Japanese yen

Japan’s Inflation Accelerates as Exports and PMI Point to Emerging Recovery

Japanese data shows inflationary pressures are firm and that exports remain resilient despite tariffs. An upbeat flash purchasing manager’s index suggests the economy is on the recovery path. While these outcomes favour a Bank of Japan rate hike in December, government pressure to keep policy loose might delay a move until next year

GBPJPY Technical Outlook: Bulls Struggle Below 200 as BoJ Hawkish Tone Emerges

GBPJPY is one of the most volatile FX pair available to trade including only major currencies – Yet, it's been stuck in a huge range since August 2024.

As explained in our previous article on this currency pair, a continuous uptrend from 2020 lows (127.30!) to July 2024 highs (208.12) has been met with a sharp correction as carry trades saw a consequent slowdown amid a sudden market-breakdown which suddenly saw yen rebuying speed up.

FX Outlook: Softer US Data Fuels Dollar Weakness and Carry Trade Demand

After a couple of months of stability, we look for the dollar bear trend to resume into year-end. EUR/USD should be trading up at 1.20 by that stage after three Fed rate cuts. Even though valuations look stretched in equity and credit markets, we still prefer a benign decline in the dollar and a supported environment for risk assets and activity currencies

Global Markets React to Fed Turmoil, French Political Jitters, and Oil Volatility

The Asian session saw a shaky start as US President Donald Trump posted on his Truth Social account that Federal Reserve Governor Lisa Cook will be removed effective immediately.

The immediate reaction saw a gauge of the US dollar retreat as much as 0.3% and gold rose as much as 0.6% to around $3385/oz.

USD/JPY at Crossroads: Bearish Breakdown or Bullish Rebound Above Key Resistance?"

Earlier last week, the USD/JPY surged to a four-month high of 150.92 on 1 August, but its prior accumulated gains of the previous four sessions were all wiped out and formed a weekly bearish “Shooting Star” at the close of last Friday, 1 August US session.

USD/JPY Outlook: CFTC Data Signals Short-Term Rebound, BOJ Policy in Focus

CFTC’s data suggest room for a short-term rebound in USDJPY up to around 153
 

Market Turmoil Deepens Amid US Policy Uncertainty and Growth Concerns

The markets do not really seem to share Donald Trump's indifference to the short-term impact of his policies on the US economy. 

Plunging Consumer Confidence and Tariff Fears Shake Markets: Dollar, Oil, and Gold Hit Hard

Stocks struggled with the S&P 500 and the Nasdaq touching one-month lows as a dour consumer confidence report put mounting economic uncertainties into sharp relief and prompted a selloff. "This is clearly a  risk-off day and a continuation of a risk- off month," said Peter Tuz, president of  Chase Investment Counsel in Charlottesville, Virginia.

Japanese Yen Flexing Muscles as G-10's Best Performer Against the US Dollar

The Japanese yen is slightly lower on Wednesday.  In the North American session, USD/JPY is trading at 149.25, up 0.16% on the day.