e-FX

Major Currencies Anticipate US CPI Release as Chinese 1-Week Repo Rate Declines

In the bustling Tokyo market, major currencies displayed a composed demeanor as they approached the highly anticipated US Consumer Price Index (CPI) release scheduled for tonight.

the USDJPY pair maintained its trading range around 139 yen

The USD/JPY pair continued to trade in the 139 yen range at the beginning of the week.

The USDJPY pair experienced a temporary decline

The USD/JPY pair underwent a transient decline, leading to a depreciation of the US dollar and a strengthening of the Japanese yen, with the exchange rate reaching a low of 139.39 yen.

The USDJPY pair is currently undergoing a corrective phase

The USD/JPY pair is currently undergoing a corrective phase after a notable rally in the previous session.

The USDJPY pair faced a sluggish trading pattern

The USD/JPY pair encountered a lackluster trading session, characterized by a decline in the exchange rate to the 139.10 yen level.

Dollar-Yen Trading Rangebound in the 139 Yen Territory

The US ISM Non-Manufacturing Index unexpectedly deteriorated, leading to a decline in the dollar from the mid-140 yen range to the 139.20 yen level.

Sustained Dollar Strength with Limited Movement

The latest US employment statistics released last week have unveiled a noteworthy surge in non-farm payroll employment, exceeding expectations and bolstering the purchasing momentum for the US dollar.

The significant shift from near-zero expectations has also impacted the foreign exchange market

The significant shift from near-zero expectations has also impacted the foreign exchange market, leading to increased demand for the Australian dollar.

Robust Dollar Strengthens Amid Mixed US Employment Statistics

Stronger Dollar Buying Strengthens as US Employment Statistics Vary and USD/JPY Briefly Rises to the 140 Yen Level.

the USDJPY pair experienced a decline reaching the 138 yen level today

Amidst the ongoing dynamics of dollar selling, the USD/JPY pair experienced a decline, reaching the 138 yen level today.

The USDJPY pair experienced a notable decline, reaching the mid-139 yen level

The USD/JPY pair extended its decline, reaching the mid-139 yen level.

The USD/JPY pair is currently trading in the lower 140 yen range

The rally in the US dollar has paused, with the USD/JPY pair trading in the low 140 yen range.

Both the dollar-yen and cross-yen pairs are encountering resistance at elevated levels

Both the dollar-yen and cross-yen pairs are facing resistance at higher levels, resulting in a lack of clear direction and volatile fluctuations in the dollar exchange rate.