USD/JPY –07.02.2025 – Orbex Forex Trading Blog

SEOUL (Reuters) -South Korea’s central bank governor said it was difficult for the dollar-won exchange rate to return to levels seen in the past, the Yonhap news agency reported on Tuesday. It is difficult to say the dollar-won rate has stabilised and the market is in a wait-and-see mood, the report cited the Bank of…

As the Coinbase (COIN) stock chart shows, trading closed yesterday above the $200 mark — for the first time since March. Since the beginning of April, COIN’s share price has risen by nearly 20%, while the S&P 500 index (US SPX 500 mini on FXOpen) has declined by approximately 2%. Bullish Drivers Behind COIN’s Price…

Investing.com – The U.S. dollar edged marginally higher Thursday, consolidating after recent volatility, while the euro continued to show softness as the situation in eastern Europe becomes more fraught.  At 05:10 ET (10:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 106.690, adding to…

Daily Pivots: (S1) 153.64; (P) 154.03; (R1) 154.39; More… No change in USD/JPY’s outlook and intraday bias stays on the upside for upside for 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will extend the rally from 139.87 to 158.86 resistance next. On the downside, below 153.24 resistance turned support…

Central banks took center stage this week, delivering a quick lesson on how shifting policy divergence can send currency traders scrambling to adjust positions. The Federal Reserve’s Wednesday rate cut became the week’s defining moment—not just for the quarter-point reduction itself, but for Chair Powell’s surprisingly characterization of inflation as primarily tariff-driven and transitory. That…