Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
12 December 2022 | Other

HSBC: dollar could move higher against the yen amid hawkish Fed stance

EURJPY
USDJPY

HSBC economists believe that the U.S. dollar is likely to rise against the yen. This is due to the Fed’s hawkish stance.

In fact, USDJPY is linked to yield differentials between the two countries. But there is no risk for the foreign exchange market to be intervened by the Ministry of Finance of Japan. So, the potential for the yen to strengthen against the dollar is limited, despite the remaining risks of interference.  

Further monetary tightening by the Fed is likely to lead to the yen weakening against both the U.S. dollar and the euro. However, increased concerns on China's economic outlook could offer support to the Japanese currency. 

Company MarketCheese

Recommended

European Union. CFTC EUR speculative positions. The value of the indicator has decreased from 21.1K to 9.3K
Yesterday at 7:47 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has increased from -67.8K to -62.8K
Yesterday at 7:47 PM
United States. Michigan 1-Year Inflation Expectations. The value of the indicator has increased from 3.4% to 3.8%
Yesterday at 2:01 PM
United States. Current Account. The value of the indicator has increased from -239.1B to -190.7B
25 March
United States. Manufacturing PMI. The value of the indicator has increased from 51.6 to 52.4
24 March
Top news
European Union. Manufacturing PMI. The value of the indicator has increased from 50.8 to 51.4
24 March
European Union. Trade Balance. The value of the indicator has decreased from 11.2B to -1.9B
20 March
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
19 March
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
19 March
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
19 March
All news

Forecasts

AUDCAD buy
Period: 30.04.2026 Expectation: 1100 pips
Buying AUDCAD from support zone
FA Other Indicators and reports Hot news Indicators
Yesterday at 11:24 AM 23
Reed_Marcus
Brent sell
Period: 03.04.2026 Expectation: 920 pips
Brent crude is poised to dip further on rising selling pressure above $106.00
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 10:45 AM 47
Lyra_Moonwell1
USDCAD buy
Period: 03.04.2026 Expectation: 950 pips
USDCAD gains ground on risk aversion and soft Canadian data
Technical analysis Indicators and reports Hot news Indicators Fundamental analysis
Yesterday at 09:34 AM 26
Emily_Foster
GBPUSD sell
Period: 31.05.2026 Expectation: 3500 pips
GBPUSD selloff takes hold as UK inflation expectations soar
FA Other Indicators and reports Chart analysis Hot news
Yesterday at 08:46 AM 17
Sinclair_John
GBPUSD sell
Period: 30.04.2026 Expectation: 1400 pips
Selling GBPUSD down to 1.3200
TA Other FA Other
Yesterday at 07:12 AM 17
Bruce_Powers
S&P 500 buy
Period: 30.04.2026 Expectation: 1300 pips
Investing in SPX from $6,640
TA Other FA Other
Yesterday at 03:30 AM 17
Bruce_Powers
Go to forecasts