JPY
JPY
13
Nov

GBP/JPY holds steady above 203.00, remains close to two-week high ahead of UK data dump

The GBP/JPY cross edges lower during the Asian session on Thursday and moves further away from an over two-week high, around the 203.55-203.60 region, touched the previous day. Spot prices, however, lack follow-through selling and recover a few pips from sub-203.00 levels, or the daily low. The Japanese Yen (JPY) attracts some buyers following Bank […]

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12
Nov

USD/JPY Highest Since February 2025

The USD/JPY pair reached its highest levels since February 2025 today, approaching the psychological threshold of 155, driven by the fundamental conflict between the new Prime Minister Sanae Takaichi and the Bank of Japan. Takaichi, known as a proponent of expansionary fiscal policy and monetary easing in the spirit of Abenomics, is clearly signalling that […]

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12
Nov

Japanese Yen remains depressed amid BoJ rate hike caution, risk-on impulse

The Japanese Yen (JPY) attracts fresh sellers following the previous day’s two-way directionless price moved and drifts back closer to the lowest level since February 13, touched against its American counterpart the previous day. The Bank of Japan (BoJ) has been reluctant to commit to further interest rate hikes on the back of Japan’s Prime […]

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11
Nov

Yen Approaches 9-Month Low

The Japanese yen depreciated toward 154.5 per dollar on Tuesday, nearing nine-month lows as optimism over a potential US government reopening reduced safe-haven demand. Japan’s economic revitalization minister, Minoru Kiuchi, warned that the weaker yen could push up consumer prices through higher import costs, calling for close monitoring. A draft of Prime Minister Sanae Takaichi’s […]

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10
Nov

Yen Weakens on Stimulus Expectations

The Japanese yen depreciated toward 154 per dollar on Monday, nearing nine-month lows amid expectations that the new administration will push for a massive stimulus package and support accommodative monetary policy. A draft outline of the plan indicated that Prime Minister Sanae Takaichi’s government will urge the central bank to prioritize strong economic growth alongside […]

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07
Nov

EUR/JPY loses traction to near 176.50 despite ECB’s cautious stance

The EUR/JPY cross loses ground around 176.60 during the Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar on minutes of the Bank of Japan’s (BoJ) September policy meeting and verbal intervention from Japanese officials. Minutes from the Bank of Japan’s (BoJ) September meeting revealed on Wednesday that an increasing number […]

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07
Nov

Japanese Yen consolidates as BoJ rate hike uncertainty persist after weak data

The Japanese Yen (JPY) is seen consolidating the previous day’s strong gains against its American counterpart and oscillating in a range during the Asian session on Friday amid mixed cues. Against the backdrop of Japan’s new Prime Minister Sanae Takaichi’s pro-stimulus stance, the disappointing release of Japan’s Household Spending data fueled speculations that the Bank […]

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06
Nov

Yen Rises Amid Firm Wage Data

The Japanese yen strengthened past 154 per dollar on Thursday, recovering from the previous session’s losses as steady wage growth reinforced expectations that the Bank of Japan will stay on its tightening path. Nominal wages rose 1.9% in September, up from a 1.5% gain in August, supported by stable base pay and a modest rise […]

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04
Nov

Trade of The Day – USD/JPY

Facts: Recommendation: LONG position on USDJPY at market price. USDJPY (D1) Source: xStation5Opinion: There remains a significant discrepancy between interest rate levels in Japan and the USA, which will support the strength of the dollar against the Japanese yen. The structure of the EMA averages also favors the dollar, particularly the crossing of the EMA100 […]

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04
Nov

Yen Rises on Finance Minister Remarks

The Japanese yen strengthened past 154 per dollar on Tuesday, rebounding slightly from nine-month lows after Finance Minister Satsuki Katayama reiterated that authorities are monitoring rising volatility in foreign exchange markets with a strong sense of urgency, warning against sharp, one-sided currency moves. In March, Katayama had suggested the yen’s fair value was around 120–130 […]

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