CCY - Delayed Quote • JPY USD/JPY (JPY=X) Follow 155.6190 +0.3120 (+0.20%) At close: May 17 at 9:59 PM GMT+1 All News USD/JPY Weekly Price Forecast – US Dollar Continues to Show Support And Strength The US dollar has gone back and forth during the course of the trading week against the Japanese yen, but has recaptured the ¥155 level, which of course is a very bullish sign. USD/JPY Forecast – US Dollar Continues to Rally The USD has rallied early on Friday against the Japanese yen, as the interest rate differential continues to take front and center stage in this market. Dollar Strengthens Amid Hawkish Fed, Dovish BoJ The dollar strengthens as Fed officials push back against the idea that recent soft U.S. economic indicators make interest rate cuts this summer more likely. The greenback rises 0.2% versus the yen, as the Bank of Japan remains dovish. USD/JPY Forecast – US Dollar Continues to See Buyers on Dips The USD/JPY pair initially fell during the session on Thursday but has since turned around to show signs of life, as the market continues to find plenty of value hunters. USD/JPY Forecast – US Dollar Continues to See Buyers Despite Dip The US Dollar fell a bit in the early hours on Wednesday, as the retail sales number in the USA fell short. The CPI numbers were also a bit soft, and this had a lot of traders selling the greenback. However, this is a trend that isn’t going anywhere. USD/JPY Forecast – US Dollar Continues to Pressure The Yen The US Dollar continues to rise against the yen, as the market is likely to continue its momentum as the interest rate differential is a major driver of what is going to be the action of traders going forward. Japanese Bond Yields Approach a Big Milestone: 1% Chalk up another landmark in Japan's retreat from super-easy monetary policy: Benchmark yields on government bonds could soon top 1%. + Ten-year Japanese bond yields reached 0.966% on Tuesday. + That put them on course to beat a recent peak hit in November, of about 0. USD/JPY Forecast – US Dollar Continues to See Strength The USD/JPY pair continues to see strength against the yen, as we see a lot of support underneath, and of course have been in a long-term uptrend for ages it seems. USD/JPY Weekly Price Forecast – Greenback Continues to Terrorize The Yen The US Dollar has rallied yet again during the week, against the Japanese yen. At this point, central bank intervention seems to have failed, and now the market will continue to punish the Japanese. USD/JPY Forecast – US Dollar Continues to Show Strength Against The Yen The Bank of Japan recently intervened in the currency market to try to stop the flood of buying in the USD/JPY pair. At this point, it looks as though that attempt is going to fail. USD/JPY Forecast – US Dollar Continues to Stretch Against The Yen The US Dollar continues to see a lot of upward pressure, as the markets continue to punish the Japanese yen for the low interest rates. The interest rate differential continues to be a major driver of where we go here. USD/JPY Forecast – US Dollar Continues to Grind Higher Against Yen The US dollar continues to see upward pressure, as the markets continue to focus on the interest rate differential, as you get paid to hold onto this pair over the longer term. USD/JPY Forecast – US Dollar Continues to Look Higher Against Yen The USD continues to show signs of volatility against the yen, but more importantly – strength. Although we have seen some central bank actions, at the same time – interest rate differential continues to be important. USD/JPY Weekly Price Forecast – US Dollar Continues to Test Support The USD has fallen hard during the week and is now testing a major support region. This is a move mainly driven by the Bank of Japan intervention that has happened. However, there is a major list of reasons to think this trend will continues eventually. USD/JPY Forecast – US Dollar Continues to See Downward Pressure The Non-Farm Payroll announcement came out lower than expected, as the markets continue to jump back and forth due to the expectations of the interest rate decisions from Washington. USD/JPY Forecast – US Dollar Continues to Bounce Around Against Yen The Bank of Japan may have intervened in this pair, but at the end of the day, there is very little they can do to change the trend, only being able to slow it down. Japan Racks Up a Big Tab for Yen Intervention The government likely deployed some $20 billion after the Federal Reserve stood pat on Wednesday, data Thursday from the Bank of Japan suggested. Tokyo undertook a similar bout of yen buying earlier in the week. The rough estimates are based data on falling current deposits of commercial banks at the central bank. It's Getting Harder to Bet on the Yen's Slide Investors are bracing for the yen to weaken more but recent intervention by Tokyo has made it harder to go short, or bet against, the currency. "We've been short the yen all year, but we exited last week. USD/JPY Forecast – Dollar Continues to Look Upwards The USD/JPY pair is one we are going to be talking about for some time. The issues in this pair are structural, not temporary. USD/JPY Forecast – USD/JPY JPY Continues to Power Higher The USD continues to crush the Japanese yen, as the interest rate differential isn’t going anywhere, and the Bank of Japan has essentially given up at this point, despite a potential intervention on Monday.
