The USD/JPY weekly forecast suggests growing pressure for rate hikes in the BOJ. The dollar and Treasury yields recovered during the week after the Fed cut rates by 25-bps. The Bank of Japan held interest rates as expected. The USD/JPY weekly forecast tilts to the downside as the internal pressure grows in the Bank of...

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The USD/JPY weekly forecast indicates further weakness in the US labor market. The US economy added only 22,000 jobs in August. Next week, the US will release its consumer and wholesale inflation reports. The USD/JPY weekly forecast indicates further weakness in the US labor market, which supports a more dovish Fed. Ups and downs of...

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The USD/JPY weekly forecast points to cautious tones from Powell and Ueda. The yen gained after Prime Minister Ishiba said he would stay on. A surprise trade deal between Japan and the US boosted the yen. The USD/JPY weekly forecast points to cautious tones during next week’s Fed and Bank of Japan policy meetings. Ups...

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The USD/JPY weekly forecast indicates improving risk appetite. The US said it was ready to lower tariffs on China to 50% and start negotiations. Market participants will focus on the Bank of Japan policy meeting. The USD/JPY weekly forecast is bullish as improving risk appetite weighs on the safe-haven yen, pushing the pair higher. Ups...

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Japan released data showing solid wage growth. A pause in US tariffs weakened the greenback. US employment figures revealed a drop in job growth and lower unemployment. The USD/JPY weekly forecast is bearish amid increasing bets for a Bank of Japan rate hike, boosting the yen. Ups and downs of USD/JPY The USD/JPY pair ended...

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US core inflation missed forecasts in December.  US retail sales increased by a smaller-than-expected figure. Bank of Japan policymakers signaled a willingness to hike interest rates. The USD/JPY weekly forecast indicates growing anticipation for a Bank of Japan rate hike that is supporting the yen. Ups and downs of USD/JPY The USD/JPY pair ended the...

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US consumer price pressures accelerated in November. Data this week solidified bets for a December Fed rate cut. The likelihood of a December BoJ rate hike fell. The USD/JPY weekly forecast suggests continued dollar strength as markets price a more gradual Fed next year. Ups and downs of USD/JPY The USD/JPY pair had a bullish...

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The yen rallied on a higher likelihood of a Bank of Japan rate hike in December.  Core inflation in Tokyo increased more than expected.  US inflation figures came in line with expectations. The USD/JPY weekly forecast supports further downside for the pair as the yen finds relief due to the increasing bets for a BoJ...

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US jobless claims fell more than expected, indicating solid demand for labor.  US PMI data showed growth in the manufacturing and services sectors. Tokyo CPI numbers showed inflation easing below the central bank’s 2% target. The USD/JPY weekly forecast supports further upside as markets anticipate a gradual Fed rate-cutting cycle and a less hawkish BoJ....

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The yen rallied after Shigeru Ishiba won Japan’s election. Ishiba supports the recent Bank of Japan policy moves. The dollar fell due to softer-than-expected inflation numbers. The USD/JPY weekly forecast leans South due to an increased likelihood of more rate hikes in Japan and cuts in the US. Ups and downs of USD/JPY  The USD/JPY...

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