The narrowing of the US-Japan rate differential drives flows toward the lower-yielding JPY.
The Japanese Yen attracts some buyers on Tuesday, though it lacks follow-through.
The USD/JPY pair has also dropped below the 50-day and 100-day Weighted Moving Averages (EMA). These two lines are about to cross each other, which is a bearish confirmation view. The Relative ...
Recession fears and BoJ rate hike expectations sent USD/JPY tumbling 1.71% last week, falling to the lowest level since the 2024 Yen carry trade unwind. The pair briefly climbed to a high of 151. ...
Sky News Business Reporter Edward Boyd says it’s a “good time to go to Japan” as the Australian dollar lifts above 100 Japanese Yen. “The Yen has been declining over the past three years ...
On Monday, March 31, retail sales and industrial production draw market focus to the USD/JPY and the Bank of Japan. Economists forecast retail sales to rise 2% year-on-year in February ...