Outlook for the Overseas Markets: Lack of Catalysts, Will the Decline in USD/JPY Stabilize?
The overseas markets at the beginning of the week lack notable catalysts. There are no major economic indicators scheduled for release in major countries, with only some announcements such as Turkey’s employment statistics for January and Norway’s Consumer Price Index (CPI) for February expected in the early London session. Tomorrow, the focus will be on […]
USD/JPY (US Dollar/Japanese Yen) Strong Sell, Featured Currency and Technical Analysis (15-minute chart) February 29, 2024
EUR/USD (Euro/US Dollar) Buy The Euro/US Dollar pair shows ambiguous trading dynamics near 1.0830, with low market activity as traders await the release of inflation statistics that may influence the timing of interest rate reduction programs by the US Federal Reserve and the European Central Bank (ECB). Tomorrow, final inflation statistics for the Eurozone are […]
USD/JPY (US Dollar/Japanese Yen) – Buy, Focus Currency and Technical Analysis (15-Minute Chart) February 28, 2024:
USD/JPY pair has shown a slight uptrend during the Asian session, testing the breakout at 150.60, recovering from the low on February 22. Traders are awaiting the release of major US economic statistics today. EUR/USD (Euro/US Dollar) – Strong Sell: The EUR/USD pair is experiencing a slight decline, extending the correction momentum from the […]
USD/JPY (US Dollar/Japanese Yen) Sell, Featured Currencies and Technical Analysis (15-minute chart) February 27, 2024
EUR/USD (Euro/US Dollar) Strong Sell The Euro/US Dollar pair shows slight gains, developing the short-term upward trend that began to form two weeks ago. In the US, data on the Personal Consumption Expenditures Price Index, which is actively used in calculating average inflation, will be released this week. In the Eurozone, focus will be […]
USD/JPY (US Dollar/Japanese Yen) – Strong Buy Focus on Currency and Technical Analysis (1-hour chart) as of February 23, 2024
EUR/USD (Euro/US Dollar) – Buy Overview: The EUR/USD pair is showing mixed trends around 1.0830, indicating a moderate rise as the weekend approaches. Investors are closely watching macroeconomic statistics from the EU, which could significantly impact the future direction of the exchange rate. German GDP data and the IFO economic indicators are of […]
Amidst the fervor of the Nikkei hitting a record high, the USD/JPY exchange rate remained stagnant around 150 yen, trading in the range of 150.21 to 150.46. It seems trapped at familiar levels, despite the bullish sentiment in the stock market.
Amidst the fervor of the Nikkei hitting a record high, the USD/JPY exchange rate remained stagnant around 150 yen, trading in the range of 150.21 to 150.46. It seems trapped at familiar levels, despite the bullish sentiment in the stock market. Meanwhile, observing the Dollar Index, a downward trend seems to be gradually emerging. This […]
Focus on the Movement of USD/JPY, Targeting 150 Yen?
This week has seen a mix of dollar strength and yen weakness. Dollar strength was underpinned by the surprising strength in the US employment data at the end of last week, coupled with Federal Reserve Chairman Powell’s denial of the possibility of a rate cut in March. However, the rapid pace of dollar appreciation has […]
29th in January 2024, Today’s Options
EUR/USD: 1.0750: 629 million 1.0800: 632 million 1.0840: 400 million 1.0850: 452 million 1.0900: 1 billion 1.0910: 395 million 1.0990: 854 million GBP/USD: 1.2700: 672 million USD/JPY: 146.75: 420 million 148.50: 449 million USD/CHF: 0.8750: 1.4 billion USD/CAD: 1.3450: 400 million Options that may affect today’s price movements: EUR/USD: 1.0900: 1 billion USD/CHF: 0.8750: […]
Excessive Expectations for Yen Strength Have Slightly Receded
The Bank of Japan’s monetary policy meeting maintained its accommodative stance as expected for domestic participants. However, there was some anticipation, primarily among foreign participants, that there might be hints of moving away from negative interest rates, specifically the expectation that there could be the removal of certain expressions without hesitation. Due to this, there […]
The risk of a downside move in USD/JPY is being closely watched. The pair has been trading around the mid-147 yen level in Tokyo, with a slightly heavy tone, and briefly touched the 146.10 yen range.
The risk of a downside move in USD/JPY is being closely watched. The pair has been trading around the mid-147 yen level in Tokyo, with a slightly heavy tone, and briefly touched the 146.10 yen range. Amidst a decline in Asian stocks, with the Nikkei 225 closing down by 587 points and the Hang Seng […]