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USDJPY - USD/JPY: Buyers Target 160 Yen Breakout as Carry Trade Dominates
The US dollar continues to find buyers on dips against the Japanese yen despite recent intervention. The US dollar has fallen initially during trading on Thursday again, but just like we've seen over ...
USD/JPY Price Forecast: Bulls cautious below 159.50, 50% Fibo. caps upside on soft USD
The USD/JPY pair trades with a mild negative bias below mid-159.00s during the Asian session on Friday, though it remains close to a nearly two-week high touched the previous day.
USD/JPY forecast as US and BoJ forex intervention backfires
As such, analysts believe that the Japanese yen will only have a sustained uptrend against the US when the BoJ hikes interest rates further. The BoJ has hinted that it may hike rates further this year ...
Yen intervention: what history tells us about last week's dramatic USD/JPY reversal
Coordinated US-Japan intervention sent USD/JPY from 164 towards 155. We look at what history tells us about the impact and whether it can last.
USD/JPY Clawing Back Up After Intervention Shock And What It Signals
USDJPY trading pair dropped significantly less than two weeks ago, yet the US dollar has been making small but consistent gains recently.