At the beginning of the week, there is a prevailing yen strength, while U.S. monetary officials enter the blackout period.
The start of the week sees a prevailing yen strength in the market. Currently, both the USD/JPY and cross-yen pairs have paused their declines, but there is no apparent upward momentum. In the speech by Federal Reserve Chairman Powell last week, he maintained a generally hawkish stance, cautioning against the previous calls for rate cuts, […]
“Dollar/Yen Around 152 Yen Level Is Key, Intervention in Focus – Today’s Focus on US ADP Employment Data”
The forex market, including the USD/JPY pair, is showing a widespread move towards yen depreciation. This comes as no surprise, given the recent Bank of Japan (BoJ) decision to enhance Yield Curve Control (YCC), Governor Ueda’s press conference, and the fact that there has been zero intervention in the forex market between September 27 and […]
Strong US Jobs Data Led to USD/JPY Hitting 150 Yen, But Was It Thwarted?
This week is filled with various US employment-related indicators, with Friday’s employment data leading the way. Yesterday’s US Job Openings and Labor Turnover Survey (JOLTS) showed a surprisingly significant increase, driving up US bond yields and pushing USD/JPY above the significant 150 yen level. However, right after that, it rapidly dropped to the upper 147 […]
Crude Oil Prices Surge and Rising US Bond Yields Provide Support for a Stronger Dollar, but the Market Appears to Be on a Solo Path
This week, the trend of a stronger US dollar continues. USD/JPY briefly rose to the high 149 yen range, and it is now approaching the key level of 150 yen. Meanwhile, EUR/USD temporarily dipped into the 1.04 range, and GBP/USD is getting close to breaking below the 1.21 level. Several factors have been cited as […]
Continued Strength in the US Dollar: Expectations of Further Rate Hikes in the US, While the UK and Europe Show Signs of Holding Rates
This week, the US dollar continues to strengthen. Alongside rising US bond yields, the US dollar has steadily increased its value against various currencies. The USD/JPY pair has surpassed 149, while EUR/USD has softened to the 1.05 range, and GBP/USD has entered the 1.21 range. Following a series of policy announcements by central banks […]
USD/JPY: Added to the short position at 147.90 (This is Only half of our entries and 5mins late)
This post is Half of all our entry and 5 mins late. If you want the full signal (entry and close info with Real time), please check Forex Top Team VIP signal ↓ VIP SIGNAL USD/JPY: Added to the short position at 147.90 with the same stop loss at 148.32.
USD/JPY Continues to Rise, Reacts to Strong US Economic Data
USD/JPY has temporarily risen to the upper 146 yen range. It continues to make significant gains, surpassing major levels day by day. However, the movement hasn’t been characterized by sharp surges, as the timing of potential government or Bank of Japan interventions remains uncertain. The widening interest rate differential between the US and Japan is […]
The USD buying response strengthens as the US PCE deflator and durable goods orders exceed expectations, pushing USD/JPY back to the 140 yen range.
Following a series of strong US economic indicators, the US dollar has surged along with rising US bond yields. The April US PCE deflator rose to +4.4% year-on-year, surpassing the previous +4.2% reading. The core deflator also increased to +4.7% year-on-year from the previous +4.6%. Both figures exceeded market expectations. Additionally, April’s durable goods orders […]
7th in October 2022, Today’s options
EUR/USD 0.9800 2.07 billion 1.0100 1.97 billion 0.9900 1.52 billion USD/JPY 143.00 425 million 143.50 380 million GBP/USD 1.0800 873 million 1.0923 668.5 million 1.1300 584.9 million EUR/GBP 0.8700 1.09 billion 0.8990 1.03 billion USD/CAD 1.3885 900 million NZD/USD 0.5785 408 million The options that are likely to be involved in today’s price […]