markets · · forex.com
USD/JPY Weekly Outlook: AI earnings could overshadow the Fed and BoJ
A sharp midweek unwind in US Treasury yields, driven by deteriorating sentiment towards AI-related investment, was enough to knock USD/JPY out of its narrow trading range between the 50 and 200-day moving averages last week. However, a stabilisation in sentiment towards the back end of the week was enough to reverse part of those moves on Friday, delivering a bullish signal on the daily chart.
A sharp midweek unwind in US Treasury yields, driven by deteriorating sentiment towards AI-related investment, was enough to knock USD/JPY out of its narrow trading range between the 50 and 200-day moving averages last week. However, a stabilisation in sentiment towards the back end of the week was enough to reverse part of those moves on Friday, delivering a bullish signal on the daily chart.
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