Forex Opinion & Analysis

Japan Intervenes in the Yen for the first time since November 2022Will it work? Have we seen a top in USD/JPY? Let's go through the charts

The EURJPY and other XXXJPY pairs surged lower following the "speculated" BOJ/MOF intervention in European trade today. Although many pairs hit some key levels, the EURJPY was particularly interesting...

USDJPY maintains bullish pattern after suspected interventionEURUSD remains trapped below 20-SMA ahead of flash CPIWTI oil futures wait for the next bullish catalyst below key resistanceFOMC policy...

Bullish:  Currently we are at 1.2533 in a channel.  With this breakout, we are looking to continue to the ATR target @ 1.2589 with a further target the 1.270 Fibo @ 1.2603.   ...

Fed Chair Powell's remarks after the May 1st decision will shape monetary policy expectations going forward. Key data dump this week: PMI, unemployment, and jobs data will shed light on economic...

The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have intervened in the currency...

Fed meets on Wednesday as US inflation stays elevated Will Friday’s jobs report bring relief or more angst for the markets?Eurozone flash GDP and CPI numbers in focus for the euro Chinese PMIs...

The Australian dollar has posted four straight winning sessions this week and is in positive territory on Friday. In the European session, AUD/USD is trading at 0.6534, up 0.24%. The Aussie has...

BoJ has kept rates near zero, following which the yen tumbled to 34-year low against US dollar. A weaker yen could boost exporters but hurt consumers, stoking intervention fears. For the USD/JPY, 157...

The Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%.It has been a busy Friday in Japan. Japanese inflation data, which was released just...

By Daniela Sabin Hathorn, senior market analyst at Capital.comThe US economy grew 1.6% in the first quarter of 2024. The actual figure was lower than the estimates of 2.5%, which caused some...

The dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%,...

USDJPY trades at its highest level since April 1990Momentum indicators flag extremely overbought conditionsFor now, Japanese authorities seem reluctant to interveneUSDJPY has been in a steady uptrend...