The Bank of Japan (BoJ) published the Summary of Opinions from its September monetary policy meeting on September 19 and 20, with the key findings noted...
USD/JPY falls further to 142.50 on multiple headwinds. Japan Ishiba’s victory in PM elections has strengthened the Japanese Yen. Cooling US inflationary pressures have weighed on the...
USD/JPY loses traction around 144.60 in Thursday’s early Asian session, down 0.10% on the day. Dovish Fed and rising bets on jumbo rate reduction weigh on...
AUD/JPY attracts some follow-through buyers and reacts little to Australian inflation figures. The headline CPI eased to 2.7% YoY in August, while the core CPI remains...
Bank of Japan Governor Kazuo Ueda said during his scheduled appearance on Tuesday, it is “desirable for FX to move stably reflecting fundamentals.” Additional quotes Global...
AUD/JPY attracts some follow-through buying on Tuesday and reacts little to the RBA decision. The RBA decided to leave its benchmark interest rates unchanged and stick...
Japan’s Finance Minister Shunichi Suzuki said on Tuesday that he is “monitoring impacts from central banks’ monetary policies.” Suzuki said that he “expects the Bank of Japan...
Those who still believed that the JPY’s rally was due to idiosyncratic factors that only affect the Japanese currency were disabused of that notion by 2:30...
EUR/JPY recovers from 164.80 while the near-term outlook remains uncertain. The BoJ is expected to hike interest rates further next week. Euro’s near-term outlook has worsened...
EUR/JPY continues losing ground for the fifth straight day and dives to a two-and-half-month low. BoJ rate hike bets, along with the risk-off impulse, underpin the...
EUR/JPY turns lower for the third straight day and drops to over a one-month low on Wednesday. The recent suspected intervention, along with BoJ rate-hike bets...
GBP/JPY followed other Yen pairs lower on Tuesday. The Yen is extending a near-term recovery after successive “Yenterventions”. Key UK and Japanese economic data due in...
USD/JPY weakens to 156.00 as BoJ rate-hike bets surge. The BoJ is expected to raise interest rates further by 10 bps as inflation remains above 2%. Investors...
BoJ’s interventions in recent days can best be described as ‘leaning against the wind’. But, at the moment, the wind continues to blow in the direction...
Japan’s headline National Consumer Price Index (CPI) held steady and came in at the 2.8% YoY rate for June. Meanwhile, Core CPI inflation – or headline...
GBP/JPY tumbled back to 203.00 as markets suspect continued market intervention. The Yen soared a full percent against the Pound Sterling on Wednesday. This follows last...
Speculative investors’ short Japanese Yen (JPY) positions are close to a record. USDJPY could see bouts of pullbacks if US data continues to point to a...
Japan’s verbal interventions are ineffective. Periods of quiet volatility may continue to push USD/JPY higher, with a new line in the sand for intervention now close...
GBP/JPY attracts sellers for the second straight day, though the downside seems limited. Intervention fears prompt some JPY short-covering and exert pressure on spot prices. The...
Yield differentials seem important to the USD/JPY outlook. FX intervention may be on the cards again very soon because the Japanese Yen (JPY) is weak, weighing...