Japan's core inflation breaches BoJ 2% target for first time in nine months, yen strengthens
Japan's core inflation rate rose to 2.1% in September, breaching the Bank of Japan's 2% target for the first time since December and supporting the yen.
Japan's core inflation rate rose to 2.1% in September, breaching the Bank of Japan's 2% target for the first time since December and supporting the yen.
Japan's September core CPI forecast at 2.1%, above BoJ target for first time since December, supporting a December rate hike.
The yen is again acting as a safe haven as growth concerns dominate, while USDJPY consolidates between 155.00 and 160.50.
Several large FX option expiries are due for October 22, with EUR/USD at 1.1200 and USD/JPY clusters at 157.50 and 157.35.
Bridgewater's Ray Dalio says the US bond bear market likely has far to run as supply of debt and equity exceeds demand.
USDJPY buyers have repeatedly tested resistance near the 200-day moving average (158.565) since September 23 but failed to sustain breakouts, keeping sellers…
Early FX prices for 19 October 2026 show EUR/USD lower, US equities soft over the weekend, and New Zealand the only market active.
The dollar slipped even after this week's hot CPI and PPI readings, and USDJPY fell back below its converged hourly moving averages near 158.23.
Key FX option expiries for EUR/USD, USD/JPY, and EUR/GBP are set for 15 October, potentially influencing price action.
The dollar is lower against all major currencies, U.S. stock futures are mixed with Dow up and Nasdaq down, and Treasury yields decline. Earnings season kicks…
The dollar traded mixed, U.S. stock futures pointed higher, and crude oil fell as Iran-related news provided conflicting signals.
Yen intervention talk is back as Bessent, Katayama and BOJ's Ueda head to Bangkok for IMF and G20 meetings. USD/JPY is near 158.
Key FX option expiries for Oct 8 include EUR/USD at 1.1150 and USD/JPY at 158.00, with bond yields driving dollar sentiment.
A technical analysis of the major currency pairs shows the bias, limits, and targets as the dollar advances.
BoJ's Sato backs further rate hikes but expresses concern over consumption and avoids specifying timing. USDJPY trades in a narrow range near moving averages.