Range-Bound USD/JPY Amid Middle East Risks and Intervention Concerns

Range-Bound USD/JPY Amid Middle East Risks and Intervention Concerns ■ Today’s Market Summary USD/JPY continues to be driven by: • Middle East tensions → Safe-haven dollar buying • Intervention concerns → Limited upside → As a result, price action remains difficult in both directions. Iran’s proposal is viewed as difficult for the U.S. to accept, […]

🗞️ Lunar New Year Holiday & U.S. Market Closure — Watching the BOJ Meeting

🗞️ Lunar New Year Holiday & U.S. Market Closure — Watching the BOJ Meeting 🎯 Today’s Theme Monitoring the content of the meeting betweenPrime Minister Sanae Takaichi and BOJ Governor Kazuo Ueda,while trading under reduced liquidity conditions. Today: 🇨🇳 China: Lunar New Year holiday begins🇺🇸 United States: Presidents’ Day (equity and bond markets closed) With major markets shut […]

Political Market Continues to Drive USD/JPY – Conditions Remain Highly Fluid

Political Market Continues to Drive USD/JPY – Conditions Remain Highly Fluid The USD/JPY market remains firmly in a “political-driven” phase.Yesterday, the pair surged close to 160 before reversing sharply and falling back into the low-158s. The initial yen weakness was triggered by expectations surrounding Prime Minister Takaichi’s plan to dissolve the Lower House.With her strong […]

📘 BOJ Governor Ueda’s Press Conference Concluded, Yen Weakness Accelerates Further

📘 BOJ Governor Ueda’s Press Conference Concluded, Yen Weakness Accelerates Further — Dovish Undertone Lingers After Rate Hike, Fueling Yen Selling on “Buy the Fact + Disappointment” — ■ Market Summary BOJ rate hike and press conference pass without incident, triggering renewed yen selling At today’s Bank of Japan Monetary Policy Meeting, the BOJ raised […]

📘 BOJ Rate-Hike Speculation Drives Yen Strength, But London Short-Covering Pauses the Decline

📘 BOJ Rate-Hike Speculation Drives Yen Strength, But London Short-Covering Pauses the Decline Markets Enter “Wait-and-See Mode” Ahead of FOMC, PCE and North American Data ■ 1. Tokyo Session: BOJ December Hike Speculation Remains the Dominant Theme On Monday afternoon, Reuters reported—citing government sources—that: “The BOJ is highly likely to raise rates in December, and […]

📘 BoJ December Rate-Hike Bets Strengthen Further — USD/JPY Maintains Downward Bias

📘 BoJ December Rate-Hike Bets Strengthen Further — USD/JPY Maintains Downward Bias Focus shifts from “whether the BoJ hikes” to “how global markets and US data will react” 1|BoJ December rate-hike expectations surge, but the move is largely priced in In the Tokyo afternoon session, Reuters reported: “The Bank of Japan is leaning toward a […]

💹 USD/JPY: Downside Risks Becoming Increasingly Clear

💹 USD/JPY: Downside Risks Becoming Increasingly Clear — Policy Expectations in Japan and the U.S. Reverse Simultaneously, Narrowing the Rate Differential** 1. USD/JPY: Diverging Policy Directions Increase Downside Pressure In today’s overseas session, the environment calls for heightened caution over further downside in USD/JPY. ■ BOJ: December Rate-Hike Expectations Surge Governor Ueda signaled a clear […]