Today
+0.56%
1 Week
+0.29%
1 Month
-3.31%
6 Months
-5.78%
Year to Date
+1.57%
1 Year
-3.22%
Opening Price
142.234Previous Closing Price
142.264The MACD is positive and above its signal line.
the downside breakout of 142.34 would call for 141.48 and 140.97.
the upside prevails as long as 142.34 is support.
Investing.com-- The Bank of Japan is expected to keep interest rates unchanged at the conclusion of a two-day meeting on Friday, although policymakers could still present a hawkish outlook on expectations of higher inflation.
The USD/JPY pair gains traction around 143.55 on Thursday during the early European session.
USD/JPY was last seen at 141.63 levels. The pair rebounded, alongside higher UST yields after better-than-expected US data.
The USD/JPY pair drops below 142.00 in Wednesday’s European session.
The Japanese Yen (JPY) retraces its losses against the US Dollar due to rising expectations of a 50 basis point Federal Reserve (Fed) rate cut on Wednesday.
The USD/JPY pair attracts fresh sellers during the Asian session on Wednesday and slides back below the 142.00 mark in the last hour, eroding a part of the overnight gains and stalling its recovery from the lowest level since July 2023 touched earlier this week.