USD/JPY has steadily approached a major level that forced the ministry of finance and Bank of Japan to intervene in the FX market to defend the value of the yen
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Oct 1, 20232023-10-02 04:00:00In a quiet week, USD/JPY continues higher towards 150 relatively unopposed. Japanese MoF to be tested. ✅Read the report 👉https://t...
The prospect of withdrawing form negative interest rates resulted in another push higher in 10-year Japanese Government bond yields – necessitating unplanned bond purchases from the bank. Bond yields have previously been the release valve for a period of above targetand growing wages – two key determinants surrounding the historic policy change. Yields on the 10-year are now allowed to move steadily above 0.5% with an upside limit thought to be around the 1% marker.
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USD/JPY holds positive ground around 149.70 amid the possible FX intervention, eyes on US dataThe USD/JPY pair hovers around 149.70 after retreating from the 11-month highs of 149.82 during the early European trading session on Monday. The rene
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USD/JPY now faces some consolidation in the near termUSD/JPY is now predicted to navigate the 148.50-150.50 range in the next few weeks, comment Markets Strategist Quek Ser Leang and Senior FX Strategist
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USD/JPY could hold above 145 on a six-month viewUSD/JPY is trading at a marginal new high near 149.80. Economists at Rabobank analyze the pair’s outlook. Intervention a matter of when USD/JPY cross
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Japan’s Suzuki: Watching currency moves 'cautiously'Japanese Finance Minister Shunichi Suzuki is crossing the wires early Monday, continuing with the verbal intervention, as the USD/JPY pair approaches
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Tampa Bay Buccaneers Elevate Two Defensive Players Prior To Saints GameThe Buccaneers make some moves on their roster ahead of their NFC South showdown.
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