The bullish trend on the USD/JPY remains intact, and this was again evidenced yesterday with rates bouncing strongly off the 21-day exponential moving average and the subsequent follow-up buying pressure today.
November 20,2024
The Dollar-Yen exchange rate has pulled back amidst a broader easing in the U.S. Dollar and increased talk of intervention in the FX markets by Japanese authorities.
October 25,2024
The Japanese Yen was under pressure after the Japanese Prime Minister cooled expectations for further interest rate hikes.
October 2,2024
The Dollar's recovery against the Yen could extend as month-end and quarter-end flows give it a fresh impetus.
September 25,2024
The Japanese Yen is in the red after the Bank of Japan (BoJ) appeared to waver on its commitment to raise interest rates further.
September 20,2024
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