S&P 500, Nasdaq 100, US Dollar, Gold, Japanese Yen, BoJ
Recommended by Daniel Dubrovsky Get Your Free JPY Forecast Global market sentiment improved this past week across stock market exchanges around the world. On Wall Street, the S&P 500 and Nasdaq 100 gained +2.67% and 4.82%, respectively. Turning to Europe, the FTSE 100 and DAX 40 increased 1.88% and 3.26%, respectively. Meanwhile, in the Asia-Pacific […]
The yen is screaming about the risks around the Bank of Japan
I’m shocked at the lack of commentary around next week’s Bank of Japan meeting and how that’s reverberating through markets. The Bank of Japan decision is Wednesday (late Tuesday US time) and the FX market is screaming that risks around it are rising. There have been persistent reports of the BOJ boosting its inflation forecasts […]
Considerable upside in Yen vs. US Dollar – TDS
Economists at TD Securities think the Yen will trade with an asymmetric bias that is tilted to the upside. EUR/JPY: Downside towards 130 in the coming months is likely “With the Fed ceding leadership on policy to the ECB and the BoJ, JPY trading bias remains asymmetric and with considerable room for gains.” “We expect […]
HFM’s Outlook 2023: Japan and the Yen
Japan and the Yen – 2023 Outlook The Japanese Yen was the weakest currency in 2022 because of the Bank of Japan’s commitment to maintaining a loose monetary policy, effectively widening the Yield differentials with other major economies – particularly the US. The Federal Reserve on the other hand was the most hawkish among the […]
Dollar weakens in wake of CPI release; yen climbs ahead of BOJ By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace of its interest rate hikes. At 03:05 ET (08:05 GMT), the , which tracks the greenback against a […]
Yen jumps; dollar tentative ahead of U.S. inflation data By Reuters
© Reuters. FILE PHOTO: A U.S. hundred dollar bill and Japanese 10,000 yen notes are seen in this photo illustration in Tokyo, February 28, 2013. REUTERS/Shohei Miyano By Rae Wee SINGAPORE (Reuters) – The yen got a boost on Thursday on expectations that the Bank of Japan will review the side effects of its monetary […]
Japanese Yen Gains as Breaking Story Hints at Further Bank of Japan Policy Tweak
Japanese Yen, USD/JPY, Bank of Japan, US CPI – Asia Pacific Market Open Japanese Yen gains as breaking story hints at further BOJ policy tweak Follow-through may be difficult to achieve until after US CPI data passes USD/JPY falls, but key support zone remain, pausing the downtrend Recommended by Daniel Dubrovsky Get Your Free JPY […]
Don’t expect Yen to weaken much further
Former Bank of Japan (BoJ) board member Sayuri Shirai said on Wednesday, “US interest rates are declining so don’t expect the Yen to weaken much further.” Further comments “Excessive strength in dollar likely to be corrected.” “Households and companies’ inflation expectations are extremely high but market forecasts are below 2%, not much change in inflation […]
Japanese Yen at Crossroads as US Dollar Sinks on Fed Comments. Where to for USD/JPY?
Japanese Yen, USD/JPY, US Dollar, Crude Oil, Gold – Talking Points The Japanese Yen faces challenges after inflation data The US Dollar slid lower elsewhere and the BoJ has its work cut out The Fed and the rate is driving markets, Will Thursday US CPI move USD/JPY? Recommended by Daniel McCarthy Get Your Free JPY […]
Yen asks BoJ to surrender. Forecast as of 09.01.2023
2023-01-09 2023-01-09 Yen asks BoJ to surrender. Forecast as of 09.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite statements that there won’t be any fundamental change in monetary policy, investors do not believe BoJ. It has already made adjustments to the yield curve control policy. What about the USDJPY? Let’s talk about this topic and make up a trading […]