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Tag Archives: Yen

Yen Surges on BOJ Rate Hike Expectations 

BOJ Poised for Rate Hike Amid Wage Growth Optimism  The yen is set for its strongest weekly performance in over a month, driven by growing expectations that the Bank of Japan (BOJ) will raise interest rates next week, pressuring the dollar ahead of Donald Trump’s potential return to the White House. The USD has dropped […]

Written on January 18, 2025 at 10:39 am, by

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Categories: Market News (New), Market Outlook (New), News

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USDJPY continues to soar, beware of the 159 price level 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for JAN 7, 2025.  Fundamental Analysis  USDJPY Key Takeaways  Technical Analysis  USDJPY Daily Chart Insights  (USDJPY Daily Price Chart, Source: Ultima Markets MT4)  USDJPY 1-hour Chart Analysis  (USDJPY H1 Price Chart, Source: Ultima Markets MT4)  USDJPY Pivot Indicator  (USDJPY M30 Price […]

Written on January 7, 2025 at 4:17 pm, by

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Categories: Analysis, Market Outlook (New), Technical analysis

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Yen Tumbles as BOJ Signals Cautious Approach 

BOJ Holds Rates Steady Amid Inflation Risks  Interest rates were left unchanged in the latest decision by the BOJ last Thursday, with its governor holding back from giving the strong guidance on when its borrowing costs may rise, thereby helping push the yen down while weighing on bond yields on renewed scepticism of an imminent […]

Written on December 20, 2024 at 5:04 pm, by

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Categories: Market News (New), Market Outlook (New), News

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