Created
: 2025.05.15
- 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 is under pressure from US/South Korea talks - OCBC
World FX news
Breaking news
USD/JPY is under pressure from US/South Korea talks - OCBC
New
2025.05.15 19:44
2025.05.15 19:44
2025.05.15 19:44
USD/JPY continued to trade lower. Pair was last at 145.91 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Bullish momentum on daily chart shows signs of fading
"The Bloomberg headline that US discussed FX with South Korea spilled over to other USD/Asia, including USD/JPY. Recall that Finance Minister Kato said he will seek an opportunity to discuss currency matters with US Treasury secretary Scott Bessent when the 2 of them are in Canada for the G7 meeting (in Jun)."
"Although no detail/agenda was made known, the suspicion of FX policy being discussed during bilateral trade talks with the US may weigh on USD. Bullish momentum on daily chart shows signs of fading while RSI fell further."
"Support is at 144.40 (23.6% fibo). Resistance at 147.10 (38.2% fibo retracement of 2025 high to low), 148.40 and 149.40/70 levels (50% fibo, 200 DMA). We kept our short USD/JPY (entered at 148 (as per FX Weekly on Mon), targeting a move towards 141. SL at 151."
Last updated
: 2025.05.15
Related articles
Australian Dollar loses ground as US Dollar advances amid improving US-China dialogue
5 minutes agoPBOC sets USD/CNY reference rate at 7.1815 vs. 7.1840 previous
2025.06.11 10:15US appeals court allows US President Donald Trump tariffs to stay in place - Bloomberg
2025.06.11 09:59US, China officials agree on plan to ease trade tensions - Bloomberg
2025.06.11 09:37USD/CAD flat lines above 1.3650 as investors track US-China trade talk progress, US CPI data
2025.06.11 09:26US Commerce Secretary Lutnick says reached a framework with China
2025.06.11 08:34
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
Australian Dollar loses ground as US Dollar advances amid improving US-China dialogue
The Australian Dollar (AUD) declines against the US Dollar (USD) on Wednesday, retracing its recent gains. However, the AUD/USD pair may gain ground amid easing trade tensions between the United States (US) and China.
New
2025.06.11 11:13WTI attracts some buyers above $63.50 on optimism around US-China trade talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.80 during the Asian trading hours on Wednesday. The WTI price edges higher as traders digest the result of trade talks between the United States and China.
New
2025.06.11 10:59OPEC Secretary General says oil demand growth to continue, no peak in sight
OPEC Secretary General Haitham Al Ghais said on Tuesday that oil demand growth will remain robust over the next two and a half decades as the world population grows, per Reuters.
New
2025.06.11 10:47PBOC sets USD/CNY reference rate at 7.1815 vs. 7.1840 previous
On Wednesday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1815 as compared to the previous day's fix of 7.1840 and 7.1801 Reuters estimate.
New
2025.06.11 10:15US appeals court allows US President Donald Trump tariffs to stay in place - Bloomberg
A federal appeals court has ruled that US President Donald Trump's broad tariffs can remain in effect while legal appeals continue, per Bloomberg.
New
2025.06.11 09:59US, China officials agree on plan to ease trade tensions - Bloomberg
The United States (US) and China agreed to a preliminary deal on how to implement the consensus the two sides reached in Geneva, per Bloomberg.
New
2025.06.11 09:37USD/CAD flat lines above 1.3650 as investors track US-China trade talk progress, US CPI data
The USD/CAD pair holds steady near 1.3670 during the early Asian session on Wednesday. Easing trade tension between the United States (US) and China could underpin the US Dollar (USD). Investors will closely monitor the result of the US-China trade talks.
New
2025.06.11 09:26US Commerce Secretary Lutnick says reached a framework with China
US Commerce Secretary Howard Lutnick said early Wednesday that the United States and China have reached a framework to implement the Geneva Consensus, but they will go back and see if US President Donald Trump approves it.
New
2025.06.11 08:34China's Vice Commerce Minister says talks with US on trade rational and candid
China's Vice Commerce Minister Li Chenggang said early Wednesday that communication with the United States (US) has been rational and candid, adding that the two sides agreed on a consensus on the Geneva meeting.
New
2025.06.11 08:27NZD/USD strengthens to near 0.6050 as traders await outcome of US-China trade talk
The NZD/USD pair trades in positive territory near 0.6055 during the early Asian session on Wednesday. Hopes that trade talks between the United States (US) and China were going well provide some support to the China-proxy New Zealand Dollar (NZD).
New
2025.06.11 08:15Disclaimer:
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
