Trading Insights

USD/JPY

Yen Strengthens on Diverging Central Bank Paths


The yen is gaining ground as markets weigh a possible BoJ hike against rising odds of U.S. rate cuts. With 20- and 30-year Treasury auctions this week, sentiment remains fragile. Technicals show strong selling pressure, suggesting the dollar could face further downside.
Key Levels: Support at 146.65 | Resistance at 148.48