Created
: 2025.06.19
- 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
JPY soft and trading defensively - Scotiabank
Breaking news
JPY soft and trading defensively - Scotiabank
New
2025.06.19 20:48
2025.06.19 20:48
2025.06.19 20:48
The Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) but trading defensively and hitting fresh local lows as we head into Thursday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Breaking local range to hit fresh lows
"Spreads are largely unchanged following Wednesday's Fed, and this week's BoJ/Fed events have offered little to those looking for a change in the outlook for relative central bank policy. We remain bullish JPY on the back of a hawkishly biased-BoJ and see the Fed's current neutrality as a prelude to medium-term easing."
"We maintain a year-end USDJPY target of 135 and have a 2026 year-end target of 125. Near-term JPY risk lies with the release of national CPI data at 7:30pm ET."
Last updated
: 2025.06.19
Related articles
GBP/USD stabilizes after BoE holds rates, geopolitical risks support Dollar
2025.06.20 00:29New Zealand: Growth finds its feet - Standard Chartered
2025.06.20 00:08GBP/JPY rises as BoE holds rates at 4.25% and BoJ maintains dovish stance
2025.06.19 22:36EUR/GBP retreats as BoE stays cautious, ECB easing widens policy gap
2025.06.19 22:01The CBRT keeps rates unchanged at 46.00%, as anticipated
2025.06.19 21:02Indian Rupee weakens amid Middle East tensions, Crude Oil price surge
2025.06.19 20:48
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
WTI Hits Multi-Month High Near $75.50 Amid Middle East Tensions
West Texas Intermediate (WTI) Crude Oil climbed above the $75.00 mark on Thursday, hitting its highest level since late January amid geopolitical tensions and tighter supply signals, fueling fresh buying.
New
2025.06.20 00:59GBP/USD stabilizes after BoE holds rates, geopolitical risks support Dollar
The Pound Sterling trades within familiar levels after hitting a four-week low of 1.3382, recovers, and posts gains of over 0.03% against the Dollar following the Bank of England's (BoE) decision to keep rates unchanged.
New
2025.06.20 00:29New Zealand: Growth finds its feet - Standard Chartered
Q1 GDP rose 0.8% q/q, slightly above our 0.7% forecast and stronger than the RBNZ's 0.4%. Services and manufacturing drove the gains, while construction stabilised after a year of contraction.
New
2025.06.20 00:08Silver retreats from multi-year peak as Fed pause and profit-taking cool rally
The Silver (XAG/USD) edges lower for the second consecutive day on Thursday, retreating from a fresh multi-year high of $37.32 touched on Wednesday, as traders lock in profits following the Federal Reserve's (Fed) cautious policy pause.
New
2025.06.19 23:42GBP/JPY rises as BoE holds rates at 4.25% and BoJ maintains dovish stance
The British Pound (GBP) is extending gains against the Japanese Yen (JPY) on Thursday after the Bank of England (BoE) held its benchmark interest rate at 4.25%.
New
2025.06.19 22:36EUR/GBP retreats as BoE stays cautious, ECB easing widens policy gap
The Euro (EUR) edges lower against the British Pound (GBP) on Thursday, snapping its recent winning streak after the Bank of England (BoE) held its key interest rate steady at 4.25% in its June policy meeting.
New
2025.06.19 22:01Gold steadies amid US involvement in the Israel-Iran conflict, cautious Fed
Gold (XAU/USD) is trading within a well-defined range on Thursday, holding between $3,340 and $3,400. These levels have consistently acted as near-term support and resistance over the past week.
New
2025.06.19 21:42The CBRT keeps rates unchanged at 46.00%, as anticipated
Turkey's central bank (CBRT) kept its One-Week Repo Rate at 46% on Thursday, matching the broad consensus.
New
2025.06.19 21:02Indian Rupee weakens amid Middle East tensions, Crude Oil price surge
The Indian Rupee (INR) extends its losing streak for a third consecutive day against the US Dollar (USD) on Wednesday, sliding to a three-month low as the escalating Middle East conflict fuels fresh supply worries and keeps Crude Oil prices elevated.
New
2025.06.19 20:48JPY soft and trading defensively - Scotiabank
The Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) but trading defensively and hitting fresh local lows as we head into Thursday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.06.19 20:47Disclaimer:
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
