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Japanese Yen s Slide Pauses but for How Long? USD/JPY, EUR/JPY, MXN/JPY Price Setups

The retreat in US Treasury yields amid a scaling back in US Federal Reserve rate hike expectations this year appears to have put a lid on USD/JPY.

Kazuo uedaManish jaradiMexican peso vs japanese yenPrice action

Japanese Yen Steady After Cpi Usd/Jpy, Aud/Jpy, Cad/Jpy, Mxn/Jpy Price Action

Japanese Yen Steady After Cpi Usd/Jpy, Aud/Jpy, Cad/Jpy, Mxn/Jpy Price Action
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Japanese Yen Steady After CPI; USD/JPY, AUD/JPY, CAD/JPY, MXN/JPY Price Action

The Japanese yen was steady even as price pressures in Japan re-accelerated last month amid the growing view that inflation is peaking. What does this mean for USD/JPY, AUD/JPY, CAD/JPY, and MXN/JPY?

Kazuo uedaManish jaradiAustralian dollarCanadian dollarMexican peso vs japanese yenTokyo juneJapanese yenRelative strength index

Cracks Emerge in Japanese Yen s Downtrend; USD/JPY, CAD/JPY, MXN/JPY Price Setups

The Japanese yen looks set this week to shed some of its gains against some of its peers, but cracks are starting to emerge in the Japanese currency’s broader downtrend that could limit any weakness.

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