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Target at 112.07 for USD/JPY

The United States dollar versus the Japanese yen currency pair seems to have eyed the 112.07 level. Are the bears interested in turning the market around from here?

USD/JPY Rises As BoJ Signals Tightening to Enable Price Stability

The Japanese yen is extending its 2021 weakness on Tuesday as lackluster economic data weighed on the conventional safe-haven asset. The yen has been struggling this year, with investors struggling to maintain confidence in the country’s economic recovery and concerns over the nation’s increasing number of COVID-19 cases. Where is the yen heading?

Bulls Attempting to Check 109.08 on USD/JPY

The United States dollar versus the Japanese yen currency pair seems to be aided by the bulls’ will to drive it higher.

Bears Trying to Get Hold of USD/JPY from 109.08?

The United States dollar versus the Japanese yen currency pair seems to have hit a resistance area. Do the bulls still have enough power to overcome it?

Japanese Yen Weakest During Friday’s Trading, Attempts to Bounce

The Japanese yen was extremely weak today. In fact, it was the weakest currency on the Forex market during early Friday’s trading. The yen fell even against the otherwise weak New Zealand dollar. That said, the yen has been trying to beat the Swiss franc and the New Zealand dollar at the time of writing, rising closer to the opening level from time to time.

Bears Shorting USD/JPY from 109.08, However…

The US dollar versus the Japanese yen currency pair seems not to be so keen to start declining.

USD/JPY Rises After BoJ Shares Crash Most Since 1991

The Japanese yen weakened against its US peer to kick off the trading week, despite positive economic readings to start 2021. The yen, which has failed to strengthen this year, could not find support on the Bank of Japan (BoJ) attempting to reassure financial markets. Is more weakness on the way, despite the recovery pushing ahead in the world’s third-largest economy? Perhaps the answer might depend on the central bank’s stock price.

USD/JPY Back to 108.05 Area

The United States dollar versus the Japanese yen currency pair seems governed by the bulls’ will. Are the bears going to show up any time soon?

USD/JPY in Bullish Hands from 105.09

The US dollar versus the Japanese yen currency pair seems to be on its way to the next area of interest — 107.00. Are the bears going to stand aside?

USD/JPY Falls As BoJ Promises Monetary Policy Review Amid Recovery

The Japanese yen strengthened against its US counterpart to finish the trading week amid reports that the central bank is reconsidering loose monetary policy to spur economic growth. This comes as the Bank of Japan (BoJ) conceded that the world’s third-largest economy is recovering and returning to pre-pandemic levels.

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