USDJPY Daily Outlook Analysis The USD/JPY pair is currently trading at 150.218 and is showing signs of a recovery in the long-term downtrend within a descending channel. Prices recently recovered within the lower channel range at 147.920, indicating...
Market Fundamentals: A stronger Producer Price Index (PPI) from Japan has increased the likelihood of further monetary tightening by the Bank of Japan (BoJ), which, along with ongoing geopolitical risks, continues to support the safe-haven Japanese...
Market Fundamentals: US Consumer Price Index (CPI) data for February showed inflationary pressures remained persistent, but still largely aligned with market expectations, providing some reassurance for investors. Headline CPI held steady at 0.2%...
USD/JPY Technical and Fundamental Analysis The USD/JPY pair is currently in an uptrend on the H1 timeframe, breaking its previous structure and moving into a bullish market trend. The price is trading between key support and resistance levels with...
Market Fundamentals: While the Governor expressed moderate confidence that inflation will return to the bank's 2% target, she also acknowledged that upside inflation risks had eased but were not entirely gone. When asked about the possibility of a...
