USD JPY

Having fallen over 5% from the November high already, the two days of indecision around support alongside a bullish divergence suggest USD/JPY could be vulnerable to some bullish mean reversion.

The US Dollar finally pulled back from its aggressive Q4 breakout move, and this was fueled by the strongest weekly outing in EUR/USD in two years with last week’s bounce.

Both USD/JPY and EUR/JPY have sold off over the past week and with the BoJ policy review expected in a couple of weeks, Yen-strength scenarios seem to be gaining steam.

EUR/USD and AUD/USD are heading into their strongest month, hinting at rally potential after November drops.

With a jam-packed calendar this week, including, ISM Manufacturing and Services PMIs, the closely watched JOLTS Job Openings report, and the monthly Non-Farm Payrolls report to come, traders are bracing for volatility. These data points are expected to influence the USD/JPY forecast, especially with both the Fed and BoJ policy decisions looming in December.

We may have seen an important swing low on the yen looking at the change of speculative market positioning. And that could see a much deeper pullback on USD/JPY.

A bullish breakout in US bonds has sent USD/JPY tumbling below 150, with payrolls now poised to decide whether the yen’s surge gains momentum or fizzles out. Could this be the pivotal moment for bond markets and the Fed's rate path?

USDJPY Forecast: Friday's rise in Tokyo CPI from 1.8% to 2.2% drove USDJPY below the critical 150 level. A pivotal week of US economic data ahead, including ISM PMIs and Non-Farm Payrolls, is set to heighten volatility risks for the pair.

USD/JPY is tumbling, breaking through its 200-day moving average after Tokyo’s inflation data shocked to the upside. With US Treasury yields losing steam and thin markets amplifying moves, traders are eyeing a deeper downside flush. Could the yen’s resurgence have more room to run?

After USD/JPY’s dramatic plunge, the focus shifts to what’s next. Is this just the beginning of further downside, or could a rally toward the 200-day moving average provide fresh opportunities for shorts? Here's what signals from US Treasuries reveal on near-term directional risks.