USD/JPY takes the bids to refresh intraday high around 115.20, consolidating the week-start losses as Tokyo opens for Tuesday.
The yen pair’s recent run-up could be linked to the cautious optimism in the market, as well as recovery in the US bond coupons after a sluggish start. It’s worth noting that mixed data at home and virus woes challenge the recent advances ahead of the US trade numbers.
The US 10-year Treasury yields rose 1.1 basis points to 1.92%, close to the highest levels since late 2020, while the US stock future print mild gains around 4,485 at the latest. That said, the benchmark US T-bond coupons eased from a two-year high the previous day while Wall Street marked sluggish closing.
Talking about data, Japan’s Overall Household Spending dropped to -0.20% YoY in December versus +0.3% forecast and -1.3% prior. On the same line were Current Account details for December, ¥-370.8B versus market consensus of ¥73.5B and ¥897.3B previous readouts. Though, the Trade Balance - BOP Basis improved to ¥-318.7B from ¥-431.3B during the stated month.
It’s worth noting that the US-Japan talks over easing Trump-era steel tariffs and Russia’s recently confirmatory tone add to the bullish bias of the risk-barometer pair.
On the contrary, the US-China trade tussles and fears of the hawkish Fed challenge market’s optimism, underpinning the US dollar and the USD/JPY prices. “China-US trade faces new threats in 2022, with no new deal in sight,” said the South China Morning Post (SCMP).
Also read:
Moving on, the US Goods and Services Trade Balance for December, expected $-83B versus $-80.2B, may offer intermediate clues to the USD/JPY prices ahead of Thursday’s key US Consumer Price Index (CPI).
Read: Do not expect volatility to ease as US CPI is due this week
A bearish spinning top candlestick on the daily play challenges USD/JPY buyers below the one-month-old resistance line near 115.35.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.