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USDJPY Sinking on Hawkish BOJ Expectations

BOJ Rate Hike Bets SoaringUSDJPY is on watch as we move through the back end of the week. The pair has broken down to fresh YTD lows today as hawkish BOJ expectations continue to drive JPY higher. The...

USDJPY Sinks On Stronger Japanese Data

Strong Yen on MondayUSDJPY has come under fresh selling pressure on Monday amidst an uptick in BOJ tightening expectations. The shift comes in response to data overnight which showed that the Japanese...

USDJPY Spikes Higher Following Powell Comments

Yen Falling Hard MidweekDespite coming under pressure elsewhere in FX markets today, the Dollar is rallying firmly against the Japanese Yen. The higher-for-longer view on US rates has seen JPY coming...

Bearish USDJPY Channel Break

Yen RallyingUSDJPY is firmly lower this week as a stronger Japanese Yen and receding US trade-war risks have weighed on the greenback. A hike from the BOJ at its latest meeting along with hawkish...

Yen Traders Brace For BOJ

BOJ on WatchUSDJPY is trading in a clear holding pattern ahead of the BOJ rate decision due overnight tonight. The bank is widely expected to hike rates by a further .25%. Given that such a move is...

USDJPY Selling Spikes on JPY CPI Jump

Yen Rallying on Inflation JumpThe rally in the Japanese Yen is gathering pace ahead of the weekend with USDJPY continuing to reverse lower. Overnight, the latest Tokyo CPI data showed inflation...

USJDPY Reversing on Hawkish BOJ Chatter

USD SofteningUSDPY has come under heavy selling pressure this week amidst a softening in USD and a resurgence in JPY strength. On the Dollar front, month-end flows seem to be favouring an unwinding of...

Will USDJPY Rally Spark Fresh BOJ Action?

Yen Weakness ContinuesThe risk of fresh BOJ intervention in FX markets is growing today as USDJPY continues to ramp higher. The pair is now close to fully undoing the more than 13% decline we saw on...

USDJPY Rally Continues Ahead of BOJ

Yen Weakness ContinuesUSDJPY continues to climb higher ahead of the Bank of Japan meeting later this week. On the back of the political upset seen in the recent Japanese elections, the BOJ is expected...