Midweek technical look on Gold, EUR/USD, USD/JPY [Video]
USD/JPY Price Forecast: Testing 200-day SMA amid strong US data, higher yields
The American currency gained strong upside momentum as forex traders bet on hawkish Fed.
USD/JPY – Ready for the strong move higher? [Video]
USD/JPY consolidated around 157.60 on Wednesday, with the Japanese yen falling for a fourth consecutive day. Amid Japan's long weekend, markets are closely monitoring the possibility of currency intervention.
The rebound in the oil market provided additional support to the American currency.
USD/JPY Price Forecast: Recovery stalls below key moving averages
Falling Treasury yields did not put pressure on the American currency today.
USD/JPY has barely been disrupted despite monetary policy moves by both the Fed and BoJ. What could define the trajectory this week?
USD/JPY Price Forecast: Signs of stabilization above 20-day EMA back more upside
Central bank meetings in the U.S. and Japan were the main focus last week. Both the Federal Reserve and Bank of Japan raised interest rates by 0.25% as expected, but their comments caused large market moves.
A hawkish Federal Reserve and a tough hawkish bar for the Bank of Japan to clear helped USD/JPY post its largest weekly advance since October 2025, sending the pair more than five big figures off the lows tagged earlier this month.