Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Yen finding strength USD/JPY around 154.50

January 30, 2025 at 01:18AM
The response to a Federal Open Market Committee (FOMC) on hold has been yen buying in Asia morning trade:

There is no fresh news of note. Although I did posit the potential for a lower USD/JPY here earlier:

Arrangements for a meeting between Trump and Japan PM Ishiba close to being finalised

I wasn’t really convinced …. but here we are.

One thing to be aware of is liquidity is thinner than normal again today with Singapore and Hong Kong on holidays (mainland China also):

Markets in Asia will be disrupted by holidays again today

This article was written by Eamonn Sheridan at www.forexlive.com.

Yen finding strength USD/JPY around 154.50