Trade The World
JPY steady in quiet trade – Scotiabank
By FXStreet Insights Team
Date Published: 11 Aug 2025 | Date Modified: 11 Aug 2025
POPULAR ARTICLES
The Japanese Yen (JPY) is entering Monday’s NA session flat against the US Dollar (USD) as it consolidates just above the lower end of its recent narrow range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
The Japanese Yen (JPY) is entering Monday’s NA session flat against the US Dollar (USD) as it consolidates just above the lower end of its recent narrow range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Markets eye BoJ’s return to tightening
"The outlook for relative central bank policy remains a source of fundamental support for the JPY, as markets eye the BoJ’s return to tightening following its recent pause. Short-term rate expectations are pricing little tightening for the next meeting in September, but have about 10bpts of tightening for October and 15bpts by year-end."
"This week’s highlight will be the release of Q2 GDP data on Thursday. We look to a near-term USD/JPY range bound between 146.50 support and 148.00 resistance."
FXStreet
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More
