Fundamental analysis of USD/JPY

15.11.2022The Japanese yen against the US dollar is getting every moment weaker. The current USDJPY quote is 140.54.The morning Japanese statistics show that in Q3 the GDP of the country dropped by 1.2% y/y, while the forecast was a decline by 1.1% y/y. Quarter-wise, the decline was 0.3% against the...

20.10.2022The Japanese yen paired with the US dollar has fallen to another low in more than 30 years. The current quote in the USDJPY is 149.94. The devaluation of the yen is "in full swing" and this is now really scaring the monetary authorities in Japan. The situation is clearly spiralling out of ...

19.10.2022The Japanese yen paired with the US dollar has updated another low. The current quote in the USDJPY is 149.38. The depreciation of the yen seems to have gained a "second wind" - the rate of decline of the Japanese currency has increased recently. It is likely that this is due to the fact t...

17.10.2022Japanese yen paired with the US dollar has returned to a devaluation strategy. The current quote in USDJPY is 148.70. It is close to a 32-year high.Morning statistics showed that Japan's final volume of industrial production for August rose to 3.4% y/y, while a gain of 2.7% y/y was expecte...

22.09.2022USDJPY is falling on Thursday after interventions by the Bank of Japan. The Japanese Yen reached stability against the USD. The current quote for the instrument is 142.85.The Yen was weakening against the USD yesterday but managed to reach stability this morning. The Japanese currency migh...

01.09.2022USDJPY is ready to update its multi-year lows again.The Japanese Yen is back to devaluating against the USD. The current quote for the instrument is 139.38.The “greenback” is extremely strong. In addition to that, market players didn’t get any signal from the Bank of Japan concerning the r...

26.08.2022Despite the strong “greenback”, USDJPY has been slowly falling the entire week. The Japanese Yen is retreating a little bit against the USD on Friday. The current quote for the instrument is 137.02.The statistics published in the morning showed that the Tokyo Core CPI was 2.6% y/y in Augus...

03.08.2022After moving away from its 8-week low, USDJPY is recovering. The Japanese Yen is falling against the USD on Wednesday. The current quote for the instrument is 133.17.The Yen was in demand when the US bond yield was plunging and the “greenback” was getting weaker, but these tendencies are n...

11.07.2022USDJPY reached new highs – the “greenback” continues to get stronger.The Japanese Yen plunged against the USD. The current quote for the instrument is 137.02.A new high for the pair is at 137.28.The USD keeps getting stronger, making the Yen retreat. Despite an unstable situation in the ma...

07.07.2022USDJPY is preparing a new attack on the highs.The Japanese Yen is slowly falling against the USD. The current quote for the instrument is 136.16.The statistics published by Japan in the morning showed that the Leading Economic Index dropped to 101.4 points in May after being 102.8 points t...

29.06.2022USDJPY is going around in circles; investors are ready to continue buying.The Japanese Yen is consolidating against the USD on Wednesday. The current quote for the instrument is 136.12.Nevertheless, this local calmness in the pair shouldn’t mislead anyone – the Yen does remain weak and fur...

22.06.2022USDJPY updated its 24-year highs and may continue rising.The Japanese Yen hit a new 24-year low against the USD. The current quote for the instrument is 136.25.The high in USDJPY is now at 136.71, and it seems like the sky is the limit.The reasons for the Yen depreciation are the same. Fir...

15.06.2022The Japanese yen started falling against the US dollar after a pause. The current quote is 135.02.The morning statistics demonstrated that orders for mechanical engineering produce in Japan in April grew by 10.8% m/m, being much higher than the expected -1.5%. In yearly perspective, the in...

09.06.2022After hitting a new 20-year low, USDJPY stopped.The Japanese Yen got even weaker against the USD. The current quote for the instrument is 133.82.A new high in USDJPY is at 134.56 – the asset continues to devalue. The process started on 27 May and the Yen has dropped 5.85% since that time. ...

08.06.2022USDJPY is moving to the upside and updating its 20-year highs. The Japanese Yen’s devaluation against the USD continues. The current quote for the instrument is 133.12.Just like yesterday, the “greenback” is supported by US bond yield growth. In this light, the Yen is forced to quickly ret...

07.06.2022USDJPY updated its 20-year highs.The Japanese Yen dropped to its 20-year lows against the USD on Tuesday. The current quote for the instrument is 132.94, the lowest since April 2002. The key trigger for this decline was US bond yield growth, which supported the “greenback” – it added 3.04%...

31.05.2022USDJPY is back to rising; demand for the “safe haven” Yen dropped. The Japanese Yen is falling against the USD on Tuesday. The current quote for the instrument is 128.05.The global risk attitude is currently quite positive. This is one of the reasons why the demand for the Yen declined. Th...

16.05.2022USDJPY moved away from its multi-month highs but the “greenback” has an ace in the hole.Early in another week of May, the Japanese Yen reached stability against the USD. The current quote for the instrument is 129.34.The statistics published in the morning showed that the Producer Price In...

28.04.2022USDJPY skyrocketed to its 20-year highs again after the BoJ’s meeting. The Japanese Yen hit new bottom against the USD. The current quote for the instrument is 130.59.The Bank of Japan has another meeting on Thursday and kept the basic parameters of its monetary policy intact. The benchmar...

26.04.2022USDJPY is slowly moving away from the multi-year highs.The Japanese Yen is trying to reach stability against the USD after plummeting to its 20-year lows. The current quote for the instrument is 127.85.The Yen devaluation attracted a lot of attention and it seems like market players finall...

21.04.2022After reaching new highs, USDJPY started a correction.Having updated its 20-year lows against the USD, the Japanese Yen reached stability but is still looking very weak. The current quote for the instrument is 128.05.The Yen dropped to 129.41 this week but later managed to correct a little...

18.04.2022After updating its 20-year high, USDJPY continues rising. The Japanese Yen remains very weak against the USD. The current quote for the instrument is 126.65.The JPY is mostly pressured by the “greenback” and the US Fed’s monetary policy. Because of high inflation, the American regulator ha...

12.04.2022USDJPY continues rising; the Yen is surrendering.The Japanese Yen continues its free-fall against the USD. The current quote for the instrument is 125.65.The Yen hasn’t been able to act as a “safe haven” asset for a long time, although financial and capital markets remain very rough. So, w...

05.04.2022USDJPY is slowly rising; demand for “safe haven” assets is rather low.The Japanese Yen is retreating against the USD again. The current quote for the instrument is 122.87.According to the statistics published today, Household Spending gained 1.1% y/y in February after adding 6.9% y/y in Ja...

31.03.2022USDJPY is falling after updating its 7-year highs.The Japanese yen is recovering against the USD. The current quote for the instrument is 121.99.The Yen suffered serious stress in March and has lost 6% against the “greenback” since the beginning of 2022. Amid global risk aversion, market p...

29.03.2022The uptrend in USDJPY continues, market players are interested in buying. The Japanese Yen is falling against the USD and updating its 7-year lows. The current quote for the instrument is 123.75.Demand for the “greenback” as a “safe haven” asset remains quite high, forcing the Yen to fall....

24.03.2022USDJPY updating its 6-year highs; the “greenback” is in demand.The Japanese Yen dropped to the lows of December 2016 against the USD. The current quote for the instrument is 121.66.The “greenback’s” attack is too strong for the Yen to keep the balance. However, given the current circumstan...

16.03.2022USDJPY passed the highs of December 2016 and intends to continue the rally.The Japanese Yen plummeted against the USD and may get even weaker. The current quote for the instrument is 118.28.The last times the Yen was so low was in December 2015 and 2016, when the asset reached 123.00.Intri...

09.03.2022USDJPY is keeping its positive momentum and not going to stop yet. The Japanese Yen continues “losing weight” against the USD. The current quote for the instrument is 115.82.The revised Japanese GDP in the fourth quarter of 2021 was an unpleasant surprise: the country’s economy added only ...

15.02.2022USDJPY is rising on Tuesday; the asset is more volatile than usual. The Japanese yen is falling against the USD on Tuesday. The current quote for the instrument is 115,61.The pair has been more volatile than usual recently. The reason for this is a constant revaluation of external risks. A...