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[December 18] U.S. and Japan interest rate announcements approaching. USDJPY stagnates in upper 153 range.
Today the USDJPY reached a high of 153.78 shortly after GMT 01:30, then traded within a range in the upper 153 level. Looking at the 1-hour chart of the USDJPY (as of GMT 03:30 on December 18), it has risen from -2 standard deviations and is stagnating at the middle line. If it breaks below -1 standard deviation again, there could be potential for further downside movement
Notice of Changes to Trading Hours for Certain Stock Indices
We would like to inform you that the trading hours for certain stock index instruments will be changed.
[December 17] USDJPY briefly falls below 154, limited movement ahead of U.S. FOMC
Today the USDJPY reached a high of 154.34 around GMT 00:30, then declined to hit a low of 153.80 shortly after GMT 02:00. Looking at the 1-hour chart of the USDJPY (as of GMT 03:30 on December 17), while approaching -1 standard deviations from the range, the middle line is still trending upward. It is reasonable to maintain an upward bias.
[December 16] USDJPY strengthens towards 154 amid expectations Bank of Japan will maintain policy rate
Today the USDJPY rose from a low of 153.32 around GMT 00:00, reaching a high of 153.97 around GMT 02:00 before being pushed back. As of GMT 04:00, it is trading directionlessly in the upper 153 range.
FXON Market Analysis (December 9 to December 15)
In the foreign exchange market for the week that ended on December 15th, the USDJPY was boosted by strong economic data from the U.S., speculation that the Bank of Japan (BOJ) would not raise interest rates, and a strengthening dollar in overseas markets.
Apology for the system failure occurred on December 10,2024
On December 10, 2024, at 03:43 (GMT), trading on certain stocks was temporarily interrupted. However, the issue has been resolved, and rate distribution has returned to normal.
[December 13] USDJPY Recovers to 153-Yen Level as Bank of Japan Rate Hike Expectations Recede
Today the USDJPY reached a high of 153.04 around GMT 03:00, as the Bank of Japan Tankan survey results released around GMT 23:30 (on December 12) were largely in line with expectations, suggesting that expectations for a Bank of Japan rate hike have receded. Looking at the 1-hour chart of the USDJPY (as of GMT 04:00 on December 13), the band width has expanded, with candlesticks moving between +1 standard deviation and +2 standard deviations.
[December 12] Market fluctuates on reports of Bank of Japan rate hike speculation. CPI in line with expectations, no trend.
Today the USDJPY hit a high of 152.45 around GMT 23:00 (December 11), then trended downward, recording a low of 151.95 shortly after GMT 01:00. Looking at the 1-hour chart (as of GMT 04:00 on December 12), the band width has narrowed and broken below the middle line. If it breaks below 152, it looks likely to aim lower.
Sudden Widening of Spreads and Market Instability in Gold
The spreads for gold (XAUUSD, XAUEUR) experienced a sudden widening. Similar occurrences may happen over the next several days.
[December 11] Market in wait-and-see mode ahead of U.S. CPI, giving back yesterday's gains
Today the USDJPY marked a low of 151.41 around GMT 03:30 triggering yen buying in the market. Looking at the 1-hour chart (as of GMT 03:30), it fell from +2 standard deviations to -2 standard deviations but has since rebounded and is rising. If it continues to approach the middle line, it looks appropriate to maintain an upward bias.
Notice of Changes to Trading Hours for Indices
We would like to inform you of the new trading hours for stock index instruments, effective from Monday, December 16, 2024. Please review the details of the affected instruments.
[December 10] The battle at 150 yen tips toward yen weakness. Chinese monetary easing expectations invite yen selling.
Today the USDJPY reached a high of 151.54 around GMT 01:00 before declining, and as of GMT 04:00 is trading in the lower 151 range. Looking at the 1-hour chart of the USDJPY (as of GMT 03:50), the upward Bollinger Band walk has ended, breaking below +1 standard deviation and approaching the middle line. If it breaks below 151, the decline is likely to gain momentum.
[December 9] USDJPY struggles to move higher as employment report fails to boost price and risk aversion continues
Today the USDJPY touched 149.69 around GMT 00:30, but recovered to around 150 yen near GMT 01:30, and as of GMT 04:00, continues to trade in the same range without clear direction.
FXON Market Analysis (December 2 to December 8)
The foreign exchange market for the week that ended on December 8th got nervous over political events in the U.S. and Asia, as well as economic indicators. The USDJPY rose to the upper 150 yen range earlier in the week but then fell back to the 149 yen range as the yen was bought on risk-off sentiment and the U.S. employment data.
Notice Regarding the Addition and Discontinuation of Certain Instruments
We would like to inform you that we have made updates to our list of tradable instruments, including the addition of new instruments and the discontinuation of certain others.
[December 6] Market stalemate around 150 yen. U.S. employment statistics may trigger movement.
Today the USDJPY reached a high of 150.27 around GMT 00:00, then declined, hitting a low of 149.75 shortly after GMT 02:00. As of GMT 04:00, it is trading in the upper 149-yen range. U.S. employment statistics are scheduled for release today at GMT 01:30. Looking at the 1-hour chart of the USDJPY (as of GMT 03:40 on December 6), the candlestick has reached negative 2 standard deviation, and if it breaks below yesterday's low of 149.65, there is potential for further downward movement.
Notice of Changes to Trading Hours for Certain Instruments
We would like to inform you of updates to the trading hours for certain instruments, as well as the addition and removal of some instruments.
[December 5] Markets stabilize both up and down, possibly waiting for tomorrow's employment statistics
Today the USDJPY reached a high of 150.77 around GMT 23:00, then declined, hitting a low of 150.18 around GMT 01:30. As of GMT 04:00, it is trading in the lower 150-yen range. Looking at the 1-hour chart of the USDJPY (as of GMT 03:40 on December 5), the middle line is approaching horizontal.
[December 4] Currency market turmoil in South Korea in early afternoon, risk-off yen buying pushes USDJPY below 149
Today the USDJPY began to rise at around GMT 00:00, and shortly after GMT 01:00 it marked a high of 150.08. Looking at the 1-hour chart of the USDJPY (as of GMT 03:50 on December 4), after rising to +1 standard deviation, it is being held down by the recent high of 150. It looks appropriate to maintain a downward bias in line with the middle line.
[December 3] The battle around the 150 yen line continues. Will the market recover from yesterday's decline?
Today the USDJPY, perhaps as a reaction to yesterday's yen strength and dollar weakness, has risen from its low of 149.49 marked shortly after GMT 23:30, exceeded 150 after GMT 03:30, and as of GMT 04:00 is continuing to rise in the lower 150 range. Looking at the 1-hour chart of the USDJPY (as of GMT 03:50, December 3), it has broken above the middle line and is approaching +1 standard deviation. If it breaks above yesterday's high of 150.75, it looks likely to extend even further.
