JPY

USDJPY Technical Analysis – Eyes on the US CPI report

• The USDJPY pair is getting closer to a key resistance zone ahead of the US CPI release. What’s next?

Japan's Economy Minister discusses Q3 GDP data - start of a wage and price cycle

• Says virtuous cycle of wage hikes and passing-through of prices has begun

USDJPY tests and extends above - the topside swing area target

• USDJPY breaks through swing area, aims for 38.2% Fibonacci level at 151.736. Bullish momentum grows as price surpasses 200-hour MA.

Japan Q3 Revised GDP +0.3% q/q (prelim was +0.2%)

• A better outcome for Japanese economic growth

ICYMI - Japan's main opposition leader calls for gradual BOJ rate hikes

• Japan's biggest opposition Constitutional Democratic Party of Japan (CDPJ) leader Yoshihiko Noda interview

USDJPY Technical Analysis – Eyes on the US NFP report

• The USDJPY pair is consolidating above the 149.40 level ahead of the US NFP report. What’s next?

Japan October leading indicator index 108.6 vs 108.9 prior

• Latest data released by the Japanese Cabinet Office - 6 December 2024

Japan's Nikkei futures down -0.08% in early trading

• Modest declines

Japanese household spending -1.3% YoY versus -2.6% YoY expected

• Japanese household spending for the month of October 2024

USD/JPY buyers undo their efforts from trading yesterday

• The pair falls by 0.6% today to 149.69 currently

Japan foreign bond investment for the week 922.4B vs -779.1B (revised)

USD/JPY continues run higher to touch 151.00 on the day

• The pair is up nearly 1% as the rebound today continues

USDJPY Technical Analysis – The chances for a rate hike dwindle

• The USDJPY pair bounced from the lows as the market pared back the chances for a BoJ rate hike in December. What’s next?

USD/JPY bounce starts to gain some traction

• The pair is keeping with the bounce of its 100-day moving average

USDJPY extends to new high and looks toward falling 100 hour MA .

• USDJPY climbs to a fresh daily peak, aiming to retest the broken 38.2% level and the descending 100 hour MA, pivotal for buyer momentum.