Tag Archives: Yen
Focus on USDJPY today – 27th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for June 27, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Yen Plummets to Multi-Year Lows, Nearing Intervention Threshold
The Japanese yen weakened to around 159.40 per dollar, nearing the 160 level that prompted market intervention by authorities in late April. In response, Japan’s top currency diplomat Masato Kanda stated the government’s readiness to act against speculative currency movements. Concurrently, the US Treasury added Japan to a watchlist for potential currency manipulation. These developments […]
Focus on USDJPY today – 13th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for June 13, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Japanese Stocks Climb, Yen Plummets as BOJ Maintains Rates
On Friday, the Nikkei 225 Index rose by 0.84%, ending the day at 37,943.50, and the broader Topix Index went up by 0.86%, finishing at 2,686.45. The surge made up for most of the previous session’s downturn, following the Bank of Japan’s expected decision to keep interest rates unchanged. Additionally, the Bank removed the previous […]
Focus on USDJPY today – 26th April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 26th April 2024. Key Takeaways Technical Analysis Weekly Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Japan’s Core Inflation Cools Unexpectedly, U.S. Acknowledges Japan and South Korea’s Currency Woes
Japan’s core consumer price index, which excludes fresh food but includes fuel costs, rose 2.6% year-over-year in March 2024, decelerating from a four-month high of 2.8% in February. Despite the slowdown, the core inflation rate remained above the Bank of Japan’s (BOJ) 2% target for the 24th consecutive month. The deceleration was attributed to mild […]
Focus on USDJPY today – 17th April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 17th April 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on USDJPY today – 22nd March 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 22nd March 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on USDJPY today – 19th March 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 19th March 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Japan Dodges Recession with Capex Driving Q4 GDP Expansion
In the last quarter of 2023, Japan’s Gross Domestic Product (GDP) experienced an increase of 0.1% QoQ, contrary to the initial reports that predicted a 0.1% decrease, and the 0.8% decrease seen in the third quarter. The slight rise helped the economy avoid going into the predicted recession. Interestingly, this increment was supported by an […]