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USD/JPY trades to new 24-year highs! Will it keep going?
The next move for the USD/JPY may depend on Japan fx intervention, comments from Powell, Japan CPI, or an overbought RSI.
USD/JPY: BOJ unlikely to ruffle any feathers after last month’s whooping
It’s a busy time of the month for central bankers, and the BOJ will be the first major central bank to draw traders’ attention this […]
USD/JPY drop compounds BOJ’s dilemma, bears gunning for 1.10?
It’s been a rough month for the Bank of Japan. In an effort to inject some much-needed inflationary pressures into the world’s third-largest economy, Japan’s […]
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USD/JPY surges as BOJ crosses the negative interest rate Rubicon
The normally tranquil Friday Asian session of trade was rudely interrupted this week by a surprise decision from the Bank of Japan. The excitement started […]
EUR/JPY: Reason for optimism ahead of the BOJ?
After yesterday’s snoozer of a Federal Reserve meeting, traders are understandably a bit disappointed that we’ll have another seven weeks of data-watching before the chance […]
Could the Fed Push USDJPY Above the “Kuroda Line”?
It’s been a quiet overnight session for most major currencies as market participants refrained from placing large trades ahead of today’s FOMC meeting. The central […]