USD/JPY: Price Range Between 155.00 and 151.00

USD/JPY: Price Range Between 155.00 and 151.00 Current Trend Due to the strengthening of the U.S. dollar, the USD/JPY pair is currently in an uptrend, adjusting at 154.83. Despite Japan’s stable economic indicators, the inauguration of U.S. President-elect Donald Trump has led to a worsening international trade environment, limiting Japan’s shift towards a more hawkish […]

USD/JPY Rally Pauses, Adjusts Ahead of Weekend Events

USD/JPY Rally Pauses, Adjusts Ahead of Weekend Events Since the start of October, USD/JPY has been rising rapidly, maintaining momentum this week and breaking above 153 yen. It has gained over 10 yen from the late-September low of 141.65 yen in about a month. Drivers Behind Dollar Strength and Yen Weakness Dollar Strength: Strong U.S. […]

US Dollar/Japanese Yen (USD/JPY): Pair Updates Local Highs

US Dollar/Japanese Yen (USD/JPY): Pair Updates Local Highs Current Trend The USD/JPY pair continues to show a weak upward momentum formed at the end of last week, with a slight increase. It is currently attempting to break above 149.30, aiming to update the highs from early August. However, market activity is subdued due to Columbus […]

USD/JPY: Triangle Pattern Developing, Downward Correction Underway

USD/JPY: Triangle Pattern Developing, Downward Correction Underway Current Trend The USD/JPY pair is undergoing a corrective decline at 142.37. Supported by macroeconomic statistics, the yen is regaining strength. In July, total wages increased by 3.6%, exceeding the forecast of 3.0%, but overtime pay decreased from 0.90% to -0.10%. The positive wage movement is one of […]

End-of-Month Market Volatility: Awaiting Key Events

End-of-Month Market Volatility: Awaiting Key Events This week, with the month-end approaching, the market has been unstable and directionless. Following Powell’s remarks last weekend, there has been a continuation of dollar selling, but at the start of the week in Tokyo, USD/JPY fell to 143.45 before showing signs of stabilizing. Additionally, oil prices briefly rose […]