The USD/JPY pair is showing a downward bias, with a daily close below 142.00 indicating the potential for further losses towards 140.71 and 140.25. Bears are currently in control, supported
As the US Dollar corrects after the release of softer-than-expected US Producer Price Index (PPI) data for August, the USD/JPY pair falls sharply to near 142.00 in Thursday's North American
According to OCBC's FX analysts Frances Cheung and Christopher Wong, the recent rebound of USD/JPY was abruptly halted after BoJ's Tamura announced the need to raise rates to 1% by
USD/JPY is on the rise as the odds of a smaller rate cut by the Fed in September increase. BoJ board member Naoki Tamura's remarks have also influenced the market
Naoki Tamura, a board member of the Bank of Japan (BoJ), has expressed uncertainty regarding the pace of future rate hikes. He mentioned that the BoJ does not have a
The USD/JPY pair is facing resistance after reaching the 143.00 level, with BoJ Tamura's hawkish comments boosting the JPY and putting pressure on the pair. Despite a slight increase in
During the Asian session on Thursday, Bank of Japan (BoJ) board member Naoki Tamura made comments indicating that the journey towards ending the easy policy is still far from over.
USD/JPY Rebounds from Yearly Lows After US Inflation Data Release The USD/JPY pair bounced back from nearly year-long lows following the release of US inflation data. The data revealed a
In a recent development, USD/JPY has broken below key August 5 lows, hinting at a possible shift in the long-term trend. While the move lacks momentum, there are indications that
Leading FX analysts Quek Ser Leang and Peter Chia from UOB Group have indicated that the US Dollar (USD) may experience a downward trend in the near future. While there