USD/JPY

2022 - 9 - 22

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USD/JPY breaking to new highs on hawkish Fed and no change by ... (FXStreet)

The USD is strong across the board after FED raised rates by 75bp yesterday, while stocks turned down. We see USD at new highs vs plenty of currencies.

USD/JPY managed to erase a portion of its daily gains and climbed above 142.00 after having dropped to a fresh two-week low below 141.00 earlier in the day. The benchmark 10-year US Treasury bond yield is up more than 4% on the day near 3.7%, making it difficult for XAU/USD to hold its ground. The stock has outperformed the main indices this year. EUR/USD has lost its bullish momentum and declined below 0.9850 in the early American session, erasing its daily gains on the way. Earlier in the day, the Bank of England announced that it hiked its policy rate by 50 bps as expected. [Gold News](https://www.fxstreet.com/markets/commodities/metals/gold) [USD/JPY recovers above 142.00, stays deep in red](https://www.fxstreet.com/currencies/usdjpy) You understand that there is a very high degree of risk involved in trading on the markets. [EUR/USD News](https://www.fxstreet.com/news?q=&hPP=17&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=EURUSD) [GBP/USD struggles to hold above 1.1300](https://www.fxstreet.com/currencies/gbpusd) We see USDJPY trading at a new high after breaking out of a triangle as expected, so there can be a fifth wave now in late stages with the first resistance at 147 followed by the second one at 148. [GBP/USD News](https://www.fxstreet.com/news?q=&hPP=17&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=GBPUSD) [Gold falls toward $1,670 amid rising US yields](https://www.fxstreet.com/markets/commodities/metals/gold) We see USD at new highs vs plenty of currencies, including JPY after no change from the BoJ policy decisions. [stocks](https://www.fxstreet.com/markets/equities) turned down.

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USD/JPY down 1% as Japan intervenes to buy the yen for the first ... (ForexLive)

However, I would be remiss not to question the effectiveness of such a move. There is no doubt that this is a big moment in financial markets but it comes at a ...

That fact alone is enough to also make the yen less alluring as a safe haven currency as compared to the dollar amid widening rate differentials. For one, officials are only intervening after a 26% drop in the currency this year. Let's take stock of the situation.

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USD/JPY outlook: Hawkish Fed and dovish BOJ lift USD/JPY (FXStreet)

The USDJPY surges through 145 barrier in early Thursday's trading and posts new 24-year high, inflated by hawkish Fed and repeatedly dovish stance fro.

The traditional anti-inflationary fiscal policy calls for lowering aggregate demand by reducing government spending, raising taxes, or both. [Read more](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-btc-struggles-to-stay-afloat-amid-reverse-currency-war-202209221823) [The evolving battle against inflation](https://www.fxstreet.com/analysis/the-evolving-battle-against-inflation-202209221548) While currency wars flare up during tumultuous economic times, they have a significant impact on Bitcoin’s price trend. AUD/USD holds on to modest gains after falling to a fresh YTD low of 0.6573, trading in the 0.6640/50 price zone. [Read more](https://www.fxstreet.com/analysis/the-evolving-battle-against-inflation-202209221548) [Gold News](https://www.fxstreet.com/markets/commodities/metals/gold) [Bitcoin struggles to stay afloat amid reverse currency war](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-btc-struggles-to-stay-afloat-amid-reverse-currency-war-202209221823) [EUR/USD News](https://www.fxstreet.com/news?q=&hPP=17&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=EURUSD) [Gold sellers keep defending the $1,680 price zone](https://www.fxstreet.com/markets/commodities/metals/gold) [AUD/USD News](https://www.fxstreet.com/news?q=&hPP=20&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=AUDUSD&is_v=1) [EUR/USD hovers around 0.9840 as risk aversion weighs](https://www.fxstreet.com/currencies/eurusd) No liability accepted whatsoever for any direct or consequential loss arising from the use of this document. [Feed news](/news/feed) [Join Telegram](https://t.me/fxstreetforex) [AUD/USD subdued around 0.6650 ahead of Australian growth hints](https://www.fxstreet.com/currencies/audusd) Any opinions expressed herein are in good faith, but are subject to change without notice.

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