Read more
9:26 AM · 27 March 2024

Chart of the day: USDJPY (27.03.2024)

-
-
Open account Download free app

The session on APAC markets brought an activation of market bulls on the USDJPY pair, who increased their bets on further weakness in the Japanese yen. Thus, the pair found itself in the zone of historical peaks, which capped gains on the instrument over the past 2 years. 

The BOJ's Tamura commented today that the central bank is likely to maintain an accommodative monetary policy for the time being, which, combined with the broad-market strength of the dollar, weakened the USDJPY pair. In the last 15 minutes, however, the move was negated rather abruptly by reports that the BoJ, MoF, FSA are scheduled to meet to discuss the situation in international financial markets. What's more, the meeting itself will be followed by a conference call with Kandy, a key currency diplomat, which could theoretically indicate that the current scale of yen weakness is not desirable, opening the way for currency interventions to be made.

Reaction to the meeting announcement. M5 interval. Source: xStation 

USDJPY pair on the D1 interval and a test of historical peaks. Source: xStation

11 February 2026, 6:28 PM

Daily Summary - Powerful NFP report could delay Fed rate cuts

10 February 2026, 6:47 PM

Daily summary: Weak US data drags markets down, precious metals under pressure again!

10 February 2026, 1:31 PM

BREAKING: US RETAIL SALES BELOW EXPECTATIONS

9 February 2026, 10:08 AM

Takaichi’s party wins elections in Japan – a return of debt concerns? 💰✂️

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits