Saturday, 20 April 2024
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15:22 | 12/5/18
FX Empire
That suggests that perhaps the Japanese yen could selloff, and therefore we could see this market go higher. Otherwise, I think there is an uptrend line underneath that we could test, closer to the 146.50 region or so.
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16:52 | 11/5/18
Investing.com
For the 24 hours to 23:00 GMT, the USD declined 0.33% against the JPY and closed at 109.39. In the Asian session, at GMT0300, the pair is trading at 109.46, with the USD trading 0.06% higher against the JPY from yesterday's close.
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08:37 | 11/5/18
Forex Factory
Yen bears will argue that the currency is trading as an inflation proxy, pointing to rising inflation expectations as the culprit for recent and ongoing weakness.
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Japan stands as something of a global trade bellwether and any data confirming a robust performance is likely to be welcomed.
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The US dollar has rallied against the Japanese yen during the open on Monday, breaking above a little bit of short-term resistance, and then consolidating near the 109.25 region.
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06:11 | 3/5/18
Stock Investor
At its March meeting, BOJ confirmed its stance on keeping interest rates near 0% by removing a target date for achieving its 2% inflation goal.
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01:52 | 3/5/18
MarketPulse (blog)
With Japanese markets closed for Constitution Day, the yen is having a quiet day. In the North American session, USD/JPY is trading at 109.91, up 0.05% on the day.
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17:15 | 28/4/18
FX Empire
The US dollar rallied against the Japanese yen during the week as interest rates continue to climb, course putting pressure on the greenback to the upside.
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17:03 | 28/4/18
FX Empire
The British pound broke down rather significantly during the trading session on Friday, reaching down towards the 150.25 level, an area that extends down to the 150 level.
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While this coming week sets up a rather positive picture for the greenback if US data comes in strong, keep in mind that tightening credit conditions via the Fed can also bode ill for stocks.
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