Author: FX
The USD/JPY pair loses ground to near 157.50 during the early Asian session on Monday. The prospect of further US Federal Reserve (Fed) interest rate cuts in 2026 weighs on the US Dollar (USD) against the Japanese Yen. Financial markets are likely to trade in a subdued mood as investors position themselves ahead of the long holiday period. The US Chicago Fed National Activity Index report for September is due later on Monday. The recent soft US inflation and cool jobs reports have fueled market expectations for at least two 25-basis-point rate cuts from the US central bank next year. This contrasts with a…
Happy Holidays! We’re heading into Christmas week, and it’s going to be a weird one globally. We’ve got some major economic data drops (hello, U.S. GDP, UK GDP, Canada GDP, and Tokyo CPI!), then everything gets pretty quiet as the holidays take over. Think of it as the market’s version of scarfing down a big meal on Monday-Tuesday before everyone passes out on the couch for the rest of the week. Even I’m thinking about shutting down for the week… The big question: Will the data shake things up enough to move markets before liquidity dries up? With Christmas landing…
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The KDJ Indicator is a variation of the popular stochastic oscillator, designed to show overbought and oversold conditions in the market. It uses three lines—%K, %D, and %J to signal potential reversals and trend continuations. Traders can see momentum shifts before they happen, allowing them to react faster than relying solely on price action. Its simplicity makes it perfect for those who want a clear visual guide without overcomplicating their charts. How It Works The %K line represents the current market momentum, while %D smooths it to reduce false signals. The %J line, unique to KDJ, can move beyond the…
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USD/JPY was up 220 pips on Friday and that’s not what anyone in Japan wanted to see. As bad as that looks, the reality is worse.The persistent strength of the US dollar against the yen since mid-year is increasingly problematic and Friday we might have hit a boiling point. That’s because top Japanese officials did two things that would normally support the yen and the opposite happened. It highlights a market with abundant sellers that are unafraid.First, the Bank of Japan hiked rates to 0.75%. That’s the highest in 30 years and though the move was widely (though not totally)…
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