Analyst: A stronger catalyst is needed for USD/JPY to break above 160
智通财经2026/11/12 07:36Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Sho Suzuki, a market analyst at Matsui Securities, stated that once the USD/JPY rises above 160, market caution will further intensify.
- He pointed out that for the USD/JPY to climb even higher from that level, the US dollar would need to strengthen further, such as rising expectations of a Federal Reserve rate hike or declining expectations of a Bank of Japan rate hike; without such factors, the USD/JPY may lack sufficient momentum to test and break through the 160 threshold.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Crypto prices
MoreBitcoin
BTC
$73,449.04
-0.34%
Ethereum
ETH
$2,047.18
-0.51%
Tether USDt
USDT
$0.9988
-0.00%
BNB
BNB
$672.36
-1.09%
USDC
USDC
$0.9998
+0.01%
XRP
XRP
$1.04
-1.41%
Solana
SOL
$82.85
-0.23%
TRON
TRX
$0.3168
-0.10%
Hyperliquid
HYPE
$71.13
-0.94%
Zcash
ZEC
$985.24
+0.94%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now