Ethan NakamuraForex and Central-Bank Developments
USD/JPY Falls Through the 155 Level
The dollar declined 1.14% against the yen to approximately ¥154.42, having traded above ¥160 as recently as September 1.
The break below ¥155 attracted attention as investors reconsidered carry trades funded with low-cost Japanese borrowing. Reuters currency-market report
BOJ and Federal Reserve Expectations Diverge
Markets assigned about a 75% probability to a quarter-point BOJ rate increase at its September meeting. The Bank of Japan meeting is scheduled for September 17–18. BOJ calendar
The United States added 162,000 jobs in August, while unemployment remained at 4.1%. US Bureau of Labor Statistics
What traders should watch next
- US producer-price data on September 10
- US consumer inflation on September 11
- USD/JPY around ¥154–¥155
- Federal Reserve decision on September 16
- BOJ meeting ending September 18
#Forex #JapaneseYen #USDJPY #BankOfJapan
Risk disclaimer: Forex and leveraged trading involve substantial risk. This article provides general market information, not personalized investment advice.
