Japanese yen still loses its basis in relation to the broadly recovery of the American dollar

Japanese yen attracts sellers on the third day in a row among a positive tone of risk.
A modest reflection of USD from multi -month low additional support for the USD/JPY pair.
The divergent expectations of the BOW may limit a few before the risk of central bank events.

Japan Japan (JPY) retains its negative prejudice among the modest revival of the American dollar (USD) from a multi -month low level and raises a pair of USD/JPA further more than half of 149.00, which is almost two weeks during the Asian session on Tuesday. In addition, the positive mood of the market, strengthened by the latest Chinese stimulus and hopes for the peace agreement of Ukraine, undergoes a safe and sound JPA and is still pushing a pair of USD/JPY in third place in a row.

Any significant JPA cushioning still seems elusive as a result of the attachment of the expectations that the Bank of Japan (Bij) will continue to raise interest rates in 2025. The positive results from the Shunto Spring spring negotiations have been confirmed. This means a enormous discrepancy compared to the growing market acceptance that the Federal Reserve (FED) will reduce interest rates several times this year, which may limit USD and USD/JPy pairs.

Traders can also refrain from erecting aggressive plants and decide to move out of the way in front of the key risk of central bank events this week. Boj is to announce its political decision on Wednesday, followed by the result of a two -day FOMC meeting. Investors will look for tips on future political perspectives, which in turn play a key role in the impact and determination of the next stage of directional traffic for the USD/JPY pair.

Japanese yen weakens as a result of a positive risk tone and a certain change in the position before the risk of central events

Before talking about Ukraine with Russian President Vladimir Putin, US President Donald Trump expressed optimism that both parties would be able to suspend weapons and ultimately peace agreement. This occurs on a special Chinese action plan to escalate domestic consumption announced over the weekend and remains supported by the positive mood of the market.
The Japanese Minister of Finance Katsunobu Kato spoke on his regular press conference on Tuesday and said that bond markets should dictate profit movements. Kato added that the government will react accordingly, while enabling market forces to escalate bond price fluctuations. This is a low height of 40-year-old Japanese government bonds to a record level.
Preliminary results of annual spring negotiations in Japan, which ended on Friday, showed that companies largely agreed to trade demands regarding a mighty wage escalate in the third year in a row. It is expected to escalate consumer expenses and contribute to growing inflation, which in turn gives the bank of Japan to escalate interest rates.
In contrast to the fact that traders are now valued in the range of 25 basic points of the FED at political meetings in June, July and October among concerns about the US economic slowdown based on tariff, signs of a nippy labor market and mitigation of inflation. This may limit the attempt to recover the US dollar from the lowest level since October 2024 affected on Monday.
On the front of economic data, the American census office announced on Monday that retail sales in the US increased in February by 0.2% compared to a reduced decrease by 1.2% in the previous month. However, this was not a lack of expectations about 0.7%growth, signaling consumer caution and convincing evidence for the FED to soon resume the cycle of politics.
Traders now expect Docket Economet on Tuesday – with the issue of building permits, housing starts and industrial production data – for a certain impulse. However, it will focus on key decisions regarding the BOJ rates on Wednesday, which will play the key in determining the next stage of directional traffic for the USD/JPy pair.

USD/JPY can climb further in the direction of 150.00 psychological sign; 100 % SMA on a 4-hour table contains the key

From a technical point of view, accommodation on a night above 100-period movable medium (SMA) on a 4-hour table and subsequent strength above the sign 149.00 can be seen as a key trigger for bulls. In addition, oscillators on the aforementioned chart gain positive adhesion and support the prospects of additional profits. Hence, the following force, back in the direction of regaining the psychological sign 150.00, looks like a clear possibility. However, any further movement up is more likely that it will face unyielding resistance and remain confined near the region of 150.75-150.80, representing the 200-speed SMA on a 4-hour table.

On the other hand, the area 149.20, followed by a sign 149.00 and region 148.80 (200-speed SMA on a 4-hour chart) now seems to protect a direct disadvantage. The convincing break below the above-mentioned support levels suggests that the recent movement over the past week has been missing and dragged a pair of USD/JPY to support 148.25-148.20 on the way to point 148.00. The downward trajectory can stretch further towards the area of 147.70, the region 147.20 and the mark 147.00, before the point prices finally drops to test the limit of several months, around 146.55-146.50 affected on March 11.