The Japanese Yen (JPY) attracts some intraday sellers on Thursday after the Bank of Japan (BoJ) decided to maintain the status quo, though it lacks follow-through. Traders seem reluctant to place aggressive bets and opt to wait for more cues about a rate hike in December or early next year amid expectations that Japan’s new […]
JPY
JPY
JPY
29
Oct
Oct
EUR/JPY returns above 177.00, Yen eases ahead of the BoJ’s decision
The Euro reversal from Monday’s highs at 178.23 against the Japanese Yen has been halted at the 176.65 area on Wednesday’s Early European session, and the pair bounced back to levels above 177.30 at the time of writing, which keeps the pair’s broader bullish trend intact. The Yen is trimming previous gains on Wednesday, with most […]
29
Oct
Oct
AUD/JPY gathers strength above 100.00 on hot Australian CPI inflation data
The AUD/JPY cross trades in positive territory near 100.30 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) on the hotter-than-expected Australian inflation data. The Bank of Japan (BoJ) interest rate decision will take center stage later on Thursday. Data released by the Australian Bureau of Statistics […]
29
Oct
Oct
Japanese Yen retreats from one-week high against USD; focus remains on Fed/BoJ decisios
The Japanese Yen (JPY) attracts strong follow-through buyers for the second straight day and climbs to a one-week high against a softer US Dollar (USD) during the Asian session on Wednesday. Comments from Japan’s Economics Minister Minoru Kiuchi on Tuesday fueled speculations about a possible government intervention to stem further JPY weakness. Moreover, the outcome […]
28
Oct
Oct
AUD/JPY Price Forecast: Crucial upside barrier emerges near 100.00
The AUD/JPY cross slumps to around 99.55 during the early European session on Tuesday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi on Tuesday signed a framework for securing the supply of critical minerals and rare earths. The Australian Consumer Price […]
28
Oct
Oct
GBP/JPY slides below 203.00 as JPY gains strong traction on intervention speculation
The GBP/JPY cross attracts some selling during the Asian session on Tuesday and for now, seems to have snapped a three-day winning streak to the 204.25 region, or a nearly three-week high touched the previous day. Spot prices slide below the 203.00 mark in the last hour and seem vulnerable amid a goodish pickup in […]
28
Oct
Oct
EUR/JPY weakens to near 177.50 as US, Japan sign deal to secure rare earths supply
The EUR/JPY cross loses ground to near 177.60, snapping the five-day winning streak during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) after US President Donald Trump and Japan’s Prime Minister Sanae Takaichi signed a framework for securing the supply of critical minerals and rare earths. The Bank of Japan […]
28
Oct
Oct
Japanese Yen sticks to gains amid intervention fears, ahead of Fed/BoJ rate decisions
The Japanese Yen (JPY) strengthens across the board during the Asian session on Tuesday as comments from Japan’s Economics Minister Minoru Kiuchi fueled speculations about a possible government intervention to stem further falls in the domestic currency. This, along with some repositioning trade ahead of the crucial Federal Reserve (Fed) and the Bank of Japan (BoJ) rate […]
Learn to Trade
Merchant Services
Currency Risk Management
