Fundamental view: The US dollar has rallied again against the Japanese yen. The interest rate differential between the United States and Japan, is the main driver of this market. Non-Farm Payroll numbers coming out, and that of course can cause a lot of noise in this pair. US ISM Manufacturing Prices Paid on 1st March and Japan [...]
Fundamental view: The US dollar initially pulled back during the starting and then rallied against the yen at the end of the week. The sharp rise in real interest rates in the US (yield -inflation) has been the largest factor in the ascent of the USD/JPY this year. Even though the dollar overall has had [...]
Fundamental view: The US dollar has rallied quite a bit against the Japanese yen during the trading week but it has given back about half of the gains. Dollar strength has been largely a function of rising US interest rates, the yield on the 10-year Treasury has gained about 40 basis points this year to 1.336% [...]
Fundamental view: The US dollar has fell against the Japanese yen to break well below the ¥105 level, but then turned around to recapture it. Movement in the pair is tied to improvement in the US economy and Treasury rates. There has also been a minor revival of inflation concerns even though there is no [...]
