앱 다운로드

  • Market Insights   >   Daily Market Analysis

26 May 2025,05:59

Daily Market Analysis

USD/JPY Falls as BoJ Rate Hike Bets Intensify Following Upbeat Inflation Data

26 May 2025, 05:59

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

 Key Takeaways:

*Japan’s April core inflation rose to 3.5% YoY, above forecasts.

*BoJ’s policy normalization expectations strengthen following hawkish comments from Deputy Governor Uchida.

The Japanese yen extended its rally on Tuesday, prompting a further decline in the USD/JPY pair, as markets absorbed a stronger-than-expected inflation print that renewed speculation of additional tightening by the Bank of Japan (BoJ) in the months ahead.

Japan’s headline Consumer Price Index (CPI) rose 3.6% year-on-year in April, in line with March’s reading, while core CPI, which excludes volatile fresh food prices but includes energy, accelerated to 3.5% YoY from 3.2% the previous month, topping consensus estimates of 3.4%. The figures, although marking the slowest pace of headline inflation since December, reinforce the view that underlying price pressures remain persistent.

The data comes amid a gradual shift in BoJ tone. Deputy Governor Shinichi Uchida said this week that interest rates may be raised further if the economy shows resilience against external headwinds, including the recent imposition of higher US tariffs. He also noted that inflation is expected to hover near the 2% target under the current outlook.

While a majority of economists surveyed expect the central bank to hold rates steady through September, a growing minority now anticipate a hike before year-end, as the BoJ continues to unwind its ultra-loose policy framework.

Technical Analysis

USD/JPY, H4

The USD/JPY pair is currently hovering just above a key support zone at 142.00, following several sessions of downward pressure. Technical indicators are mixed—MACD reflects weakening bearish momentum, while RSI sits near 33, suggesting the pair is approaching oversold territory.

Should the support at 142.00 break decisively, the pair could target the next psychological support at 140.30. However, if bearish momentum continues to fade, consolidation between 143.75 (resistance) and 142.00 (support) could unfold in the near term.

Resistance levels: 143.75, 146.10

Support levels: 142.00, 140.30

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!