{"id":401660,"date":"2025-08-12T06:42:56","date_gmt":"2025-08-12T01:12:56","guid":{"rendered":"https:\/\/dripp.zone\/news\/jpy-steady-in-quiet-trade-scotiabank-crypto-news\/"},"modified":"2025-08-12T06:57:52","modified_gmt":"2025-08-12T01:27:52","slug":"jpy-steady-in-quiet-trade-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/jpy-steady-in-quiet-trade-scotiabank-crypto-news\/","title":{"rendered":"JPY steady in quiet trade \u2013 Scotiabank &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>The Japanese Yen (JPY) is entering Monday\u2019s NA session flat against the US Dollar (USD) as it consolidates just above the lower end of its recent narrow range, Scotiabank&#8217;s Chief FX Strategists Shaun Osborne and Eric Theoret report. <\/p>\n<h2 class=\"fxs_headline_from_medium_to_large\">Markets eye BoJ\u2019s return to tightening<\/h2>\n<p>&#8220;The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\" data-fxs-autoanchor=\"\">outlook<\/a> for relative central bank policy remains a source of fundamental support for the JPY, as markets eye the BoJ\u2019s return to tightening following its recent pause. Short-term rate expectations are pricing little tightening for the next meeting in September, but have about 10bpts of tightening for October and 15bpts by year-end.&#8221; <\/p>\n<p>&#8220;This week\u2019s highlight will be the release of Q2 GDP data on Thursday. We look to a near-term USD\/JPY range bound between 146.50 support and 148.00 resistance.&#8221;<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese Yen (JPY) is entering Monday\u2019s NA session flat against the US Dollar (USD) as it consolidates just above the lower end of its recent narrow range, Scotiabank&#8217;s Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets eye BoJ\u2019s return to tightening &#8220;The outlook for relative central bank policy remains a source of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":367779,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,367,248,251,246,257,255,250,252,247,253,249,275,256,254],"class_list":["post-401660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-boj","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","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\/401660","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=401660"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/401660\/revisions"}],"predecessor-version":[{"id":401661,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/401660\/revisions\/401661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/367779"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=401660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=401660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=401660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}