Stock Market News
USDJPY - Rabobank US Dollar To Yen Forecast: USD/JPY Could Fall To 155 Despite 160 Test
The US Dollar to Yen (USD/JPY) exchange rate remains close to multi-decade highs and is trading around 159.90 after repeatedly testing the 160 level over recent weeks. Rabobank expects the Japanese ...
USD/JPY Price Forecast: Sits near one-month high, below 160.00 intervention threshold
The USD/JPY pair extends its sideways consolidative price move through the first half of the European session on Tuesday and currently trades around the 159.70-159.75 region, or over a one-month top.
USD/JPY Price Forecast: Yen languishes amid growing BoJ rate hike uncertainty
The USD/JPY pair trades 0.12% higher at around 159.45 during the early European trading session on Monday. The pair gains as the Japanese Yen (JPY) broadly underperforms amid uncertainty regarding ...
USD/JPY rising wedge at the 2024 high: The setup anchoring this week's currency thesis
USD/JPY is coiling into a rising wedge directly under 161.95 - the highest zone the pair has traded in since 1986. The setup isn't pointing to a uniform dollar-weak trade. It's pointing to rotation: ...
USD/JPY: Largest quarterly intervention since 2004
The BoJ undertook JPY11.7tr of FX intervention in April and May. That's the most aggressive intervention in a quarter since 2004 ...
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