY currency pair, it indicated that the technical indicators moved towards strong overbought levels.

The Japanese Yen held its ground today after the US Dollar reasserted itself with expectations for the debt ceiling to be approved today. Where to for USD/JPY?

During Tuesday's trading session, the US dollar experienced a pullback, possibly due to the pair's overstretched condition.

The British pound has displayed considerable volatility against the Japanese yen Tuesday, primarily due to the Bank of Japan's emergency meeting.

Japanese officials are closely watching how the Japanese Yen is moving in the FX market after USD/JPY hit a fresh six-month low.

For three trading sessions in a row, the bulls settle in the US dollar currency pair against the Japanese yen USD/JPY in the vicinity of the resistance level 140.91, its highest in six months

The GBP/JPY initially attempted to rally during Monday's trading session but encountered hesitation and gave back its gains.

The USD/JPY initially attempted to rally during Monday's trading session but encountered hesitation and gave back its gains.

Speculators lifted their bearish stance on the Japanese yen to the highest level in nearly a year as the currency extended its slide against the dollar as markets boosted

The USD/JPY began Friday's trading session with a decline but quickly found support, attracting eager traders looking to join the upward momentum.