Yen goes on a wild ride after BoJ shocker

Posted by Kenny Jul 28, 2023 Share 0

The Japanese yen took investors on a wild ride on Friday but has settled down. In the European sessi...

No major risk-off after BoJ’s creative YCC flexibility tweak

Posted by Kelvin Jul 28, 2023 Share 0

Bank of Japan maintained its ultra-loose monetary policy but issued a lukewarm hawkish statement...

USD/JPY Technical: Bulls rejected at 20-day moving average

Posted by Kelvin Jul 27, 2023 Share 0

The 20-day moving average has capped further upside in the USD/JPY so far since last Friday, 21 ...

USD/JPY softens as yen hedges surge ahead of BOJ 

Posted by Ed Jul 26, 2023 Share 0

Rate cut odds for the December FOMC meeting now stands at 15.1% vs 16% yesterday Protection a...

Technical and Triggers: FOMC/Earnings Playbook for Nasdaq, USD/JPY, & NZD/USD

Posted by Ed Jul 25, 2023 Share 0

Earnings give stocks one last boost before the FOMC decision Consumer Confidence surges to a ...

EUR/USD and USD/JPY in focus post flash PMIs; Bitcoin falls below $29.5k

Posted by Ed Jul 24, 2023 Share 0

It was surprisingly a busy weekend as Spain delivered a close national election, Barbie showed us th...

Yen rebounds after rough week, US Manufacturing PMI next

Posted by Kenny Jul 24, 2023 Share 0

The Japanese yen has bounced back on Monday. In the European session, USD/JPY is trading at 141.27, ...

Podcast – A Big Week Ahead (BOJ, ECB, Fed, Earnings, Major US data)

Posted by Ed Jul 21, 2023 Share 0

OANDA Senior Market Analyst Ed Moya joins Jonny Hart and Trader Nick to discuss the drop in the yen ...

Morning Movers: Yen tumbles as BOJ expected to keep YCC intact, Nasdaq’s rebalancing

Posted by Ed Jul 21, 2023 Share 0

USD/JPY  Yen dives on reports BOJ sees little need to adjust YCC Central bank-a-palooza was ...

Japanese yen sinks as inflation rises

Posted by Kenny Jul 21, 2023 Share 0

Japan's core inflation rises in June USD/JPY jumps over 1% The US dollar continues to rall...

USD/JPY Technical: Potential continuation of the bearish trend

Posted by Kelvin Jul 20, 2023 Share 0

The +326 pips rebound seen in the USD/JPY from the 14 July 2023 low of 137.24 has reached a mino...

Japanese yen edges up ahead of Japanese inflation report

Posted by Kenny Jul 20, 2023 Share 0

US employment claims expected to rise Japan's core inflation projected to tick higher BoJ'...

Technicals and Triggers: EUR/USD, USD/JPY, and USD/CAD

Posted by Ed Jul 18, 2023 Share 0

EUR/USD excessively overbought? The euro-dollar ascent was mostly a one-way move for most of July...

USD/JPY Technical: Torpedoed down but holding at 200-day moving average

Posted by Kelvin Jul 14, 2023 Share 0

USD/JPY has shed -5.4% from its 30 June 2023 high of 145.07, on sight to record its worst weekly...

Technicals and Triggers – USD/JPY, GBP/USD, GBP/JPY, USD/MXN

Posted by Ed Jul 11, 2023 Share 0

FX volatility might be returning given Wall Street is seeing some exhaustion with several key curren...

USD/JPY Technical: At risk of a minor bounce before bearish tone resumes

Posted by Kelvin Jul 10, 2023 Share 0

Medium-term uptrend of USD/JPY in place since 16 January 2023 at risk of breakdown. Steep dec...

Week Ahead – US inflation data the headline, BoC ponders another hike, possible RBNZ pause

Posted by Craig Jul 7, 2023 Share 0

US This week is all about inflation. Annual inflation will tumble as energy prices drop and due t...

Japanese yen jumps on wage growth, nonfarm payrolls next

Posted by Kenny Jul 7, 2023 Share 0

Japanese wage growth rises, household spending declines US nonfarm payrolls expected to fall ...

USD/JPY gains ground, Fed minutes show policy divisions

Posted by Kenny Jul 6, 2023 Share 0

FOMC minutes highlight policy divisions USD/JPY falls sharply Japan releases Household Spe...

Technicals and Triggers – USD/JPY, EUR/USD, EUR/CHF, AUD/USD

Posted by Ed Jul 5, 2023 Share 0

The first half of the year was rather choppy for the US dollar as massive bets of weakness were scal...