{"id":169046,"date":"2023-10-06T00:42:33","date_gmt":"2023-10-05T19:12:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=169046"},"modified":"2023-10-06T00:42:33","modified_gmt":"2023-10-05T19:12:33","slug":"usd-jpy-back-into-148-40-as-greenback-takes-a-breather-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-jpy-back-into-148-40-as-greenback-takes-a-breather-crypto-news\/","title":{"rendered":"USD\/JPY back into 148.40 as Greenback takes a breather &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>The USD\/JPY is looking for relief, dropping into 148.40.<\/strong><\/li>\n<li><strong>Broad-market risk appetite is cautiously stepping forward, limiting US Dollar gains on data beats.<\/strong><\/li>\n<li><strong>The Yen has been trading gently after Tuesday&#8217;s mystery chart surge.<\/strong><\/li>\n<\/ul>\n<p>The USD\/JPY kicked off Thursday trading reaching a high of 149.12 before settling back into the day&#8217;s low near 148.40.\u00a0<\/p>\n<p>US Initial Jobless Claims came in better than expected, showing 207 thousand new unemployment benefits seekers, below the market <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">forecast<\/a> of 210K.<\/p>\n<p>Challenger Job Cuts also improved, with 47.457 thousand announced job cuts compared to the previous 75.151K.<\/p>\n<p>Late Thursday will see Japanese Labor Cash Earnings figures, where the early Tokyo Friday markets\u00a0expects\u00a0monthly wage figures to tick up slightly from 0.2% to 0.3%.<\/p>\n<p>It&#8217;s another US <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/economic-indicator\/nfp\">Non-Farm Payroll<\/a> (NFP) Friday just around the corner, and markets are expecting US labor starts to decrease slightly from 187K to 170K. A meet-or-beat scenario could easily spark a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a> (USD) resurgence as broader markets continue to fear an overly strong US economy pushing the Federal Reserve (Fed) closer to more rate hikes in the future.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY technical outlook<\/h2>\n<p>Despite Thursday&#8217;s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\">chart<\/a> softening, the USD\/JPY remains firmly entrenched deep in bullish territory, with the pair up over 8% from the last bottom near 137.25 back in July.<\/p>\n<p>The long-term bullish US Dollar trend remains firmly intact, with the 100-day Simple Moving Average (SMA) far below current price action, pushing towards the topside near the 144.00 psychological level.<\/p>\n<p>The year&#8217;s highs are close by at 150.16, and a break above this level will see the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\">USD\/JPY<\/a> set to challenge 2022&#8217;s peaks near 151.94.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY daily chart<\/h2>\n<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY technical levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The USD\/JPY is looking for relief, dropping into 148.40. Broad-market risk appetite is cautiously stepping forward, limiting US Dollar gains on data beats. The Yen has been trading gently after Tuesday&#8217;s mystery chart surge. The USD\/JPY kicked off Thursday trading reaching a high of 149.12 before settling back into the day&#8217;s low near 148.40.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,367,248,251,246,257,276,255,250,252,247,253,249,275,256,254],"class_list":["post-169046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-boj","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=169046"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169046\/revisions"}],"predecessor-version":[{"id":169047,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/169046\/revisions\/169047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/13302"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=169046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=169046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=169046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}