Around 13.5% of daily trades. Known as “Gopher,” this pair is popular for its stability and low spreads, influenced by U.S. and Japanese monetary policies.
U.S. initial jobless claims fell to 199,000, well below expectations, signaling continued labor market strength. This resilience is challenging forecasts of aggressive Fed rate cuts in 2024, supporting a firmer dollar and raising questions about the Fed’s monetary policy path. #Fed #JoblessClaims #USD
Japan’s top business groups are urging the government to act against the weak yen, stressed as a driver of rising import costs and inflation. Leaders call for policy coordination and possible intervention to stabilize the currency and support economic credibility. #JapanEconomy #YenWeakness
Japanese business federations, including Keidanren and the Japan Chamber of Commerce, are urging the government for coordinated action on the weakening yen. They warn that continued depreciation raises import costs, squeezes smaller firms, and threatens economic stability. A comprehensive fiscal-monetary strategy is needed rather than temporary FX interventions. Details via Reuters.
Japanese business leaders urge government action on the yen’s prolonged weakness, highlighting risks to SMEs and inflation pressures. Calls grow for policies to stabilize the currency and protect purchasing power amid global rate hikes and rising import costs. #JapanEconomy #Yen
EUR/USD has strengthened into the 1.17–1.18 range amid growing bets on Fed rate cuts. With US inflation easing and the ECB pausing hikes, can a dovish Fed push EUR/USD above the key 1.18 level? Market eyes early rate cuts and potential dollar weakness for cues. #Forex #EURUSD #FedDecision
EUR/USD eyes 1.17–1.18 range as Fed rate cuts loom. With U.S. inflation cooling and ECB steady, euro gains momentum. A break above 1.1800 could spark a further rally, fueled by divergent central bank policies and technical bullish signals. #Forex #EURUSD #Trading
USD/JPY edges toward weekly highs as Fed minutes reinforce hawkish stance, boosting dollar demand amid persistent inflation concerns. Divergent policies keep yen under pressure, with traders eyeing potential interventions. #Forex #USDJPY #FedMinutes
USD/JPY looks set to maintain its bullish trend into 2026 as sustained divergence between U.S. tightening and Japan’s ultra-loose policy widens interest rate gaps. Strong U.S. economy and Japan’s inflation struggles keep the dollar favored over the yen in the medium to long term.
USD/JPY remains supported by contrasting monetary policies: the Fed’s persistent tightening vs. the BoJ’s cautious easing. With US inflation high and Fed rates elevated, the dollar is poised to stay strong against the yen through 2026. Read more: fxempire.com/forecasts/article/usdjpy-forecast-2026-policy-divergence-keeps-dollar-supported-1568591 #Forex #USDJPY #MonetaryPolicy
USD/JPY outlook for 2026 points to continued dollar strength fueled by persistent monetary policy divergence. The Fed’s hawkish stance vs. BoJ’s dovish approach, coupled with inflation and geopolitical dynamics, will keep the USD supported against the yen. #Forex #USDJPY
