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USD/JPY Price Forecast: 158.00 caps upside as the pair consolidates near January 2025 highs
The Japanese Yen (JPY) gains modest ground against the US Dollar (USD) at the start of the week as the Greenback comes under pressure across the board, following reports of a criminal probe involving Federal Reserve (Fed) Chair Jerome Powell that have unsettled market sentiment.
Fxstreet
Mon, Jan 12
FOREX-Euro, Swiss franc rally with Fed independence back in spotlight
Trump administration move against Powell boosts dollar risk premiumInvestors still unwilling to price in loss of Fed independenceAbn Amro economist sees chances of more hawkish FedInvestors cautious on yen amid political concernsBy Stefano Rebaudo Jan 12 (Reuters) - The safe-haven Swiss franc and...Reuters
Mon, Jan 12
USD/JPY: 158.90 is likely out of reach today – UOB Group
Strong momentum indicates further US Dollar (USD) strength; deeply overbought conditions suggest that 158.90 is likely out of reach today. In the longer run, USD is likely to continue to rise; the level to watch is 158.90, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jan 12
Sterling rallies vs dollar, flat against euro as risk premium unwinds
By Stefano Rebaudo Jan 12 (Reuters) - Sterling rallied against the U.S. dollar on Monday, alongside the euro and the Swiss franc, after the Trump administration threatened Federal Reserve Chair Jerome Powell with a criminal indictment.The greenback fell sharply as the unprecedented move raised co...Reuters
Mon, Jan 12
USD/JPY trades close to yearly high near 158.20 amid Trump-Powell feud
The USD/JPY pair trades firmly to its yearly high near 158.20 during the European trading session on Monday. The pair remains broadly firm while both the US Dollar (USD) and the Japanese Yen (JPY) are underperforming during the day.Fxstreet
Mon, Jan 12
Brazil Economists See 2026 Inflation At 4.05% - Cenbank Poll
Jan 12 (Reuters) - Brazil central bank poll:BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.05% IN 2026 VERSUS 4.06% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 3.80% IN 2027 VERSUS 3.80% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMI...Reuters
Mon, Jan 12
Birkenstock preliminary Q1 revenue up 17.8% in constant currency
OverviewFootwear brand's preliminary fiscal Q1 revenue grew 17.8% in constant currencyPreliminary Q1 revenue of €402 mln missed analysts' expectationsOutlookCompany did not provide specific guidance for future quarters or fiscal yearResult DriversCURRENCY IMPACT - Revenue growth of 17.8% in ...Reuters
Mon, Jan 12
FOREX-Euro, Swiss franc rally with Fed independence back in spotlight
Trump administration move against Powell boosts dollar risk premiumInvestors still unwilling to price in loss of Fed independenceAbn Amro economist sees chances of more hawkish FedInvestors cautious on yen amid political concernsBy Stefano Rebaudo Jan 12 (Reuters) - The safe-haven Swiss franc and...Reuters
Mon, Jan 12
AUD/USD: Likely to trade between 0.6655 and 0.6745 – UOB Group
Instead of extending its decline, Australian Dollar (AUD) is more likely to range-trade between 0.6670 and 0.6710. In the longer run, the current price movements are likely part of a range-trading phase between 0.6655 and 0.6745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jan 12
JPY struggles amid political uncertainty – ING
Picking a bottom on the Japanese Yen (JPY) remains hard. Speculation that Prime Minister Sanae Takaichi will dissolve the parliament and call snap elections has continued to rise over the weekend, ING's FX analyst Francesco Pesole notes.Fxstreet
Mon, Jan 12
GBP/USD: Chance to test the major support at 1.3370 – UOB Group
Even without a significant increase in downward momentum, Pound Sterling (GBP) may yet test the major support at 1.3370. In the longer run, GBP could decline to 1.3370, potentially reaching 1.3340, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Jan 12
EMERGING MARKETS-EM equities gain as AI optimism outweighs Trump's Fed threats; South African stocks soar
Stocks up 0.9%, FX flatSouth African equities touch record highU.S. dollar weakens amid Fed independence concernsHungary's industrial output drops 5.4%By Ragini Mathur and Twesha Dikshit (Reuters) - Emerging market equities advanced on Monday with artificial intelligence-driven optimism in As...Reuters
Mon, Jan 12
