TAG: c-usd-jpy
ASX 200: Tracks US Rally, Tech and Gold Stocks Lead Gains
US Equity Markets: Caution Turns to OptimismThe US equity markets had a positive Tuesday, August 13, session. The Nasdaq Composite Index and S&P 500 rallied 2.43% and 1.68%, respectively, while the Dow gained 1.04%.Starbucks (SBUX) surged 24.50%, cont...
2 months ago
USD/JPY Forecast: US Inflation Forecasts and Fed Rate Cut Bets Signal Bearish Trend
Bank of Japan Under the SpotlightOn Wednesday, August 14, the Bank of Japan and the USD/JPY will be in the spotlight.This week, Japan’s government requested that Bank of Japan Governor Kazuo Ueda attend a special parliamentary session to discuss the July...
2 months ago
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Retreats After Dovish PPI Report
U.S. DollarDXY 130824 4h ChartU.S. Dollar Index pulls back as traders react to Producer Prices report. PPI increased by 0.1% month-over-month in July, compared to analyst consensus of +0.2%. Core PPI was unchanged on a month-over-month basis, while analys...
2 months ago
USD/JPY Forecast – US Dollar Continues to Consolidate Against The Yen
US Dollar vs Japanese Yen Technical AnalysisThe U.S. dollar has continued to bounce around the Japanese yen during the trading session on Wednesday. And as the consumer price index numbers came out as anticipated, it’s not a huge surprise that we are just...
2 months ago
US Dollar Index (DXY) News: Dollar Slips as Rate Cut Expectations Rise After CPI Data
Dollar Weakens as Inflation Data Fuels Rate Cut ExpectationsThe U.S. Dollar traded lower against major currencies on Wednesday following the release of key inflation data. Traders are increasingly betting on a Federal Reserve rate cut in September, puttin...
2 months ago
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Inflation Rate Falls To 2.9%
U.S. DollarDXY 140824 4h ChartU.S. Dollar Index is losing some ground as traders react to inflation data. Inflation Rate declined from 3% in June to 2.9% in July, compared to analyst consensus of 3%. Core Inflation Rate decreased from 3.2% to 3.3%, in lin...
2 months ago
USD/JPY Daily Forecast: Will Japan’s Q2 GDP Support a Drop Below 146?
Japan Under the SpotlightOn Thursday, August 15, preliminary GDP numbers for Japan will put the USD/JPY in focus.Economists expect the economy to grow by 0.5% quarter-on-quarter in Q2 2024, reversing a 0.5% contraction from Q1 2024.Better-than-expected nu...
2 months ago
US Dollar Index (DXY) News: Bullish Momentum as Treasury Yields Surge on Strong Retail Data
U.S. Dollar Rises as Treasury Yields Surge on Strong Retail Sales DataThe U.S. Dollar Index (DXY) surged on Thursday, bolstered by a sharp rise in Treasury yields following unexpectedly strong retail sales data for July. The robust economic indicators hav...
2 months ago
USD/JPY Forecast – US Dollar Continues to Recover Against The Japanese Yen
US Dollar vs Japanese Yen Technical AnalysisThe US dollar rallied rather significantly during the early hours on Thursday as we are threatening the 149 yen level. This is a market that has jumped back over a trend line that had been so important previousl...
2 months ago
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Retail Sales Exceed Expectations
U.S. DollarDXY 150824 4h ChartU.S. Dollar Index gains ground as traders react to the strong Retail Sales report. The report indicated that Retail Sales increased by 1% month-over-month in July, compared to analyst consensus of +0.3%. Initial Jobless Claim...
2 months ago
Hang Seng Index Rallies on JD.Com Earnings: Asian Markets Track US Gains
US Equity Markets: From Caution to Optimism and ReliefThe US equity markets had a breakout session on Thursday, August 15. The Nasdaq Composite Index rallied 2.34%, while the Dow and S&P 500 gained 1.39% and 1.61%, respectively.Chip stocks fueled the...
2 months ago
USD/JPY Forecast – US Dollar Continues to See Barriers Against The Yen
US Dollar vs Japanese Yen Technical AnalysisThe US dollar has pulled back quite a bit during the early hours on Friday as the trend line that we had tried to break through during the previous session seems to be holding now. At this point in time, we have...
1 month ago
US Dollar Index (DXY) News: Greenback Slips as Treasury Yields Drop Amid Economic Concerns
U.S. Dollar Weakens as Housing Data and Treasury Yields Weigh on SentimentThe U.S. Dollar Index (DXY) faced downward pressure on Friday, driven by weaker-than-expected housing data and a decline in U.S. Treasury yields. These developments sparked concerns...
1 month ago
USD/JPY Weekly Price Forecast – Dollar Recovers a Bit Against The Yen This Past Week
US Dollar vs Japanese Yen Weekly Technical AnalysisThe US dollar has rallied a bit during the trading week against the Japanese yen, reaching toward the crucial 150 yen level, but pulling back about 50 points shy of it. At this point, the question now bec...
1 month ago