Created
: 2025.11.17












2025.11.17 23:48
The Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) and a mid-performer among the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
"Markets have offered no meaningful response to the release of better than expected GDP data for Q3, where the preliminary print revealed a contraction of 1.8% QoQ (vs. -2.4% exp.). This week's highlight will be the CPI data scheduled for release on Friday, where headline and core are expected to hold steady around 3.0%."
"The outlook for the BoJ remains hawkish but rates markets are pushing out the timing of the anticipated hike, with December now priced at 8bpts, and January at 18bpts. USD/JPY's technicals are bullish, with an RSI in the mid60s. Near-term resistance has been observed around 155, and additional resistance is expected at 157.50."
![]()
Created
: 2025.11.17
![]()
Last updated
: 2025.11.17
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.
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].
Disclaimer:
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