BoJ<\/a> board member Nakagawa was unequivocally hawkish as she highlighted diminished trade policy uncertainty and an improvement in the environment for a rate hike.” <\/p>\n“USD\/JPY is attempting a break below its 50 day MA (146.99), opening up the potential for a push to the lower end of its range from late July, around 146.00. The RSI is marginally bearish and a more meaningful decline would target the late May low around 142.00.”<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
The Japanese Yen (JPY) is up 0.2% against the US Dollar (USD) and pushing toward the upper end of its recent range, supported by fundamentals and the relentless narrowing in US-Japan yield spreads, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. JPY is bullish on the day “Comments from BoJ policymakers are relatively […]<\/p>\n","protected":false},"author":2,"featured_media":401717,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,367,248,251,246,257,255,1062,250,252,247,253,249,275,256,254],"class_list":["post-403382","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-japan","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\/403382","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=403382"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/403382\/revisions"}],"predecessor-version":[{"id":403385,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/403382\/revisions\/403385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/401717"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=403382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=403382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=403382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}