USDJPY Insight
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Key Points
- ECB President Christine Lagarde stated in the European Parliament that growing global trade frictions will further increase uncertainty in the Eurozone’s inflation outlook.
- Bank of Japan (BOJ) Policy Board member Naoki Tamura argued that the BOJ should raise interest rates to around 1%, a level considered nominally neutral.
- U.S. President Donald Trump signed a proclamation at the White House imposing a 25% tariff on steel and aluminum imports into the U.S. He also mentioned that tariffs on automobiles, semiconductors, and pharmaceuticals are under review.
- On February 11-12, Federal Reserve Chair Jerome Powell will deliver his semi-annual monetary policy testimony. Attention will be on how Powell responds to questions regarding the impact of Trump’s second-term policies.
This Week’s Key Economic Events
+ February 11: Fed Chair Powell's speech
+ February 12: U.S. January Consumer Price Index (CPI), Fed Chair Powell’s speech
+ February 13: U.K. Q4 GDP, Germany January CPI, U.S. January Producer Price Index (PPI)
+ February 14: U.S. January Retail Sales
USDJPY Chart Analysis
The 154 level, which had provided support in recent days, has been broken, and the price has dropped to the 151 level. Although there is a slight upward trend in this range, it appears to be a short-term rebound. Further declines to the 149.500 level are expected.
However, if the price surpasses the 154 level during this rebound, there is a possibility of reaching the previous high, in which case we will quickly adjust our strategy.
Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- ECB President Christine Lagarde stated in the European Parliament that growing global trade frictions will further increase uncertainty in the Eurozone’s inflation outlook.
- Bank of Japan (BOJ) Policy Board member Naoki Tamura argued that the BOJ should raise interest rates to around 1%, a level considered nominally neutral.
- U.S. President Donald Trump signed a proclamation at the White House imposing a 25% tariff on steel and aluminum imports into the U.S. He also mentioned that tariffs on automobiles, semiconductors, and pharmaceuticals are under review.
- On February 11-12, Federal Reserve Chair Jerome Powell will deliver his semi-annual monetary policy testimony. Attention will be on how Powell responds to questions regarding the impact of Trump’s second-term policies.
This Week’s Key Economic Events
+ February 11: Fed Chair Powell's speech
+ February 12: U.S. January Consumer Price Index (CPI), Fed Chair Powell’s speech
+ February 13: U.K. Q4 GDP, Germany January CPI, U.S. January Producer Price Index (PPI)
+ February 14: U.S. January Retail Sales
USDJPY Chart Analysis
The 154 level, which had provided support in recent days, has been broken, and the price has dropped to the 151 level. Although there is a slight upward trend in this range, it appears to be a short-term rebound. Further declines to the 149.500 level are expected.
However, if the price surpasses the 154 level during this rebound, there is a possibility of reaching the previous high, in which case we will quickly adjust our strategy.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.