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Japan PM Kishida says closely monitoring recent yen weakness

Japan PM Kishida says closely monitoring recent yen weakness

  • Kishida says that they are closely cooperating with the BOJ
Justin Low
Justin Low
Friday, 10/05/2024 | 09:46 GMT-0
10/05/2024 | 09:46 GMT-0
Technical Analysis

USDJPY Technical Analysis – The bullish bias remains intact

USDJPY

USDJPY Technical Analysis – The bullish bias remains intact

  • The bullish momentum waned a bit in the USDJPY pair as we get closer to the US CPI report, but the uptrend remains intact. What’s next?
Giuseppe Dellamotta
Giuseppe Dellamotta
Friday, 10/05/2024 | 09:06 GMT-0
10/05/2024 | 09:06 GMT-0
News

USD/JPY settles below 156 amid a modest recovery this week, what's next?

USD/JPY settles below 156 amid a modest recovery this week, what's next?

  • The pair has nearly halved the losses from the Japan intervention last week
Justin Low
Justin Low
Friday, 10/05/2024 | 08:14 GMT-0
10/05/2024 | 08:14 GMT-0
News

USD/JPY on the rise - earlier jaw boning from Finance Minister Suzuki was just the usual

USD/JPY on the rise - earlier jaw boning from Finance Minister Suzuki was just the usual

  • Suzuki didn't say anything to scare yen bears, more of the same from him
Eamonn Sheridan
Eamonn Sheridan
Friday, 10/05/2024 | 02:32 GMT-0
10/05/2024 | 02:32 GMT-0
Central Banks

Ex-BOJ Watanabe says Bank of Japan must avoid raising interest rates to combat a weak yen,

Ex-BOJ Watanabe says Bank of Japan must avoid raising interest rates to combat a weak yen,

  • Watanabe says that higher borrowing costs would hit consumption and services inflation
Eamonn Sheridan
Eamonn Sheridan
Friday, 10/05/2024 | 01:27 GMT-0
10/05/2024 | 01:27 GMT-0
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