USD/JPY (JPY=X)
- Bloomberg
Yen’s True Value Could Offer Support Once BOJ Pivots, BofA Says
(Bloomberg) -- The yen’s fair value could offer support if Japan’s central bank joins the hawkish global wave or the US economy dips close to a recession -- should valuations be any guide, according to an analysis by Bank of America.Most Read from BloombergHyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesRep. Mary Miller Calls Roe Decision ‘Victory for White Life’Germany Pushes for G-7 Reversal on Fossil Fuels in Climate BlowRussia Is Hours Away From Its First Foreign Default in a
- FX Empire
USD/JPY Weekly Price Forecast -The US Dollar Gives Up Early Gains
The US dollar initially rallied during the trading week, breaking above the ¥136.50 level. The candlestick for the week does look a bit like a shooting star, so perhaps we are getting ready for some type of pullback or consolidation.
- FX Empire
GBP/JPY Weekly Price Forecast – The British Pound Gives Up Early Gains for the Week
The British pound initially shot higher against the Japanese during the course of the week, but then pulled back to show signs of exhaustion.
