e-FX

The USDJPY pair experienced a modest resurgence in selling pressure

The USDJPY pair experienced a modest resurgence in selling pressure, leading to a brief decline to approximately 149.80 yen.

The discourse delivered by Federal Reserve Chairman Powell at the prestigious New York Economic Club

The discourse delivered by Federal Reserve Chairman Powell at the prestigious New York Economic Club has set forth a maelstrom of responses within the forex realm.

A dominant sense of risk aversion has steered investors towards the U.S. dollar

A dominant sense of risk aversion has steered investors towards the U.S. dollar, in the current landscape of the New York foreign exchange market.

The focus was on the unexpectedly strong retail sales data for September

The focus was on the unexpectedly strong retail sales data for September, which led to an increase in U.S. bond yields and prompted some buying of the dollar against the yen.

We are observing a prominent trend of dollar depreciation

We are observing a prominent trend of dollar depreciation, alongside a concurrent yen devaluation.

The USDJPY pair exhibited a degree of volatility within the mid-149 yen range

The USDJPY pair exhibited a degree of volatility within the mid-149 yen range, driven by a pronounced inclination towards dollar strength during the New York session.

The USDJPY pair is staging a noticeable comeback

The USDJPY pair is staging a noticeable comeback, edging towards the upper 149 yen range.

We are witnessing a substantial trend of dollar depreciation

We are witnessing a substantial trend of dollar depreciation, which has momentarily driven the USD/JPY pair down to the mid-148 yen range.

The USDJPY pair has been trading in the lower 149 yen range

The USDJPY pair has been trading in the lower 149 yen range, in today's New York foreign exchange market.

A noticeable trend of dollar selling has emerged

A noticeable trend of dollar selling has emerged, causing the USD/JPY pair to retreat to the mid-148 yen territory.

The New York foreign exchange market witnessed an initial surge in the US dollar's strength

The New York foreign exchange market witnessed an initial surge in the US dollar's strength, however this momentum proved to be short-lived.

The price movements lacked clear direction

The price movements lacked clear direction, mirroring the ongoing adjustment mode of the USD/JPY pair.

The USDJPY pair displayed remarkable resilience

The USDJPY pair displayed remarkable resilience, holding steadfast around the 149 yen mark.