Created
: 2025.07.15
- 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
JPY consolidating in tight range - Scotiabank
Breaking news
JPY consolidating in tight range - Scotiabank
New
2025.07.15 20:40
2025.07.15 20:40
2025.07.15 20:40
The Japanese Yen (JPY) is flat against the US Dollar (USD) and consolidating in a tight range just above its recent lows, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Higher yields offer limited support
"Japanese Government Bonds (JGBs) are trading defensively and long-end yields are hitting fresh multi-decade highs ahead of this weekend's upper house election. Market participants appear to be concerned about the fiscal implications of the vote, given talk of consumption tax cuts to appease an inflation-weary electorate."
"Higher JGB yields would typically provide the JPY support via narrowed spreads, however sentiment appears to be dominating and the options market reveals a continued erosion in the premium for protection against JPY strength."
"For USD/JPY, we continue to highlight the importance of the two month range bound between 142.50 support and 148.00 resistance. A break would shift the focus to the 200 day MA (149.71)."
Last updated
: 2025.07.15
Related articles
USD/JPY surges closer to 149.00 as US inflation climbs, Fed rate cut bets trimmed
17 minutes agoEUR/USD sheds weight after hot CPI print shreds rate cut bets
33 minutes agoGBP/USD loses further ground after hot US CPI inflation print rocks rate cut bets
48 minutes agoDow Jones Industrial Average declines after hot CPI inflation reading
2025.07.16 01:27GBP/USD falls below 1.3400 as US inflation reignites Dollar rally
2025.07.16 00:52EUR/CHF Price Forecast: Bearish structure holds as pair hovers near 0.9300
2025.07.16 00:51
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 surges closer to 149.00 as US inflation climbs, Fed rate cut bets trimmed
The USD/JPY rallies sharply over 0.86% during the North American session, trading at 148.95, approaching the 149.00 figure for the first time since April 2025. A slightly hot CPI report in the United States (US) sent US Treasury yields soaring, while traders priced out a short-term rate cut.
New
2025.07.16 02:11EUR/USD sheds weight after hot CPI print shreds rate cut bets
EUR/USD backslid on Tuesday, falling over eight-tenths of one percent and tumbling into its lowest bids in nearly three weeks.
New
2025.07.16 01:55GBP/USD loses further ground after hot US CPI inflation print rocks rate cut bets
GBP/USD shed another two-thirds of one percent top-to-bottom on Tuesday, extending into an eighth consecutive day of Cable losses.
New
2025.07.16 01:40Dow Jones Industrial Average declines after hot CPI inflation reading
The Dow Jones Industrial Average (DJIA) fumbled on Tuesday, losing enough ground to knock the megacap index back below the previous week's close, but still holding onto near-term consolidation levels.
New
2025.07.16 01:27GBP/USD falls below 1.3400 as US inflation reignites Dollar rally
The GBP/USD extended its losses to four consecutive days after the latest inflation report in the United States (US) showed signs of rising, the first indication that tariffs triggered a jump in prices. At the time of writing, the pair trades below 1.3400, down by 0.23%.
New
2025.07.16 00:52EUR/CHF Price Forecast: Bearish structure holds as pair hovers near 0.9300
The Euro (EUR) is trading in a narrow range against the Swiss Franc (CHF) on Tuesday, with price action consolidating near the 0.9300 mark.
New
2025.07.16 00:51China: Solid Q2 GDP masks weaknesses in June - Standard Chartered
GDP growth remained solid at 5.2% y/y in Q2, while monthly data indicates signs of softening. Investment growth slowed sharply in June partly due to a deeper decline in housing investment. Deflationary pressure escalated, partly reflecting overcapacity in some sectors.
New
2025.07.16 00:34EUR/JPY climbs toward 173.00 amid persistent Yen weakness
The Euro extends its advance for the third consecutive session against the Japanese Yen on Tuesday, with EUR/JPY climbing toward the 173.00 level during the American session -- a level last seen on 12 July 2024.
New
2025.07.16 00:04Silver pulls back below $38.50 as bullish momentum fades on firm US Dollar, CPI data
The price of Silver is attempting to recover from Monday's slump as traders digest fresh economic data from China, the Eurozone, and the United States.
New
2025.07.15 22:33Canadian Dollar strengthens as traders digest inflation data from Canada and US
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Tuesday, as traders digest fresh inflation data from both Canada and the United States.
New
2025.07.15 22:08Disclaimer:
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
