The USD/JPY exchange rate suffered its first daily decline in more than a week on Thursday, leading analyst Richard Perry at Hantec Markets to question just how far the near term rally can go.

October 1,2020

Foreign exchange rates

The Dollar-Yen exchange rate is at 105.59 in mid-week trade having risen for seven days in succession now. A risk-off mood following the U.S. Presidential debate could however end the Yen's winning run says analyst Richard Perry of Hantec Markets.

September 30,2020

Yen

The Dollar-Yen exchange rate has rallied for six days in succession now, underpinning a mildly constructive view of the pair held by analyst Richard Perry at Hantec Markets who says 105.70 will now act as a point of resistance.

September 29,2020

Dollar Yen

The Dollar-Yen exchange rate is seen at 105.33 on Monday having moved higher by a percent last week. Analyst Richard Perry of Hantec Markets says the trend higher can be sustained if support in the band 105.10/105.20 holds out.

September 28,2020

Dollar to Yen

A significant shift in sentiment on the Dollar-Yen exchange rate means further gains are likely in the short-term according to Richard Perry of Hantec Markets.

September 25,2020

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