Tag: usdjpy

USD/JPY Forecast: Strong US Inflation Signals Potential Breakout, Eyes on Key Levels
3 min read
Business

USD/JPY Forecast: Strong US Inflation Signals Potential Breakout, Eyes on Key Levels

Inflation Surges in the United States
Recent data released by the Bureau of Labor Statistics shows a significant increase in inflation rates in the United States. This rise in consumer prices has been driven by various factors, including increased demand as the economy recovers from the pandemic, supply chain disruptions, and rising energy costs. The surge in inflation has caught the attention of traders and investors worldwide, leading to a bullish outlook in the USD/JPY currency pair.

Traders Brace for US CPI Release as US Dollar Teeters on Edge
2 min read
Business

Traders Brace for US CPI Release as US Dollar Teeters on Edge

The US Dollar is currently on tenterhooks as market participants anticipate the release of the US Consumer Price Index (CPI) data. This influential economic indicator is set to be unveiled later today, and is expected to provide further insights into the direction of inflation and its potential impact on the Federal Reserve’s monetary policy decisions.

Brace for Volatility: USD/JPY Pushes Past Resistance, Euro and Pound Witness Downtrend
3 min read
Business

Brace for Volatility: USD/JPY Pushes Past Resistance, Euro and Pound Witness Downtrend

The US dollar (USD) is making a strong push against the Japanese yen (JPY), as well as the euro (EUR) and the British pound (GBP), which have seen a recent decline. Analysts suggest that this trend will continue in the near future.

Jobs Data Holds Importance for US Dollar, Impacts Gold, EUR/USD, USD/JPY, GBP/USD
2 min read
Business

Jobs Data Holds Importance for US Dollar, Impacts Gold, EUR/USD, USD/JPY, GBP/USD

The US dollar is eagerly awaiting the release of the latest jobs data after the recent Federal Reserve announcement. The dollar had experienced some turbulence following the Fed’s decision, but investors are now turning their attention to key economic indicators to gauge the currency’s future direction.

Inflation Concerns Drive US Dollar into Critical Juncture, Impacts Major Currency Pairs.
2 min read
Business

Inflation Concerns Drive US Dollar into Critical Juncture, Impacts Major Currency Pairs.

Setups on EUR/USD
In light of the latest CPI numbers, the EUR/USD pair has seen some interesting setups. The euro, which has been gaining strength against the US dollar in recent weeks, could potentially see a further rally if the market continues to price in a more hawkish stance from the Federal Reserve. Traders will be closely watching for any potential breakout above key resistance levels.

Gold Prices Face Uncertainty as Fed Minutes Cast Doubt on US Dollar’s Resurgence
3 min read
Business

Gold Prices Face Uncertainty as Fed Minutes Cast Doubt on US Dollar’s Resurgence

The US dollar, which had shown signs of a revival in recent sessions, is now facing renewed threats following the release of the Federal Reserve’s meeting minutes. The minutes, released on Wednesday, revealed a growing concern among policymakers regarding the strength of the US economic recovery and inflationary pressures. As a result, the greenback is now facing renewed selling pressure across major currency pairs and the precious metals market.

US Dollar Demolished by Fed’s Dovish Pivot, Tech Setups on EUR/USD and USD/JPY
2 min read
Business

US Dollar Demolished by Fed’s Dovish Pivot, Tech Setups on EUR/USD and USD/JPY

The US Dollar suffered heavy losses this week as the Federal Reserve surprised markets with its dovish pivot. Transitioning from its previous stance of monetary tightening, the central bank signaled a more accommodative approach to support the economy amidst mounting concerns over global growth.

US Dollar Sinks on Fed Dovish Pivot, Setups on EUR/USD, USD/JPY, GBP/USD
2 min read
Business

US Dollar Sinks on Fed Dovish Pivot, Setups on EUR/USD, USD/JPY, GBP/USD

The US dollar has experienced a significant decline in response to the Federal Reserve’s recent shift towards a more dovish stance. This change in policy has paved the way for potential trading opportunities on major currency pairs such as EUR/USD, USD/JPY, and GBP/USD.

USD/JPY: Japan Vacations Just Got More Expensive on Yen Surge
3 min read
Business

USD/JPY: Japan Vacations Just Got More Expensive on Yen Surge

The recent surge in the value of the Japanese yen against the US dollar has resulted in Japanese vacations becoming more expensive for American tourists. As the exchange rate reached new heights, travelers from the United States are feeling the pinch when converting their dollars into yen.

USD/JPY Weekly Forecast: Markets Peel Back Hopes for BoJ Policy Change
3 min read
Business

USD/JPY Weekly Forecast: Markets Peel Back Hopes for BoJ Policy Change

Investors are adjusting their expectations for a possible policy change from the Bank of Japan (BoJ) this week, as the recent surge in COVID-19 cases dampens hopes for a possible shift in monetary stance. The USD/JPY pair is facing downward pressure due to the market’s changing sentiment.