A Week of Two HalvesThe USDJPY has settled the North American session marginally higher on the day, capping off a week defined by up-and-down volatility.The Lows: Sellers controlled the early action, pushing the price to a weekly low of 154.89 during Monday's session.The Highs: Buyers fought back... Read more
Forexlive - Dec 12
Fundamental OverviewThe USD has been weakeningacross the board ever since Fed’s Williams endorsed a December rate cut. Thegreenback then extended the losses further following a series of soft US datathat strengthened the case for a December cut. The probability for aDecember cut is now at 86%, wh... Read more
Forexlive - Dec 04
Fundamental OverviewThe USD weakened across theboard recently following soft ADP data and a Bloomberg report saying that Hassett emerged as thefrontrunner for the Fed Chair position. The greenback was alreadyunder some pressure caused by Fed’s Williams endorsement for a December cut last Friday. ... Read more
Forexlive - Nov 27
The USDJPY is continuing its run to the upside trading to a new intraday high at 151.11.The next key target comes in at 151.307, the top of a swing area between 150.757 and 151.307. This zone stretches back to February 2024, where it repeatedly acted as both support and resistance. Since February... Read more
Forexlive - Oct 07
FundamentalOverviewThe USD continues to remainone of the weakest major currencies as the good news on the tariffs front and thelower than expected US inflation figures of last week kept the positive risk sentimentgoing. The market is still expecting roughly two rate cuts by year-end for theFed bu... Read more
Forexlive - Jul 25
