The Japanese Yen continues to weaken against the US Dollar. Now, USD/JPY is facing increasing signs of fading momentum. But, will a reversal be enough to overturn the broader bullish bias?
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.
We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. Any and all information provided by FXP is not intended for use by U.S. residents or individuals domiciled in the U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY closed above 145.00 ahead of Japanese GDP dataAt the start of the week, the USD/JPY rose to its highest level since November 10, 2022, mainly driven by a cautious market mood and a stronger USD. I
Read more »
USD/JPY climbs confidently above 145.00 amid cautious market moodThe USD/JPY pair printed a fresh nine-month high at 145.57 on Monday, capitalizing on bearish market sentiment. The asset continues its five-day winni
Read more »
USD/JPY holds steady around mid-145.00s, bulls retain control near YTD peakThe USD/JPY pair oscillates in a narrow band around mid-145.00s during the Asian session on Tuesday and consolidates its recent gains to a fresh high
Read more »
Finance Minister Suzuki Sticks to Script as EUR/JPY, USD/JPY Advanceapanese Finance Minister Suzuki sounded more like a record on repeat with comments around FX intervention this morning. The comments came on the back of a 3rd straight quarter of expansion.
Read more »
USD/JPY: There is no reason for interventions at present, the period of Yen weakness is over – CommerzbankUSD/JPY is trading close to the 145 mark. Economists at Commerzbank analyze the pair’s outlook. Is the MOF a toothless tiger? If there are no interven
Read more »
Weak yen gives Japan's automakers familiar, though temporary, relief - AutoblogA weak yen has traditionally lifted profits for Japan's big exporters, although it is no longer as large a boon for automakers that have increased their overseas manufacturing in recent years.
Read more »