The USD/JPY pair dipped near 154.30 during the European session on Thursday (1/30). The asset weakened as the Japanese Yen (JPY) performed strongly across the board amid growing expectations that the Bank of Japan (BOJ) will continue to raise interest rates this year.
BoJ hawkish bets have been rising on the assumption that Japan's spring wage negotiations will result in another strong hike this year. On Thursday, BOJ Deputy Governor Ryozo Himino also said that the central bank "will raise interest rates if the economy and prices move in line with expectations."
Meanwhile, the US Dollar (USD) traded sideways after the Federal Reserve's (Fed) first monetary policy decision of the year left interest rates unchanged in the 4.25%-4.50% range, as expected. Fed Chair Jerome Powell has directed that the central bank will resume its policy easing cycle only if it sees progress in disinflation toward the central bank's 2% target or weakness in the labor market. (AL)
Source: FXstreet
The Japanese yen strengthened, breaking through 152 per US dollar on Wednesday (October 29th), continuing its two-day rally. Market participants are positioning themselves ahead of this week's Bank of...
The USD/JPY pair extends the rally to a two-week high near 152.65 during the early Asian session on Friday. The Japanese Yen (JPY) weakens against the US Dollar (USD) as traders weigh fresh US sanctio...
The Japanese yen weakened earlier this week following reports that the Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP) had agreed to form a coalition government. This agreement ope...
USD/JPY pair edges higher to near 150.35, the highest since August 1, during the early Asian session on Tuesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) on political stability conce...
Politics dominated currency markets on Monday as the Japanese yen weakened by the most against the dollar in five months as Sanae Takaichi looked set to become Japan's next prime minister, while the e...
Stocks were lower Thursday as investors digested a batch of Big Tech earnings, while a meeting between President Donald Trump and Chinese President Xi Jinping concluded. The Dow Jones Industrial Average shed 131 points, or 0.3%. The S&P 500...
The European Central Bank (ECB) announced on Thursday (October 30th) that it kept its key interest rates unchanged after its October policy meeting, as expected. This decision leaves the main refinancing operations rate, the marginal lending...
The US dollar traded higher for the second consecutive day against a basket of currencies. The greenback strengthened sharply on Wednesday, following hawkish comments from Fed Chairman Jerome Powell, extending its gains to the 99.25 area in...
Asian stock markets opened higher on Wednesday (October 29th), buoyed by positive sentiment from Wall Street. Investors are confident that the...
The European session on Tuesday, October 28, 2025, opened on a more cautious note. After consecutive rallies and a new record on the STOXX 600...
European stocks weakened slightly on Wednesday (October 29, 2025), after several consecutive days of record highs. The STOXX 600 index fell by...
Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the...