앱 다운로드

  • Market Insights   >   Daily Market Analysis

17 June 2025,07:14

Daily Market Analysis

Japanese Yen Drifts Lower Ahead of BoJ Policy Decision

17 June 2025, 07:14

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

 Key Takeaways:

*The Japanese Yen eased in strength ahead of the BoJ interest rate decision. 

*Yen traders may have eyes on the development of the Middle East tension to gauge the Yen’s strength. 

Market Summary:

The Japanese yen continued to edge lower as markets look ahead to the Bank of Japan’s interest rate decision, with policymakers widely expected to maintain their current policy stance. The BoJ’s cautious posture is shaped by persistent global uncertainties—ranging from renewed U.S. tariff threats under former President Trump to escalating tensions in the Middle East.

Years of ultra-loose monetary policy have left global financial markets heavily reliant on Japanese liquidity, and any abrupt tightening could risk destabilizing capital flows. Domestically, tepid earnings growth and a lack of compelling inflationary pressure further justify the BoJ’s measured approach.

In the short term, this policy inertia may keep the yen under pressure. However, should geopolitical risks intensify—particularly in the Middle East—the yen could see renewed demand as investors pivot to traditional safe-haven assets.

The yen’s direction remains highly sensitive to geopolitical developments and BoJ signals. A dovish hold is likely priced in, but an unexpected hawkish tilt or a flare-up in global risk aversion could alter the currency’s trajectory swiftly.

Technical Analysis

EURJPY, D1

The EURJPY pair surged nearly 2% after decisively breaking above its key range-bound resistance at the 164.80 level, signaling a strong bullish bias. The breakout propelled the pair to its highest level since August, with momentum now targeting the next key resistance at 168.75.

Despite the bullish trajectory, the pace of the recent rally raises the likelihood of a near-term technical retracement. The Relative Strength Index (RSI) has entered overbought territory, while the MACD remains firmly above the zero line and is diverging higher—both pointing to strengthening bullish momentum, but also flashing potential for short-term exhaustion.

While the broader trend remains constructive, traders may watch for consolidation or pullbacks before the pair attempts to clear the next resistance threshold. A sustained break above 168.75 would likely reinforce the bullish trend, while failure to hold gains could open the door to a corrective phase.

Resistance Levels: 168.75, 172.70
Support Levels:  164.66, 161.20

엣지 있게 거래 시작하기

업계 최저 스프레드와 초고속 실행으로 FX, 지수, 귀금속 등을 거래하실 수 있습니다!

  • 당사의 스탠다드 계좌는 최소 $50달러로 거래를 시작할 수 있습니다.
  • 24시간 연중무휴 고객지원
  • 수백 개의 거래 도구, 무료 교육 도구 및 최고의 프로모션을 누릴 수 있습니다.
지금 가입하기

Latest Posts

쉽고 빠른 계좌 개설

실거래계좌개설
  • 1

    회원가입

    몇 가지 간단한 과정으로 PU Prime의 실거래 계좌를 개설하세요

  • 2

    자금예치

    다양한 입출금 수단과 수용되는 통화로 손 쉽게 계좌에 예치할 수 있습니다

  • 3

    거래시작

    업계 최고의 거래 환경과 조건에서 수백 개의 상품을 거래하세요

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!