USD/JPY Outlook: Navigating Election Uncertainty-Citi
With elections coming up in the US and Japan soon, Citigroup examines the expected moves of the USD/JPY pair, which has been trading erratically recently.After opening the week at a
With elections coming up in the US and Japan soon, Citigroup examines the expected moves of the USD/JPY pair, which has been trading erratically recently.After opening the week at a
TOKYO –The central bank has been requested by the newly appointed ministers responsible for Japan’s economic and fiscal policies to assist the recently sworn-in administration of Prime Minister Shigeru Ishiba
In view of the fact that Fed Chair Powell is scheduled to make an appearance soon, market watchers are preparing themselves for additional difficulties for the dollar. In spite of
The euro maintained over $1.10, close to its seven-month high the day before, supported by data suggesting decreasing U.S. inflation, which bolstered predictions of a Fed rate drop next month.
At the moment, the USD/JPY pair is trading in a narrow range as investors try to make sense of different factors. The pair has found support from an overall positive
Foreign investors, who contribute to 70% of the trading value in Japanese stocks, have been at the forefront of the recent downturn in share prices since early July. According to
The Bank of Japan’s recent decision to halt interest rate hikes has sent ripples through financial markets, exerting pressure on the Japanese Yen. This policy choice reflects the BOJ’s
The Japanese yen rose versus the dollar, as the flight to safety ensured that investors were seeking a haven in the face of growing volatility in the global markets. Fears