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...
USD/JPY stands tall near a multi-decade high amid the big US-Japan rate differential. Intervention fears might hold back bulls from placing fresh bets around the major....
USD/JPY bulls opt to take some profits off the table amid intervention fears. The upbeat Japanese Retail Sales underpin the JPY and also exert pressure. The...
GBP/JPY continues to climb to fresh highs as Yen extends backslide. Floundering JPY draws out more direct warnings from Japanese officials. Market flows unlikely to change...
The Summary of Opinions for the June MPM suggested that the BoJ delayed additional policy rate hikes as it would like to wait for confirmation from...
USD/JPY remains supported near its highest level since April touched earlier this Friday. The BoJ rate-hike uncertainty and mixed National CPI from Japan undermine the JPY....
USD/JPY bulls turn cautious near a one-and-half-month peak amid mixed fundamental cues. The BoJ’s cautious approach and the upbeat market mood undermine the safe-haven JPY. Fed...
USD/JPY consolidates its recent gains to the highest level since late April. The BoJ April meeting minutes fail to provide any impetus to the major. Tuesday’s...
USD/JPY consolidates its recent gains to the highest level since late April. The BoJ April meeting minutes fail to provide any impetus to the major. Tuesday’s...
The Bank of Japan (BoJ) board members shared their views on monetary policy outlook on Wednesday, per the BoJ Minutes of the April meeting. Key quotes Member agreed consumption...
USD/JPY moves higher above 158.00 amid firm US Dollar. The US Dollar remains firm as the Fed restricts a number of rate cuts this year to...
AUD/JPY fails to capitalize on the overnight goodish rebound from a multi-day low. BoJ Governor Ueda’s hawkish remarks underpin the JPY and cap gains for the...
USD/JPY rises to a seven-week high near 158.00 amid multiple tailwinds. The US Dollar strengthens as the Fed maintains hawkish guidance on interest rates. The Japanese...
USD/JPY moves higher to 157.70 as Fed policymakers see only one rate cut this year. The USD Index will dance to the tunes of the US...
EUR/JPY falls as investors fear the outcome of snap French legislative elections. The risk looms large of the far-right winning after their success in the European...