Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
USD/JPY surges on Fed hold and US-UK trade optimism
By: bitcoin ethereum news|2025/05/09 07:45:02
0
Share
USD/JPY gains on Fed decision and upbeat US-UK trade news. US jobless claims fall to 228K, supporting broad USD strength. Technical indicators show support at 144.78 and resistance at 146.18. The USD/JPY pair surged higher as the US Dollar (USD) strengthened following the Federal Reserve’s decision to leave interest rates unchanged, coupled with renewed optimism over US-UK trade ties. US President Donald Trump highlighted what he described as a “major breakthrough” in trade relations with the United Kingdom, boosting market sentiment. However, caution remains as details about the agreement indicate that a 10% tariff on UK goods will remain, potentially tempering initial enthusiasm. The US Dollar Index (DXY) pushed past the critical 100.00 mark, supported by robust economic data and the Federal Reserve’s steady policy stance. Weekly jobless claims fell to 228K for the week ending May 3, down from 241K in the prior week, signaling continued strength in the US labor market. The Bank of Japan (BOJ) minutes from its March meeting showed a cautious outlook, with policymakers concerned about the impact of US tariffs on Japan’s export-dependent economy. This divergence in central bank policies has favored the USD over the JPY. Technical Analysis Technically, USD/JPY is trading in a bullish pattern, currently hovering near 146.00 after reaching a daily high of 146.18. The RSI stands at 54.16, reflecting a neutral bias, while the MACD shows a clear buy signal. Short-term moving averages, including the 10-day EMA (143.90) and 10-day SMA (143.69), are aligned in a bullish configuration. However, longer-term resistance levels remain at the 100-day SMA (150.55) and 200-day SMA (149.58), potentially capping further gains. Key support levels are identified at 144.78, 144.63, and 144.56, while resistance is seen at 146.18, 146.42, and 148.35. In summary, USD/JPY remains poised for further upside as long as it holds above key support levels, with traders closely monitoring incoming US economic data and geopolitical headlines for potential volatility in the coming sessions. Daily Chart Source: https://www.fxstreet.com/news/usd-jpy-surges-on-fed-hold-and-us-uk-trade-optimism-202505082130
You may also like
Slow Down, That's the Answer to the Age of the Agent
Rather than worrying about AI, it's better to regain control of pace and judgment
From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...
Who will own the most Bitcoin in 2026
In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.
A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.
"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
The encryption czar has left, and Trump has muted.
From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC
Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.
A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic
Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed
a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized
Essentially, this attribute allows stakeholders to have a "virtual lane" within a high-throughput blockchain to ensure their transactions can be included.
a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized
Essentially, this attribute allows stakeholders to have "virtual lanes" within a high-throughput blockchain, ensuring that their transactions can be included.
2% user contribution, 90% trading volume: The real picture of Polymarket
Is Polymarket a battleground for retail investors or an arena for institutions?
Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire
From Oil Prices and Elections to Secret Negotiations, Are the US and Iran Really Heading for a Ceasefire?
Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief
The "Orwellian" Term Stymies Pentagon's Supply Chain Risk Label for Anthropic
Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers
Hyperliquid has captured this wave of geopolitical market trends with commodity contracts. Decentralized exchanges are moving from internal competition within the crypto industry to a genuine alternative to traditional financial infrastructure, and this direction has only just begun.
Iran War Stalemate: What Signal Should the Market Follow?
Watch the Bond Market
Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?
Can technological advancement be guided, or has it already gone beyond our control?
Insider Trading Alert! Will Trump Call a Truce by End of April?
Multiple Accounts Accurately Predict War, Earn $1.8 Million
After establishing itself as the top tokenized stock, does Ondo have any new highlights?
The total market capitalization of the global stock market is about $150 trillion, while the tokenized stocks market is currently only $10 billion in size, making it akin to a nascent super market that has just cracked the door open.
BIT Brand Upgrade First Appearance, Hosts "Trust in Digital Finance" Industry Event in Singapore
Discussing topics such as governance standards, compliance frameworks, and operational infrastructure within the context of the institutionalization process
Slow Down, That's the Answer to the Age of the Agent
Rather than worrying about AI, it's better to regain control of pace and judgment
From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...
Who will own the most Bitcoin in 2026
In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.
A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.
"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
The encryption czar has left, and Trump has muted.
From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC
Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.
App