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IPC Index — Mexico Market
JPY
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EUR/JPY Price Strengthens above 184.50 with bullish tone despite intervention risks
EUR/JPY gathers strength near 184.85 in Tuesday’s early European session. The cross keeps the bullish vibe, but further consolidation cannot…
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Japanese Yen hangs near one-month low vs USD; bears seem hesitant amid intervention risks
USD/JPY attracts some buyers on Tuesday, though the uptick lacks bullish conviction. Intervention fears and BoJ rate hike bets support…
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USD/JPY Price Trades below 160.00 intervention threshold; bullish bias intact
USD/JPY retreats from over a one-month high set on Thursday, though it lacks follow-through. The Israel-Lebanon ceasefire weighs on the…
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EUR/JPY Price Holds modest gains above 185.50, bullish bias remains intact
EUR/JPY trades with mild gains near 185.65 in Thursday’s early European session. The cross keep a modest bullish bias above…
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USD/JPY Price Forecast: Bulls turn cautious near 160.00 amid rising intervention risk
USD/JPY pauses for a breather as a fresh intervention warning helps limit JPY losses Economic risks stemming from the Middle…
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EUR/JPY Price Forecast: Declines below 186.00 amid intervention fears, but bullish vibe prevails
EUR/JPY edges lower to near 185.90 in Wednesday’s early European session. Japan’s Katayama said the authorities are standing ready to respond…
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AUD/JPY Strengthens above 114.00, bullish bias holds above key technical support
AUD/JPY gathers strength to near 114.35 in Tuesday’s early European session. The constructive outlook for the cross prevails above the…
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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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