Will the market wait and see how much further the U.S. dollar can rise against the yen?
17.04.2026
- Canada: Housing Starts
- U.S. Leading Economic Index
In the previous day’s U.S. currency trading, the U.S. dollar rose against the yen. The USD/JPY pair rose from 158.269 to 159.303. It traded within the range of the 1-hour Bollinger Bands, between -3σ and +2σ. On the 4-hour chart, the price has moved from below the 20-period moving average (MA) to above it, while on the daily chart, it is forming higher lows just below the 20-period MA. Meanwhile, on the weekly chart, the price continues to trade above the 10-period MA.
Among European currencies, the euro fell against the U.S. dollar. The euro-dollar exchange rate dropped from 1.1823 to 1.1767. On the hourly chart, the price has moved from the +2σ to the -2σ Bollinger Band. On the 4-hour chart, the price is attempting to break below the 20-period moving average, while on the daily chart, it is currently pulling back after touching the +2σ Bollinger Band.
Today’s economic indicators include the Eurozone current account balance at 5:00 PM, the Eurozone trade balance at 6:00 PM, remarks by BOE Deputy Governor Breeden, remarks by UK MPC member Pill at 9:00 PM, Canadian housing starts at 9:15 PM, Canadian government bond turnover at 9:30 PM,at 11:00 PM: U.S. Leading Economic Index; at 12:30 AM: Remarks by Daily, President of the San Francisco Fed; at 2:00 AM: Remarks by Macklem, Governor of the Bank of Canada; and at 3:00 AM: Remarks by Waller, Member of the Federal Reserve Board. I intend to wait and see how much further the U.S. dollar can rise against the yen.
Market Reports: List of Articles
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17.04.2026
Will the market wait and see how much further the U.S. dollar can rise against the yen?
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16.04.2026
Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.
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15.04.2026
Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar
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14.04.2026
Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?
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13.04.2026
Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures
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10.04.2026
Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?
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09.04.2026
Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?
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08.04.2026
Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?
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07.04.2026
Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran
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06.04.2026
Investors should be wary of sudden spikes in volatility while major markets are closed
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03.04.2026
Will the CHF/JPY pair, which has been facing resistance at higher levels, show signs of recovery? Market participants are keeping a close eye on price movements heading into the weekend.
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02.04.2026
Will the euro, which has risen against the yen, hold onto its gains? Or will we wait and see how it moves during U.S. trading hours?
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01.04.2026
Attention is turning to the upside potential of the GBP/USD pair, which has rebounded from its year-to-date low
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31.03.2026
All eyes are on whether the Canadian dollar, which has fallen against the yen, will continue to slide lower
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25.03.2026
Will the falling euro-dollar pair recover, or should we wait and see how it moves during European trading hours?
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24.03.2026
Will the Swiss franc, which has fallen against the yen, recover? Or should we wait and see which direction it takes?
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23.03.2026
Caution over the upside potential of the U.S. dollar against the yen
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20.03.2026
Attention is turning to the upside potential of the pound, which has recovered against the U.S. dollar
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19.03.2026
Will the pound, which has fallen against the U.S. dollar, extend its decline? Keep an eye on price movements during European trading hours.
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18.03.2026
Will the Euro/Yen, which has rebounded, hold its gains? Market participants will be closely watching price movements during European trading hours.
