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USDJPY Technical Analysis

The USDJPY pair continues to consolidate just beneath the cycle high ahead of the US CPI report. What’s next?

BoJ s Ueda: If trend inflation accelerates toward 2% inflation target, possible to reduce monetary stimulus

Further comments coming in from Bank of Japan (BoJ) Governor Kazuao Ueda, as he continues to speak on the inflation and policy outlook.

Japanese Yen slides back closer to multi-decade low against USD, bears retain control

The Japanese Yen (JPY) witnessed an intraday turnaround from over a two-week high touched against its American counterpart on Friday and finally settled near the lower end of its daily trading range.

USD/JPY on the verge of hitting multi-decade highs

You will recall that the Bank of Japan (BoJ) increased its Policy Rate to +0.00%/0.10% in March, pulling the rate out of negative territory.

USDJPY Technical Analysis

The USDJPY pair remains stuck in a consolidation beneath the cycle high. What’s next?

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