The yen weakened past 145 on Thursday, nearing a three-week low as the stronger U.S. dollar gained support from the Fed’s steady rate decision and cautious outlook. Concerns over Trump’s tariffs and Middle East tensions increased safe-haven demand for the dollar over the yen.
The BOJ also kept rates unchanged Tuesday and signaled a gradual asset reduction. Governor Ueda noted that rate hikes remain possible if inflation rises.
The key resistance is at $145.30 meanwhile the major support is located at $142.50.
The BOJ also kept rates unchanged Tuesday and signaled a gradual asset reduction. Governor Ueda noted that rate hikes remain possible if inflation rises.
The key resistance is at $145.30 meanwhile the major support is located at $142.50.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.