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USDJPY - USD/JPY Forecast: Intervention Threats Pause Yen’s Decline
The USD/JPY forecast witnessed a slightly bearish shift on Wednesday as the weak yen staged a comeback amid intervention.
USD/JPY Price Analysis: Remains above 151.00 post retreating from a yearly high
The immediate support at 151.00 comes into play, with the 21-day Exponential Moving Average (EMA) at 149.76 serving as the next support level. A decisive break below the latter could open the door for ...
USD/JPY Analysis: Bulls turn cautious amid intervention fears, ahead of Fed decision
In the meantime, hawkish Fed expectations remain supportive of elevated US Treasury bond yields, which continue to act as a tailwind for the USD and help limit any meaningful corrective decline for ...
USD/JPY Forecast: The US Labor Market and the Fed in Focus Amid Intervention Hype
USD/JPY’s short-term forecast: From intervention concerns to a hawkish Fed, factors shaping the Yen’s path to 152. The USD/JPY rallied 1.75% on Tuesday. Reversing a 0.36% fall from Monday, the USD/JPY ...
USD/JPY on Cusp of Testing 2022 High as BoJ Only Tweaks YCC
USD/JPY trades to a fresh yearly high (151.70) even as the Bank of Japan (BoJ) tweaks its Yield Curve Control (YCC) program, and the exchange rate may track the positive slope in the 50-Day SMA ...