USD/JPY Slides: Weak US CPI Weighs on Dollar, Yen Resilient
The Japanese Yen (JPY) staged a recovery against the US Dollar on Friday, pushing USD/JPY down to 152.85 from a…
Tag: Japanese Yen (JPY)
USD/JPY: Yen Remains Under Pressure Amid Election Uncertainties – MUFG
MUFG analysts Lin Li, Michael Wan, and Lloyd Chan observe that Japan’s upcoming February 8 election is intensifying the Yen’s…
Japanese Yen stays weak against USD as fiscal concerns neutralize hawkish BoJ stance
During Tuesday’s Asian session, the Japanese Yen (JPY) stayed on the defensive due to concerns regarding Japan’s fiscal stability, driven…
EUR/JPY reclaims 183.50 amid concerns over Japan’s fiscal health
During Tuesday’s early European session, the EUR/JPY pair regained lost ground, trading near 183.55. The Japanese Yen (JPY) is weakening…
EUR/JPY edges higher as Eurozone inflation cools and Japan faces political instability
EUR/JPY is trading around the 183.50 level on Monday, registering a 0.10% gain for the day against a background of…
USD/JPY slips below 159.00 as market attention turns to US Retail Sales and PPI
The Japanese Yen is clawing back some ground on Wednesday as the US Dollar’s recent recovery loses momentum. The USD/JPY…
EUR/JPY Approaches 184.00 Amid Widespread Yen Selling
The Japanese Yen continues to underperform against its major peers during Wednesday’s quiet holiday session. This broad weakness has lifted…
USD/JPY Hits One-Month Peak as Yen Weakens Following BoJ Rate Hike
The Japanese Yen (JPY) experienced a sharp sell-off against the Greenback on Friday, sending the USD/JPY pair to a one-month…
GBP/JPY Pulls Back from Year-to-Date High, Dips Below 207.00 on Minor JPY Strength
The GBP/JPY cross has attracted some intraday sellers, pulling back from an Asian session high of 207.20 (a fresh high…
USD/JPY Advances as Japanese Yen Indecision Meets US Dollar Uptick
Despite Tokyo’s consumer inflation data surpassing forecasts, bolstering arguments for Bank of Japan (BoJ) policy tightening, the Japanese Yen (JPY)…