USDJPY Archives - Financial Mirror

NFP revisions, FOMC minutes to drive USD action

The US Dollar is holding its ground against major rivals early Wednesday as markets wait for the US Bureau of Labor Statistics to announce the preliminary benchmark revisions to Nonfarm Payrolls. Later

21st August 2024

Markets/World

Markets cautious ahead of US PCE inflation

Following mixed action in financial markets on Thursday, investors are clinging to a cautious stance on Friday. The US economic docket will feature Personal Consumption Expenditures (PCE) Price Index data for June,

26th July 2024

Markets/World

Yen stronger on firm BoJ rate-hike bets

The USDJPY pair tumbled to near 156.00 late Tuesday, with the Japanese Yen strengthening amid expectations that the Bank of Japan will tighten its monetary policy further in its July monetary policy

23rd July 2024

Markets/World

Dollar catapults after strong NFP

USDJPY spiked higher by over half a percent just after the release of US nonfarm payrolls (NFP) data, on Friday. USDJPY traded in the upper 156s after the US Dollar strengthened as

8th June 2024

Markets/World

Dollar rebounds on positive risk sentiment, weak Yen

USDJPY bulls are further encouraged by a weakening Japanese Yen following data that shows real wages declining for the 25th straight month in April, as domestic inflation in Japan continues to outpace

5th June 2024

Markets/World

Eurozone, US inflation data to ramp up market volatility

Following Thursday’s choppy action, major currency pairs are holding steady early Friday as investors gear up for key data releases. Eurostat will publish the Harmonised Index of Consumer Prices (HICP) and the

31st May 2024

Markets/World

Dollar loses recovery momentum, eyes on PMIs

The Dollar Index (DXY) seems to have entered a consolidation phase early Thursday after climbing to a weekly high near 105.00 on Tuesday. S&P Global will release preliminary May Manufacturing and Services

23rd May 2024

Markets/World

Dollar bounces back

The USDJPY pair extended its recovery to 156.00 in Friday’s European trading, as the Dollar rebounded strongly after the Fed ruled out expectations of rate cuts, despite an expected decline in the

17th May 2024

Markets/World

Dollar extends losing streak ahead of US CPI

The USDJPY pair dropped sharply to 155.50 in early European trading on Wednesday, as the US Dollar extends its losing spell for the third trading session. The DXY Dollar Index has dropped

15th May 2024

Markets/World

USD surges as Fed expected to prolong policy rates

The U.S. dollar-yen pair is trading around 155.30 in European markets on Wednesday, marking a third consecutive day of gains, due to the possibility of the Federal Reserve’s prolonging higher interest rates.

8th May 2024

Markets/World