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Sell the dollar versus the yen following Japan's election, says Nomura
The downside risk to the USD/JPY exchange rate has become greater since Japan's election and traders should short the cross with a target of 142. That's according to a new note by a team of forex strategists at Nomura led by Yusuke Miyairi.
USD/JPY climbs as risk-on sentiment and a firm US Dollar weigh on the safe-haven Yen. The Japanese Yen (JPY) is weakening ...
Tokyo inflation eases but remains above target, keeping BoJ rate hikes on the table as USD/JPY reacts to softer data and US ...
The dollar struggled on Wednesday, while the yen was choppy after U.S. President Donald Trump announced a trade deal with ...
Asian shares are higher, buoyed by optimism that the U.S.-Japan tariff agreement will be followed by more trade deals ...
Investors will be keeping a close watch on the People’s Bank of China’s decision on its 1-year and 5-year loan prime rates ...
The Indian rupee is poised to open slightly higher on Tuesday, supported by a retreat in the dollar index that was largely ...
The U.S. Dollar (DXY) fell on Monday, while the Japanese yen firmed against the dollar after the country’s ruling coalition ...
The Japanese Yen (JPY) trims a part of its intraday losses after Japan's Prime Minister Shigeru Ishiba said that he did not discuss his resignation at all and that there was absolutely no truth to ...
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