|Day's range||0.0071 - 0.0072|
|52-week range||0.0066 - 0.0079|
The US dollar has fallen during the course of the trading week, but started to see buyers as we approach the crucial ¥138 level.
The US dollar has pulled back just a bit during the trading session on Thursday but have found enough buyers underneath to push the market to the upside.
The US dollar initially fell during the trading session on Wednesday, as it looks like we are getting a little heavy. However, we have seen buyers come back again.
(Bloomberg) -- Warnings of official intervention may have come earlier than some yen watchers expected, but just like last year they are focusing on the pace of declines in the Japanese currency rather than any specific levels.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into Earth’s CrustWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesTwitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity SaysJPMorgan Builds Unit for World’s Richest Fami
Yahoo Finance Live's Rachelle Akuffo discusses China's economy amid the country's COVID recovery, as well as Elon Musk and Jamie Dimon visiting China this week.
The US dollar has pulled back a bit against the Japanese yen, giving back some of the monster run we have seen recently.
(Bloomberg) -- Japan’s top currency official warned that the government would take action if needed in comments that follow a weakening of the yen to its lowest levels since last November.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Defenses After Drone Strikes on MoscowStock Rally Loses Steam After AI-Fueled Euphoria: Markets WrapMcCarthy Confident on Debt Vote Despite Hard-Line Ouster ThreatTaiwan Rushes to Prevent China From
The US dollar initially tried to rally against the Japanese yen on Monday but found a bit of resistance above, and it now looks like it’s ready to pull back a bit.
(Bloomberg) -- Speculators ramped up their bearish stance on the yen to the highest in nearly a year as the currency extended its slide against the dollar with markets boosting bets on the Federal Reserve hiking rates.Leveraged funds increased their net-short position on the yen by 10,986 contracts to 53,706, the highest level since June last year, according to data from the Commodity Futures Trading Commission for the week through May 23. The yen has dropped more than 3% in May, the third-worst
The US dollar has broken higher against the Japanese yen during the trading week to break above the ascending triangle.
The US dollar initially pulled back during the day on Friday but found plenty of buyers underneath to turn things back around.
(Bloomberg) -- The yen weakened beyond 140 per dollar for the first time since November as traders moved to price in another Federal Reserve interest-rate increase, underscoring diverging expectations of monetary policy in Japan and the US. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionaire
The greenback continues to look for momentum, as the market is sitting just above the recent ascending triangle.
Artificial Intelligence (AI) has been a hot topic in the world of trading for decades. Will AI ever be able to outperform humans in making potentially profitable decisions?
The US dollar has pulled back just a bit during the trading session on Monday, but continues to find plenty of support underneath.
(Bloomberg) -- Things may get even worse for Japanese currency bulls after the yen touched its lowest level against the greenback this year and traders get closer to erasing their bets on a central bank policy tweak. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseBiden Says US-China Relations Set to Improve ‘Very Shortly’Meta Fined Record €1.2 Billion in EU Over US Data TransfersMexico Raises Alert Level on Volcano Rumbling Near CapitalThe yen closed at 137.98
The US dollar has rallied significantly this week to break above a significant resistance barrier near the ¥138 level, showing continued strength against the Japanese yen.
The US dollar pulled back a bit during the trading session on Friday to test the previous resistance and confirm market memory.
(Bloomberg) -- The yen touched its lowest this year against the dollar amid receding speculation the Bank of Japan will deliver an early tweak to its yield-curve control policy. Most Read from BloombergWall Street Fears $1 Trillion Aftershock From Debt DealDisney Drops Plan to Move Workers to Florida, Closes HotelSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedUkraine Leader Zelenskiy to Visit Hiroshima in Bid
The US dollar initially fell a bit during the trading session on Thursday but then turned around to show signs of strength yet again. It looks as if the ¥138 level is being threatened.
The US dollar rallied a bit during the trading session on Wednesday, as we continue to see more upward pressure in this pair against the Japanese yen.
The US dollar has pulled back just a bit during the trading session on Tuesday, as we are stabilizing after the move higher.
The US dollar has rallied against the Japanese yen during trading on Monday, to kick off the trading week on the right foot.
The US dollar initially fell during the week but then turned around to show signs of life again. By doing so, we have ended up forming a hammer.
The US dollar has rallied a bit against the Japanese yen during the trading session on Friday as we continue the recovery from Thursday.