The USD/JPY pair regains positive traction during the Asian session on Thursday and snaps a two-day losing streak to a one-and-half-week low, around m
Looming recession risks lend support to the safe-haven JPY and act as a headwind.USD/JPY pair
A generally positive tone around the Asian equity markets is seen undermining the safe-haven Japanese Yen and acting as a tailwind for the USD/JPY pair. Hopes for more stimulus measures from China, along with signs of easing US-China trade tensions, boost investors' confidence. It is worth recalling the US Commerce Department’s Bureau of Industry and Security announced earlier this week that it is removing 27 Chinese entities from its Unverified List.
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USD/JPY drifts back closer to weekly low, trades above 145.00 mark ahead of US PMIsThe USD/JPY pair remains under some selling pressure for the second successive day on Wednesday and drops to the lower end of its weekly trading range
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USD/JPY slides further below 145.00 after US dataThe USD/JPY broke below 145.00, falling to its lowest level in almost two weeks. This decline was triggered by the release of US economic data that ca
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USD/JPY holds below the 145.00 area, eyes on US dataThe USD/JPY pair remains on the defensive during the early Asian trading hours on Thursday. The major pair currently trades around 144.80, down 0.03%
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USD/JPY keeps the red for the second straight day, manages to hold above mid-145.00sThe USD/JPY pair remains under some selling pressure for the second straight day on Wednesday, albeit lacks follow-through and remains confined in a f
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USD/JPY: The risk of a retest of 150 is hard to ignoreUSD/JPY has settled above the 145 mark. Economists at Scotiabank analyze the pair’s outlook. Intervention is a clear risk if USD/JPY nears the 150 lev
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USD/JPY seen at around 130 on a 6-12M horizonUSD/JPY has continued its upward trajectory above 145. Economists at Danske Bank analyze the pair’s outlook. USD/JPY seems fundamentally overvalued We
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