JPY is retesting the psychological 150 mark against the USD ahead of the BOJ’s policy meeting next week. What is the outlook and what are the key levels to watch in USD/JPY, GBP/JPY, and EUR/JPY?
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: 0.28% Silver...USD,” published September 22. Japanese finance minister Shunichi Suzuki said on Thursday authorities are closely watching moves with a sense of urgency and warned investors against selling the yen., pressuring the yen.
USD/JPY is once again retesting the psychological 150 mark, slightly below the 2022 high of 152.00. There is no sign of a reversal of the uptrend – the pair continues to make higher highs and higher lows, albeit gradually. USD/JPY continues to hold above the 200-period moving average on the 240-minute chart, around Tuesday’s low of 149.25. A break below 148.75-149.25 would confirm that the upward pressure had faded in the interim.
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