The rout in the yen isn’t over on every front: NZD/JPY nears a 7-year high
NZDJPY Weekly Chart NZDJPY Weekly Chart NZD/JPY The weekly chart is one of the most interesting at the moment as it draws the September high. If it breaks, it will…
USDJPY PRICE ANALYSIS: PLUMMETS BELOW THE 100-DMA AND HITS A FRESH 2-MONTH LOW
USDJPY ends the week with losses of more than 5 percent. From a daily chart perspective, the downside of USDJPY is neutral if the key price is below the 100-day…
US dollar extends to fresh highs across the board
What will stop the dollar? A Fed pivot might but don’t hold your breath. Powell speaks in a few minutes but it’s a Fed Listens event and those are not…
USD/JPY: FOCUS NOW SHIFTS TO 140.00 – UOB
Further upside momentum could lift USD/JPY to the 140.00 region in the next weeks, commented FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. KEY QUOTES 24-hour view: “While…
FX option expiries for 14 July 10am New York cut
Just a couple to take note of, as highlighted in bold. The first being for USD/JPY at 139.00 as we see buyers look to push for a larger breakout towards the…
Japan Chief Cabinet Sec urges attention be paid to inflation causing lower spending power
Adding to comments from Suzuki earlier: Japan fin min Suzuki says rapid yen weakening has been seen recently Japan’s Chief Cabinet Sec. Matsuno adds: the downside risk of inflation on…
FX option expiries for 12 July 10am New York cut
There’s just one notable expiry on the board for today, as highlighted in bold. That being for USD/JPY at 137.60, though the level doesn’t really offer up too much technical significance.…
USD/JPY Technical Analysis: Strong USD with Expectations of Rate Hike
Federal Reserve officials became more determined last month to keep raising US interest rates for longer to prevent rising inflation from becoming entrenched, even if it slows the US economy. Policymakers…