Should we keep an eye on the franc-yen pair, which has hit a new high and broken into the 150-yen range?

Should we keep an eye on the franc-yen pair, which has hit a new high and broken into the 150-yen range?

15.09.2022

Yesterday, the U.S. dollar weakened against both the yen and the euro, with both currencies falling.The EUR/USD pair rebounded by just under 70 pips, rising from 0.9956 to 1.0023. However, during today’s Asian trading session, the U.S. dollar regained strength, and the pair has since fallen below parity, currently trading around 0.9959. Since the pair is trading below the 20-day moving average on the daily chart, we should watch to see if the downward trend continues.

Among European currencies, the Swiss franc hit a new high against the yen this year, with the CHF/JPY pair breaking through the key 150-yen level and briefly touching 150.712. However, the rally did not hold, and the pair has since pulled back; it is currently trading at 149.037. Since the daily RSI has exceeded 70, we should remain cautious about a continued decline.

Today’s schedule includes the French Consumer Price Index at 3:45 PM, Turkish home sales at 4:00 PM, the Eurozone trade balance at 6:00 PM, U.S. initial jobless claims and U.S. retail sales at 9:30 PM,the U.S. New York Fed Manufacturing Index, the U.S. Philadelphia Fed Business Outlook Index, and the U.S. Import Price Index at 9:00 PM; Canadian Existing Home Sales at 10:00 PM; U.S. Industrial Production and U.S. Capacity Utilization at 10:15 PM; U.S. Business Inventories at 11:00 PM; and U.S. Weekly Natural Gas Inventories at 11:30 PM. We will be watching the movement of the CHF/JPY pair, which has hit a new high.

Past Market Reports

1. 22.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 21.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 20.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

4. 17.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

5. 16.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

6. 15.04.2026

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

7. 14.04.2026

   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

8. 13.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

9. 10.04.2026

   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?

10. 09.04.2026

    Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?