USD/JPY: Yen Edges Higher on Inflation Figures But Near-Term Action Still Directionless
The USDJPY dipped after Tokyo core inflation rose above expectations in January, increasing pressure on […]
USD/JPY Dips as Tokyo Core CPI Rises
The Japanese yen is in positive territory on Friday. In the European session, USD/JPY is […]
GBPJPY Consolidates as Latest Rebound Falters
GBPJPY has been trending downwards after recording a fresh seven-year high of 172.10 in early November. […]
EUR/JPY Looks to Breakout
The Japanese yen strengthened after Tokyo CPI beat expectations. On the daily chart, the pair […]
Order Driven/Technical Trade Going into the Weekend
Markets US and European yields yesterday continued the bottoming out process that started earlier this […]
Pressure on BOJ Grows
Market movers today In the US, household spending probably declined in December, with high-frequency indicators […]
USD/JPY Aims Fresh Increase If It Clears This Resistance
Key Highlights USD/JPY started a recovery wave above the 129.50 resistance. A key bullish trend […]
Busy Japanese Calendar Next Week, But Yen’s Performance in the Hands of the Fed
Amidst the most important week yet in 2023, we get a plethora of Japanese data. […]
Is the USD/JPY Bearish Move Becoming ‘Long’ in the Tooth?
Inflation in Tokyo rose 4.4% y/y in January, its highest level since 1981. And as […]
Will USDJPY Slide Lower in 2023?
Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, […]
Japanese Yen Steady ahead of Tokyo CPI
Tokyo CPI expected to rise Inflation has been on the rise in Japan and the […]
USDJPY trapped within bearish area; support at 129
USDJPY faced another rejection at the topline of the four-month-old downward-sloping channel near 131.11, increasing speculation […]