The USD/JPY outlook remains broadly bullish with mild pullbacks amid intervention fears. The US dollar gains safe-haven demand due to political chaos in Japan and Europe. Investors are eying consumer sentiment data today for more impetus. The US dollar trades mixed against the Japanese yen on Friday after marking a fresh eight-month top above the...

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The USD/JPY forecast remains bearish as the BOJ tilts closer to a rate hike. The risk of a US government shutdown and higher JGB yields support the bearish narrative in USD/JPY. Markets are now watching the JOLTS job opening data, along with key speeches, for further impetus. The Japanese yen gained solid ground on Tuesday,...

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The USD/JPY outlook suggests some strength in the yen after Friday’s slightly hawkish BoJ policy meeting. Japan has to choose a new prime minister on October 4th. Traders will watch Fed policymakers’ remarks for more clues on rate cuts. The USD/JPY outlook suggests some strength in the yen after Friday’s slightly hawkish Bank of Japan...

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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 price analysis shows increasing pressure within the Bank of Japan to hike interest rates. BoJ policymakers Hajime Takata and Naoki were ready to hike interest rates. The dollar continued its recovery after the Fed meeting. The USD/JPY price analysis shows increasing pressure within the Bank of Japan to hike interest rates, which briefly...

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The USD/JPY price analysis indicates a weak dollar as market participants gear up for a likely Fed rate cut. A dovish Fed tone could further weigh on the greenback. Traders are uncertain about Japan’s politics as the country prepares to choose a new prime minister. The USD/JPY price analysis indicates a weak dollar as market...

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The USD/JPY price analysis points south as the yen finds relief from political uncertainty. Traders are pricing a 12% chance of a massive Fed rate cut in September. The US will release benchmark revisions for jobs data between April 2024 and March 2024. The USD/JPY price analysis points south as the yen finds relief from...

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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 forecast indicates continued yen weakness amid political uncertainty in Japan. The Secretary General of Japan’s ruling party is planning to resign. Economists are predicting a low US job growth of 75,000.  The USD/JPY forecast indicates continued yen weakness amid political uncertainty in Japan. Meanwhile, the dollar is on the front foot as market...

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The USD/JPY outlook shows the yen in a stronger position as the dollar eases. New York Fed Chief John Williams said a rate cut is possible. Market participants are eagerly awaiting a key US inflation report scheduled for release on Friday. The USD/JPY outlook indicates the yen is in a stronger position as the dollar...

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