All eyes are on whether the U.S. dollar, which has strengthened against the yen, will maintain its momentum during U.S. trading hours
27.10.2025
- Remarks by RBA Governor Block
- Duke-IFO Business Climate Index
Last weekend, the U.S. dollar rose against the yen despite the U.S. September CPI, released on the 24th, coming in below market expectations. The USD/JPY pair rose from 152.208 to 153.059, trading above the 20-period moving average on the hourly chart.On the 4-hour chart, the upward trend along the 10-period moving average continues, and on the daily chart, the RSI has recovered from 53 to 65. Furthermore, during today’s Asian trading session, the pair has reached new highs and is already approaching the mid-153 yen level.
Among European currencies, the pound rose against the yen. The GBP/JPY pair rose from 203.080 to 203.986. Price action was observed moving across the 20-period moving average (MA) on the hourly chart. On the 4-hour chart, the upward trend continues, with the 20-period MA providing support on the downside. On the daily chart, the pair appears to be entering an uptrend along the 10-period MA. Furthermore, an uptrend is also visible on the weekly chart, with the 10-period MA providing support on the downside.
Today’s key events include remarks by RBA Governor Block at 5:15 p.m., the German IFO Business Climate Index at 6:00 p.m., the UK CBI Retail Trade Survey at 8:00 p.m., remarks by the President of the Dallas Fed at 11:30 p.m., a U.S. 2-year Treasury auction at 12:30 a.m., and a U.S. 5-year Treasury auction at 2:00 a.m.We will be watching to see if the US dollar, which has been firm against the yen, maintains its momentum during US trading hours.
