MUFG US Dollar to Yen Forecast: USD/JPY Losses, Target 143.50.The dollar to Yen (GBP/JPY) exchange rate peaked below the 149.0 level last week and dipped sharply following the latest comments by Fed Chair Powell. USD/JPY is currently trading around 147.40 and MUFG maintains a target of 143.50 amid deterioration in the US labour market.
U.S. Dollar Gains Ground As Traders Focus On Trump's Battle Against The Fed: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency gains ground as traders stay focused on Trump's effort to fire Lisa Cook.
USDJPY Rallies into its Range Amid US Dollar Rebound – Will the Range Break?.There is a lack of clarity regarding the outlook for US cuts due to contradicting data, supplemented by Markets having digested a more balanced/dovish tone from Powell rather than a fully dovish one (from a more balanced/hawkish tone regarding the impact of tariffs).
EUR/JPY rangebound as focus turns to Eurozone sentiment and Japan CPI.The Euro (EUR) recovers some lost ground against the Japanese Yen (JPY) on Wednesday, with EUR/JPY trading near 171.76 at the time of writing. The cross had slipped to a one-week low earlier in the day after disappointing German Consumer Confidence data briefly pressured the single currency.
USD/JPY –27.08.2025. USDJPY held above the support trend of 146.50-70 which managed to push prices higher again towards 148.10, while more advance is still expected towards 149.15. Below 146.50, more of a drop to re-test the old support of 145.70 is likely, which in turn could activate another advance.