Created
: 2025.07.18
- 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 strength has paused for now - UOB Group
Breaking news
USD/JPY strength has paused for now - UOB Group
2025.07.18 20:58
2025.07.18 20:58
The current price action appears to be part of a 147.65/148.85 range trading phase. In the longer run, USD strength has paused for now; it is expected to trade in a range of 146.90/149.20, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Current price action appears to be part of a 147.65/148.85
24-HOUR VIEW: "Following the volatile price action two days ago, we indicated yesterday that 'the sharp fluctuations have resulted in a mixed outlook.' We were of the view that USD 'could continue to fluctuate, likely between 147.50 and 148.80.' USD subsequently traded in a higher range than expected (147.71/149.09) before closing at 148.60 (+0.50%). The price action appears to be part of a range trading phase. Today, we expect USD to trade between 147.65 and 148.85."
1-3 WEEKS VIEW: "After holding a positive USD stance for more than a week, we revised our view to neutral yesterday (16 Jul, spot at 148.30). We stated that 'USD strength has paused for now,' and we expected it to 'trade in a range of 146.90/149.20.' Our view remains unchanged."
Last updated
: 2025.07.18
Related articles
China Commerce Ministry: Suspends adding some US firms to unreliable entity list for 90 days
11 minutes agoPBOC sets USD/CNY reference rate at 7.1418 vs. 7.1405 previous
23 minutes agoNZD/USD gathers strength to near 0.5950 as Trump extends China tariff deadline by another 90 days
39 minutes agoGBP/USD momentum falters ahead of hefty Tuesday docket
2025.08.12 08:58USD/CAD trades flat above 1.3750, all eyes on US CPI release
2025.08.12 08:12RBA expected to cut interest rate as inflation cools, unemployment rises
2025.08.12 07:45
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
China Commerce Ministry: Suspends adding some US firms to unreliable entity list for 90 days
China's Commerce Ministry said early Tuesday that it will suspend adding some US firms to the unreliable entity list for 90 days.
New
2025.08.12 10:27PBOC sets USD/CNY reference rate at 7.1418 vs. 7.1405 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1418 as compared to the previous day's fix of 7.1405 and 7.1901 Reuters estimate.
New
2025.08.12 10:15NZD/USD gathers strength to near 0.5950 as Trump extends China tariff deadline by another 90 days
The NZD/USD pair gains ground to around 0.5940 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the Greenback after US President Donald Trump extends the China tariff deadline by another 90 days.
New
2025.08.12 09:59WTI recovers above $63.00 as Russia shrugs off US deadline to avoid sanctions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.35 during the early Asian trading hours on Tuesday. The WTI recovers some lost ground as Russia ignores the US deadline to end its war with Ukraine.
New
2025.08.12 09:14GBP/USD momentum falters ahead of hefty Tuesday docket
GBP/USD spun in a circle on Monday, wearing worry lines into the charts near 1.3430 as Cable traders buckle down ahead of a slew of key data on both sides of the Atlantic due on Tuesday.
New
2025.08.12 08:58USD/CAD trades flat above 1.3750, all eyes on US CPI release
The USD/CAD pair trades on a flat note near 1.3775 during the early Asian session on Tuesday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) as traders turn cautious ahead of a key US inflation report later on Tuesday.
New
2025.08.12 08:12Silver Price Analysis: Retreats below $38.00 as US Dollar strength weighs on metals
Silver price plunges over 1.90% on Monday as traders awaited a resolution from the White House regarding Gold tariffs. Although US President Donald Trump posted on Truth Social that Bullion would not be tariffed on August 11, broad US Dollar strength weighed on the grey's metal.
New
2025.08.12 08:03RBA expected to cut interest rate as inflation cools, unemployment rises
The Reserve Bank of Australia (RBA) is expected to announce a 25 basis points (bps) cut to the Official Cash Rate (OCR) to 3.6% from 3.85% following the conclusion of its August monetary policy meeting on Tuesday. The decision will be announced at 04:30 GMT.
New
2025.08.12 07:45Banxico Rodriguez: MXN gains from US tariff view, policy stance adequate
In an interview with El Financiero, Victoria Rodriguez Ceja, Banco de Mexico (Banxico) Governor, said that the Mexican Peso (MXN) strength was due to the market's perception of Mexico's "preferential treatment" in the US tariffs policy.
New
2025.08.12 06:08EUR/USD dips as traders brace for US CPI and geopolitical developments
The EUR/USD edges lower on Monday, down 0.26% as the Greenback is bought by traders ahead of another inflation report in the United States (US) coming Tuesday.
New
2025.08.12 05:50Disclaimer:
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
