JPY
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USD/JPY Price Forecast: Yen languishes amid growing BoJ rate hike uncertainty
USD/JPY rises to near 159.45 as BoJ rate hike uncertainty weakens Japanese Yen. The BoJ SoP of the April meeting…
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EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00
EUR/JPY may retest the upper boundary of the descending channel around 186.00. The 14-day Relative Strength Index of 57 suggests…
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Yen Stays Weak Near Key Intervention Threshold
The Japanese yen traded around 159.5 per dollar on Monday, remaining under pressure and hovering near the closely watched 160…
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USD/JPY Price Sees more upside towards 160.70
USD/JPY edges up to near 159.32 as the Japanese Yen trades with caution. Tokyo CPI ex. Fresh Food grew at…
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EUR/JPY Price Forecast: Loses momentum to near 185.00, but bias stays bullish
EUR/JPY weakens to around 185.10 in Thursday’s early European session. The cross keeps the bullish vibe, but further consolidation cannot…
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Japanese Yen hits four-week low vs firmer USD as Hormuz risks counter intervention fears
USD/JPY attracts buyers for the third straight day, though JPY intervention fears cap gains. Economic concerns stemming from Hormuz risk…
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Euro hits fresh monthly highs with Japanese Yen weakness raising intervention concerns
EUR/JPY rallies for the fourth consecutive day and hits fresh monthly highs above 185.46. BoJ Ueda’s comments backing an upcoming…
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British Pound remains close to monthly peak vs Japanese Yen amid Mideast tensions
GBP/JPY regains positive traction on Wednesday and draws support from a combination of factors. A modest USD downtick benefits the…
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GBP retreats from monthly high vs JPY; downside seems limited
GBP/JPY attracts some sellers on Tuesday and is pressured by a combination of factors. Rebounding USD, delayed BoE rate hike…
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EUR/JPY Price Hovers around 185.00, descending channel top
EUR/JPY hovers near the upper boundary of the channel around 185.00. The 14-day Relative Strength Index sits at 49.05 near…
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