Fundamental view: The US dollar has rallied a bit against the Japanese yen in the previous week. In Japan the most up-to-date information, the Eco Watchers Surveys, Outlook and Current for November from the Cabinet Office, saw sharp declines from their pandemic highs in October. US Revised Nonfarm Productivity quarterly report & Revised Unit Labor Costs quarterly [...]
Fundamental view: The US dollar has gone back and forth against the Japanese yen. Federal Reserve is flooding the market with dollars so it is possible to see this pair drop. But the market’s mood is mixed as participants are still trying to find equilibrium from fundamental headlines. The pair’s bounce has little to do with the [...]
Fundamental view: The US dollar has rallied a bit during the week to reach towards the ¥105 level. However, the market has pulled back significantly from there, which shows a strong downtrend. The waning psychological impact of the pandemic is evident in the frequent market responses to US economic data and positive COVID-19 news. However, the barrier to a [...]
Fundamental view: USD/JPY continuously fell in the last week. which makes quite a bit of sense as all the investors are concerned about the idea of risk appetite waning, meaning the people will be looking towards the Japanese yen. All things being equal, the US dollar continues to fall based upon Federal Reserve loosening, and [...]
