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The Japanese Yen was sold across the board after the Bank of Japan confirmed it would continue with an age-old policy of ultra-low interest rates and continue to buy government bonds.
April 26,2024
The BoJ has a history of disappointing hawkish expectations, and thus, should this be the case again, the yen is likely to continue falling.
April 25,2024
Even with the dollar pausing its latest rally, Dollar-Yen hit a fresh 34-year high at around 154.85.
April 23,2024
In a move reminiscent of the 1985 Plaza Accord, the Biden administration, alongside its Asian allies, appears to be laying the groundwork for a coordinated intervention effort aimed at stemming the strength of the US dollar.
April 19,2024
Dollar-Yen's recovery from its overnight lows means price is forming a potential hammer candle on the daily timeframe.
April 18,2024
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