USD/JPY
investingLive European markets wrap: Eurozone inflation ticks up in July; USD/JPY intervention again?
The rebound in tech shares continues after South Korea's benchmark KOSPI index posted near 18% gains today. And that's setting a more positive backdrop for broader markets.
USD/JPY After Volatility: Multiple Events in One Day
USD/JPY recovered to 160.60 on Friday following a sharp drop the previous day. Investors believe the Bank of Japan intervened to support the yen, although there has been no official confirmation.
USD/JPY after volatility: Multiple events in one day
USD/JPY after volatility: Multiple events in one day
USD/JPY Price Forecast: Likely extend decline below 158.00
USD/JPY Price Forecast: Likely extend decline below 158.00
USD/JPY outlook: BOJ holds steady as intervention risk builds
The BOJ appears content to normalise policy gradually, but leaving rates unchanged has handed the initiative back to USD/JPY.
USD/JPY Gives Up Gains as Weak US GDP Hits the Dollar
Looking at the 4-hour chart, the pair dipped below the 76.4% Fib retracement level of the upward move from the 160.49 swing low to the 163.98 high. There was also a move below a major bullish trend line with support at 163.30.
USD/JPY Price Forecast: Climbs back above mid-160.00s as BoJ rate decision looms
USD/JPY Price Forecast: Climbs back above mid-160.00s as BoJ rate decision looms
investingLive Americas FX news wrap 30 Jul USDJPY moves sharply lower on speculation of intervention.
Thursday's economic calendar delivered a mixed but ultimately constructive picture of the U.S. economy. Growth slowed more than expected during the second quarter, but the details beneath the headline were stronger than they first appeared.
U.S. Dollar Retreats As GDP Growth Rate Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
BoJ intervened to support the yen, putting additional pressure on the American currency.
USD/JPY Breaks Down Below 160 Ahead of the BoJ Announcement
USD weakness forced a pullback but that apparently wasn't enough for Japanese policymakers, with a move that looks interventi.
USD/JPY Mid-Day Outlook
USD/JPY's steep decline today suggests that a medium term top is probably formed at 163.97 already. Immediate focus is now on rising channel floor (now at 158.74).
Breaking: Japanese Yen surges on suspected intervention, USD/JPY plunges below 161.00
Breaking: Japanese Yen surges on suspected intervention, USD/JPY plunges below 161.00
