USD/JPY breaches support around 155.15 and tests near 154.00 on Monday (page stamp 154.06) as the yen hits fresh six-month highs on steeper BoJ hike hopes.
USD/JPY breaches support around 155.15 and tests six-month lows near 154.00 on Monday. The page headline stamps 154.06.
Steeper BoJ hike hopes are the driver. Danske Bank on this wire cites Takuji Aida’s call for a September hike then another by January — that path is already live on our Aida note. Deutsche Bank’s Shreyas Gopal frames NBIM’s planned rotation as a notable cut in US Treasuries and a rise in JGBs, potentially supportive for the yen over a medium term.
This is a separate European-session URL from USD/JPY post-NFP ~155.85, Japan MoF, and GBP/JPY six-month low.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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GBP/JPY weakens below 209.00 in early European trade Monday — its lowest since February 24 — as the yen rallies on fully priced BoJ 25 bp hike bets for September 17–18.
EUR/USD hovered just above 1.1610 at the European open Monday despite Germany’s July industrial production falling 1.1%. Destatis forecast +0.1% and a separate consensus at 0.3% are both quoted.
EUR/GBP loses ground to around 0.8585 in early European trade after Destatis July industrial production fell 1.1% m/m. Consensus +0.3% and Destatis-side forecast +0.1% are both quoted; they are not averaged.