Speaking at a regular news conference on Monday, Japanese Chief Cabinet Secretary Yoshihide Suga said the situation in Hong Kong is deeply concerning, adding that the stability is important.
His comments come in response to China’s decision to impose a new security law on Hong Kong last month, which
USD/JPY Outlook (02 June 2020)
Overall, USD/JPY is trending upwards. Recently USD/JPY has been moving below the resistance zone of 107.800. Currently, USD/JPY is testing the resistance zone of 107.800 and the next support zone is at 106.200. Look for selling opportunities of USD/JPY
USD in trouble, riots, trade, economy, COVID-19, bad data all weighing.
USD/JPY holding ground as equities remain better bid.
USD/JPY is currently trading at 107.54 and holding steady on Tokyo as markets soak up the start of the week's news pertaining to riots in the US, the US and China stand-of
EUR/USD, “Euro vs US Dollar”
After finishing another ascending wave at 1.1111, EURUSD is consolidating around 1.1118. Possibly, the pair may expand the range up to 1.1157 and then return to 1.1118. If later the price breaks the range to the upside, the market may start a new growth towards 1.1192; i
EUR/USD, “Euro vs US Dollar”
EUR/USD is trading at 1.1137; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1105 and then resume moving upwards to reach 1.1245. Another signal in fav
The yen has strengthened amid a sputtering price action in global equity markets, while the dollar, despite this backdrop, underperformed, including against commodity currencies. USD-JPY fell nearly 0.5% in posting an 11-day low at 107.08. EUR-JPY ebbed by about 0.3%, retracing around a half of yest
Sellers are back in near-term control on a break under the key hourly moving averages, and notably driving price below some near-term support around 107.34-40.
That has seen the yen accelerate gains ...
Speaking to reporters on Friday, Japanese Finance Minister Taro Aso said that the country’s fiscal situation will deteriorate further ahead as tax revenue will likely decline.
"We must aim for tax revenue increase by reviving the economy, not by tax hikes."
"The jobless rate wil
USD/JPY extends pullback from 107.95 to probe weekly low.
Headlines from China, Hong Kong strengthens the early-Asian risk-off sentiment.
Bearish MACD, trade dears signal further declines, 200-bar SMA offers immediate support.
Weekly ascending trend line could challenge buyers beyond the support-
The dollar dropped back as risk appetite picked up on news that Japan and the EU are moving closer to finalizing massive recovery funds, along with hopes for extra ECB stimulus. The narrow trade-weighted USD index has tumbled back under 99.00 and printed a 24-day low at 98.72. The euro rose against
USD/JPY Analysis 05/27:
Odds today: Buy #USD/JPY
Noted: Despite being sold off yesterday, #USD/JPY has not broken any important price peaks to clearly confirm the next trend. Buying #USD/JPY is more f...
The dollar and yen have weakened against most other currencies as risk appetite came coursing back. The narrow trade-weighted USD index (DXY) dipped by over 0.3% in printing a five-day low at 99.60, correcting from yesterday's eight-day high at 99.97. EUR-USD concurrently lifted to a five-day high a