The Japanese Yen fell to a two decade low by the mid-week session as USD/JPY probed above a major level of long-term technical resistance around 2015 highs on the charts but could be at risk of deeper declines in the months ahead if the nascent strength in Dollar exchange rates persists.

April 13,2022

The Japanese Yen tumbled during the final session of the week when the Dollar rose sharply alongside interest rate differentials and as stock markets advanced broadly amid an evident improvement in investor risk appetite, leading some to reset their sights on the 125 level of USD/JPY.

April 1,2022

The Japanese Yen has fallen heavily amid a growing gulf between monetary policies at the Bank of Japan (BoJ) and Federal Reserve (Fed) but USD/JPY could rise further still during the months ahead, according to Mizuho’s FX sales desk, with implications for GBP/JPY.

March 29,2022

The Yen rebounded strongly from multi-year lows ahead of the weekend but with some recent sellers looking to book profits closer to the oft-cited ‘Kuroda line’ near 125 in USD/JPY.

March 25,2022