Fundamental view: USD/JPY has a constrained reaction to the war. Leaders from all the West’s nations have asked President Vladimir Putin to put a halt to the war, but of no use. On Thursday, Putin said that he aims to reach its goals and will continue no matter what. while Putin agreed on the creation [...]
Fundamental view: US Dollar edged higher against the Japanese yen during the trading course of the week. The geopolitical tension is the major catalyst in driving the pair, meanwhile hawkish Fed policymakers also favored the USD bulls. The maket came under strong risk off mood on Thursday due to Russia invasion on Ukraine, launching a [...]
Fundamental view: Japanese yen edged higher against the US dollar during the trading course of the week. Russian intentions over Ukraine and the headlines regarding the military and diplomatic situation and the dovish Fed were the key catalysts for the USD/JPY movement. Ukrainian political and military tension weakened the USD.JPY as the safe-haven flows in [...]
Fundamental view: US dollar managed to trade high against its yen counterpart. The stronger than expected inflation figure and the hawkish comments from the Fed policymakers helped the US dollar this week. The US reported the January Consumer Price Index, which soared to 7.5% YoY against the forecast of 7.2%,and the jump was the highest [...]
