Created
: 2025.01.15
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
USD/JPY: Current price movements are likely part of a consolidation phase - UOB Group
World FX news
Breaking news
USD/JPY: Current price movements are likely part of a consolidation phase - UOB Group
New
2025.01.15 19:44
2025.01.15 19:44
2025.01.15 19:44
Further range trading seems likely, probably between 157.30 and 158.30. In the longer run, current price movements are likely part of a consolidation phase, expected to be between 156.50 and 158.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY range trading seems likely
24-HOUR VIEW: "After USD traded in a range on Monday, we pointed out yesterday that 'the price action did not result in an increase in either downward or upward momentum.' We expected USD to 'continue to trade in a range, most likely between 157.00 and 158.00.' USD subsequently traded between 157.10 and 158.20, closing at 157.96 (+0.31%). The price action provides no fresh clues, and further range trading seems likely, probably between 157.30 and 158.30."
1-3 WEEKS VIEW: "Not much has changed since our update yesterday (14 Jan, spot at 157.50). As mentioned, the current price movements are likely part of a consolidation phase, expected to be between 156.50 and 158.50."
Last updated
: 2025.01.15
Related articles
USD/JPY tumbles over 1% as US core inflation cools
12 minutes agoEUR grinds higher despite dovish ECB comments - Scotiabank
2025.01.15 23:01EUR/GBP ticks lower as rally in UK gilt yields pauses after soft inflation data
2025.01.15 22:23GBP: Better than forecast CPI boost BoE easing hopes and lift Gilts - Scotiabank
2025.01.15 22:09CAD lags commodity peers - Scotiabank
2025.01.15 21:58USD/JPY: BoJ Governor Ueda comments boost BoJ tightening bets - Scotiabank
2025.01.15 21:55
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
USD/JPY tumbles over 1% as US core inflation cools
The USD/JPY dropped over 1% in early trading during the North American session as inflation data in the United States (US) resumed its downward trajectory in core figures.
New
2025.01.16 00:19EUR grinds higher despite dovish ECB comments - Scotiabank
The Euro's (EUR) grind higher has extended above 1.03, barely, in quiet trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.01.15 23:01EUR/GBP ticks lower as rally in UK gilt yields pauses after soft inflation data
The EUR/GBP pair edges lower to near 0.8440 in Wednesday's North American session.
New
2025.01.15 22:23GBP: Better than forecast CPI boost BoE easing hopes and lift Gilts - Scotiabank
UK markets breathed a sigh of relief after this morning's UK inflation data, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.01.15 22:09CAD lags commodity peers - Scotiabank
The Canadian Dollar (CAD) is lagging its commodity peers and trading little changed on the session. Tariff risks remain a constraint on the CAD's performance, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.01.15 21:58USD/JPY: BoJ Governor Ueda comments boost BoJ tightening bets - Scotiabank
The Japanese Yen (JPY) is leading gains amongst the majors, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.01.15 21:55US Dollar edges lower - Scotiabank
The US Dollar (USD) is modestly lower for a second day. US PPI came in below consensus expectations yesterday, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2025.01.15 21:51US Dollar retreats for third day in a row ahead of US CPI inflation
The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, extends its correction from a two-year high above 110.00 reached on Monday and trades near 109.10 at the time of writing on Wednesday.
New
2025.01.15 20:53USD/CNH: Upward momentum is beginning to fade - UOB Group
Momentum indicators are turning flat, suggesting further range trading, probably in a range of 7.3380/7.3580. Upward momentum is beginning to fade; a breach of 7.3250 would suggest that 7.3700 is not coming into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.01.15 19:57USD/JPY: Current price movements are likely part of a consolidation phase - UOB Group
Further range trading seems likely, probably between 157.30 and 158.30. In the longer run, current price movements are likely part of a consolidation phase, expected to be between 156.50 and 158.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
2025.01.15 19:43Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
