Introduction The USD/JPY pair is one of the most widely traded currency pairs in the world. It represents the exchange rate between the US dollar and the Japanese yen. In this article, we will discuss the recent recovery of the USD/JPY pair from its weekly low and its fresh daily.
The USD/JPY pair, which measures the exchange rate between the US dollar and the Japanese yen, has seen a decline for two successive days, reaching a four-day low and touching the 133.70 region during the early part of the European session on Friday. The drop in the USD/JPY pair has.
Inroduction The USD/JPY currency pair has been showing an upward momentum recently, and many market experts are keeping a close eye on it. Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group have analyzed the situation and provided their expert opinion on the possible future of.
Introduction The USD/JPY currency pair has been on an upward trend in recent months, with the pair reaching a high of 110.96 in early April 2023. According to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, this upward momentum is likely to continue, with the pair’s.
Introduction: The USD/JPY pair has been experiencing an upward trend for a while now, and according to analysts at UOB Group, this trend is expected to continue. In their analysis, the experts pinpoint the 134.80 resistance level as the next target for the pair’s upside momentum. In this article, we.
Introduction: The USD/JPY currency pair has been trading in a narrow range around the 134.00 level in the Asian session. However, investors are betting on the US Dollar to gain strength and push the pair above the resistance level. This is due to the market’s expectations that the Federal Reserve.
The USD/JPY currency pair has experienced a shift in sentiment, with bears losing control as bulls take over. The daily chart clearly shows this change, with the price failing to break below the 130.03 level, followed by a break above the 22-SMA (simple moving average). The price has since retested.
Introduction The USD/JPY has been on a downward trend for the third consecutive day during early Friday, despite late Thursday’s corrective bounce. The pair’s failure to extend its previous day’s rebound beyond the 38.2% Fibonacci retracement level of USD/JPY’s fall during March suggests a bearish outlook. In this article, we.
Introduction The USD/JPY currency pair has been in a steady uptrend for the past few months, but UOB Group’s analysts believe that the pair is likely to trade in a narrow range in the coming weeks. In this article, we will take a closer look at their analysis and what.
The USD/JPY pair remained relatively steady around 133.20 during the sluggish trading hours of early Thursday morning in Europe. This follows a mild recovery in the US Treasury bond yields and the Bank of Japan’s (BoJ) Governor Kazuo Ueda’s defense of the ultra-easy monetary policy. Mild Recovery in US Treasury.
The USD/JPY pair has been struggling in recent times as the Federal Reserve approaches the end of its rate-hiking cycle. As a result, the US Dollar (USD) is near its weekly low, and this has acted as a headwind for the pair. The Federal Reserve has been steadily increasing interest.
Introduction The USD/JPY currency pair has been trading sideways for hours until it broke to the downside, hitting fresh weekly lows following the release of the US ADP Employment report. The pair is currently testing the 131.00 area amid a weaker US dollar. The US ADP Employment Report The ADP.