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Tag: Japanese Yen

Dollar strengthens, traders expect data-rich week, yen rises

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Dollar strengthens, traders expect data-rich week, yen rises

HocusFocus | The dollar traded near two-week highs against the euro on Tuesday as traders prepared for a data-rich week, including Friday’s U.S. jobs report, which could determine the path of interest rate cuts by the U.S. Federal Reserve. Investors will be focusing on US jobs data this week after Fed Chairman Jerome Powell last […]

USD/JPY Forecast – US Dollar Continues to Recover Against the Yen

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USD/JPY Forecast – US Dollar Continues to Recover Against the Yen

Technical analysis of the US dollar against the Japanese yen The US dollar did recover somewhat during Monday’s early morning session, but it’s probably worth noting that the United States itself and Canada both celebrate Labor Day during the trading session, so this would have been more of a mid-day session. However, short-term declines should […]