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. Reserve Assets Total. The value of the indicator has increased from 1507.84B to 1622.22B
Today at 10:46 AM
Germany. German CPI (MoM). The value of the indicator remained at the same level of 0.2%
Yesterday at 6:01 AM
United States. Michigan 1-Year Inflation Expectations. The value of the indicator has decreased from 4.7% to 4.6%
10 October
Germany. Germany Trade Balance. The value of the indicator has increased from €14.7B to €17.2B
9 October
United States. 10-Year Note Auction. The value of the indicator has increased from 4.033% to 4.117%
8 October
Top news
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.4% to 0.1%
6 October
European Union. Unemployment Rate. The value of the indicator has increased from 6.2% to 6.3%
2 October
United States. ISM Manufacturing PMI. The value of the indicator has increased from 48.7 to 49.1
1 October
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
1 October
European Union. Manufacturing PMI. The value of the indicator has increased from 49.5 to 49.8
1 October
All news

Forecasts

USDJPY buy
Period: 31.12.2025 Expectation: 2000 pips
Buying USDJPY from 150.000
Chart analysis
Today at 11:20 AM 2
Bruce_Powers
NVIDIA Corporation buy
Period: 22.10.2025 Expectation: 840 pips
NVIDIA correction unlocks buying opportunities
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 10:18 AM 8
Lyra_Moonwell1
EURUSD buy
Period: 30.11.2025 Expectation: 3800 pips
Buying EURUSD due to expectations of Fed rate cuts
Wave analysis FA Other
Today at 09:22 AM 15
McCarthy_Raymond
EURUSD buy
Period: 21.10.2025 Expectation: 1200 pips
Double bottom suggests EURUSD reversal toward 1.175
Hot news Indicators Chart analysis
Today at 08:13 AM 16
Tom_Kern
USDCAD sell
Period: 22.10.2025 Expectation: 880 pips
USDCAD may correct amid escalating trade tensions
TA Other Technical analysis FA Other Hot news Fundamental analysis
Today at 07:58 AM 12
Emily_Foster
BTCUSD buy
Period: 21.10.2025 Expectation: 7500 pips
Buying Bitcoin near support as price consolidates and US trade rhetoric eases
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Yesterday at 10:59 AM 39
Lyra_Moonwell1
Go to forecasts