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The USD/JPY pair surrendered intraday gains to a multi-day high and has now retreated to the lower end of its daily trading range, around mid-114.00s. The pair gained positive traction during the ...
However, USD/JPY’s recent clear failure to test the 117.00-level has provided a bearish technical signal for the pair in the near-term. That failure and the fact that the market was short JPY means ...
Chart - Courtesy Trading View USD/JPY was trading 0.15% higher on the day at 114.77 at around 05:45 GMT, extending previous sessions gains. At its first policy meet of the year, BoJ left the 10-year ...
The USD/JPY pair drifted upwards on Tuesday morning after the relatively hawkish statement by the Bank of Japan. It is trading at 114.75, which is higher than last week’s low of 113.50. Bank of Japan ...
The Japanese Yen fell as the 10-year Treasury yield hit a new 2022 high. USD/JPY is eyeing the Bank of Japan next, but follow-through may depend on more important fundamental drivers.