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USD/JPY Outlook: US Dollar Rises on Trade News, Yen Ignores

Japanese Yen remains on defensive against mildly

Hace 3 días It made the most ground against the Japanese yen (JPY) amid a risk-on start to the week, despite the Bank of Japan Japanese yen futures pulled back after recent highs, as

US says it agreed with Japan that dollar-yen reflects fundamentals

Japanese Yen reverses intraday losses against USD;

USD/JPY Forecast – US Dollar Continues to See Buyers Despite Dip

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U.S. Dollar Gets Buyers Against Japanese Yen Despite the Dip

The dollar briefly jumped to 144.40 yen after the U.S. statement, but the lack of confirmation from the Japanese side pushed back the greenback below 143.50 yen.

Hace 3 días The euro was last down 0.35% against the greenback at $1.1288. Against the Japanese yen, the dollar strengthened 0.33% to 144.8. The dollar index rose 0.39% to 99.92.

However

However, despite the dip, currency traders are taking entry positions in the U.S. dollar and not the Japanese yen. The forex market continues to see buyers in the U.S.

US Dollar vs Japanese Yen Technical Analysis. The US Dollar really did fall during trading day in the dollar yen. That being said, this was thanks to CPI numbers coming

USD/JPY Forecast – US Dollar Continues to See Buyers on Dips

At this point

At this point, it looks as if we are trying to test the ¥160 level, an area where the Bank of Japan had previously intervened. The U.S. Dollar has initially pulled back just a bit during the

USD/JPY Outlook: US Dollar Rises on Trade News, Yen

Dollar gains on trade optimism, yen slips By Reuters - Investing.com