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Key Points
- Japan’s stock market will be closed from January 1 to January 3 for the New Year holidays.
- U.S. Treasury yields are rising due to rebalancing that adjusts the duration of the U.S. Treasury index. This has strengthened the dollar, pushing the U.S. 10-year Treasury yield to the upper 4.5% range.
- Market analysts expect the dollar to remain strong in early 2025, driven by several of Trump’s initial policy measures. The Fed is anticipated to resume easing policies in the second half of the year.
Major Economic Events
+ January 2: Japan market holiday, U.S. December Manufacturing PMI
+ January 3: U.S. December ISM Manufacturing PMI
USD/JPY Chart Analysis
With the Japanese stock market on holiday and the dollar showing strength, USD/JPY is also on an upward trend. Recently, the pair has consistently tested the 158 level.
If USD/JPY successfully breaks above the 158 level, a further rise toward the 160–161 range is expected. However, if the breakout attempt fails, the pair could retreat to around the 154 level.
While the overall outlook leans bullish, I will quickly revise my strategy should the market shift to a bearish trend.
It’s great to see you all here. Please feel free to share your personal opinions in the comments. Don’t forget to hit that like button and subscribe!
Key Points
- Japan’s stock market will be closed from January 1 to January 3 for the New Year holidays.
- U.S. Treasury yields are rising due to rebalancing that adjusts the duration of the U.S. Treasury index. This has strengthened the dollar, pushing the U.S. 10-year Treasury yield to the upper 4.5% range.
- Market analysts expect the dollar to remain strong in early 2025, driven by several of Trump’s initial policy measures. The Fed is anticipated to resume easing policies in the second half of the year.
Major Economic Events
+ January 2: Japan market holiday, U.S. December Manufacturing PMI
+ January 3: U.S. December ISM Manufacturing PMI
USD/JPY Chart Analysis
With the Japanese stock market on holiday and the dollar showing strength, USD/JPY is also on an upward trend. Recently, the pair has consistently tested the 158 level.
If USD/JPY successfully breaks above the 158 level, a further rise toward the 160–161 range is expected. However, if the breakout attempt fails, the pair could retreat to around the 154 level.
While the overall outlook leans bullish, I will quickly revise my strategy should the market shift to a bearish trend.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.