The Japanese Yen (JPY) struggles near a three-week low against its American counterpart during the Asian session on Tuesday and seems vulnerable to prolonging a two-week-old downtrend.
US President Donald Trump showed willingness to engage in trade negotiations, fueling hopes for a US-Japan deal before the August 1 deadline and lending some support to the JPY. Meanwhile, the optimism boosts investors' appetite for riskier assets and acts as a headwind for the safe-haven JPY.
Furthermore, bets that the Bank of Japan (BoJ) would keep interest rates low for longer than it wants amid concerns about the economic fallout from higher US tariffs contribute to capping the JPY.
Apart from this, political uncertainty ahead of Japan's upper house elections on July 20 might hold back the JPY bulls from placing aggressive bets. Traders also seem reluctant ahead of the US consumer inflation figures, which will provide some meaningful impetus to the US Dollar (USD) and the USD/JPY pair.
Source: FXStreet
The USD/JPY pair weakened in Asian trading on Monday, hovering around 156.20 and briefly approaching 156.00. This weakening occurred after the Japanese Yen (JPY) strengthened, following signals from t...
The Japanese yen is the worst-performing major currency against the US dollar throughout 2025, despite the Bank of Japan (BOJ) raising interest rates. Even with further tightening measures, the yen co...
The Japanese yen weakened slightly during the Asian session on Wednesday, as investors remained cautious while awaiting the Bank of Japan (BoJ) policy update. Market focus now turns to the two-day BoJ...
The USD/JPY pair weakened to around 155.10 at the start of the Asian session on Tuesday. The yen strengthened slowly as markets became increasingly confident that the Bank of Japan (BoJ) would raise i...
The Japanese yen (JPY) remains under pressure and is trending slightly lower against the US dollar in the Asian session on Friday. Investors are concerned about Japan's increasingly strained financial...
Gold price rises on Friday, poised to end with weekly gains of nearly 4% as an employment report in the US was mixed, with the economy adding fewer jobs than projected. Still, the Unemployment Rate ticked lower, yet investors are still betting the...
Harga emas kembali menguat pada perdagangan terbaru setelah sempat tertekan, didorong oleh melemahnya dolar AS dan turunnya imbal hasil obligasi pemerintah AS. Investor kembali memburu emas sebagai aset lindung nilai di tengah ketidakpastian arah...
Silver is currently hovering around $77,430, likely awaiting triggers from the US dollar and yields. If the dollar strengthens, silver is usually resilient; if the dollar weakens, silver rises more easily.Fundamentals are still supported by safe...