USDJPY

The USD/JPY currency pair saw its share of ups and downs in today's trading.In the New York session, the high reached the resistance level at 144.58. This level represents 50% of the pair’s trading range from the January 2023 low (see chart…

In the morning video, I talked about the 50% midpoint of the move up from the January 2023 low at 144.581. The price has been trading above and below this level over the past two months, but this week’s rally has returned to the level,…

USDJPY DailyMorgan Stanley expects a series of 25 basis point rate cuts by the Fed through mid-2025, and recommends maintaining short positions in USD/JPY, targeting a move towards 138.Key points:Federal Open Market Committee Interest Rate…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

The USD/JPY pair announced its rise after all and retreated from the low recorded last Wednesday at 140.71 but stopped before the low recorded in December 2023 at 140.248. The low reached 140.43.With the price back above the 100-hour moving…

Basic OverviewLast Thursday, The Wall Street Journal’s Timiraos published an article that seemed to suggest that a 50 basis point cut was still under discussion. The market responded by raising the odds of a 50 basis point cut to about 40%…

In the opening video, for September 13, 2024, I take a look at three other major currency pairs - EURUSD, USJDPY, and GBPUSD. For the EUR/USD pair, it moved into a swing zone between 1.10976 and 1.11042 and found willing sellers.…

The potential impact of a Fed rate cut on the pair is a critical issue for investors and currency strategists, especially as we approach a potential Fed rate cut in 2024. With the Fed and the Bank of Japan's divergent monetary policies,…

Basic OverviewYesterday, around 1:00 p.m. EST, Timeraus of the Wall Street Journal published an article that seemed to suggest that a 50 basis point rate cut was still under discussion. The market responded by raising the odds of a 50 basis…

US producer price index data came in largely in line with expectations, and did not change expectations for the Federal Reserve's monetary policy decision next week, which is focused on cutting interest rates by 25 basis points.However, the…