Read more
12:50 PM ยท 13 September 2024

USDJPY drops to lowest levels since early 2024 ๐Ÿ“‰

-
-
Open account Download free app

The Japanese yen leads gains in today’s FX session amid uncertainty over the size of the expected Fed rate cut and BoJ bankers’ continued willingness to continue the rate hike cycle. USD/JPY is down 0.7% and is breaking out to levels not seen since January of this year.

Options positioning continues to support the yen’s gains, although the extent of USDJPY hedging has been decreasing since early August. Source: Bloomberg Financial LP

The spread between Japanese and US interest rate expectations has undermined the long-standing USDJPY carry trade, triggering a slide in USDJPY. The renewed expectation of a 50 basis point US rate cut next week is putting further pressure on the dollar, strengthening the Fed’s heavily policy-dependent yen. Source: Bloomberg Financial LP

USDJPY breaks to the lowest levels since early 2024.  Source: xStation

 

11 February 2026, 6:28 PM

Daily Summary - Powerful NFP report could delay Fed rate cuts

11 February 2026, 1:31 PM

BREAKING: US100 jumps amid stronger than expected US NFP report

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report ๐Ÿ’ก

11 February 2026, 6:33 AM

Morning Wrap: Dollar in a trap, all eyes on NFP ๐Ÿ›๏ธ(February 11, 2026)

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 Comissรฃo de Valores Mobiliรกrios (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