USDJPY InsightUS Dollar/Japanese YenFX:USDJPYshawntime_academyHello, subscribers. Please share your personal opinions in the comments. Don’t forget to boost and subscribe. Key Points - Hawkish remarks from Fed officials continue. Alberto Musalem, President of the St. Louis Fed, said, “I believe there is limited room for further easing, and we must proceed cautiously.” Raphael Bostic, President of the Atlanta Fed, stated, “I remain concerned about inflation, which has been too high for too long. At present, I do not support moving or lowering rates, and I will continue to monitor the situation.” - Board member Myron noted that the current policy rate is “very restrictive and could pose a real risk to the Fed’s employment objectives.” He added, “In my judgment, the appropriate federal funds rate should be in the mid-2% range, nearly 2 percentage points lower than current policy.” - In Japan, following Prime Minister Ishiba’s resignation, five candidates, including Sanae Takaichi and Shinjiro Koizumi, have entered the race, with Koizumi reportedly leading in intra-party support. This Week’s Key Economic Events + September 23: U.S. Manufacturing PMI (September), U.S. Services PMI (September), Fed Chair Jerome Powell speech + September 25: U.S. GDP (Q2) + September 26: U.S. Personal Consumption Expenditures (PCE) Price Index (August) USDJPY Chart Analysis Following the FOMC meeting, the pair briefly retreated to the 145.5 level but quickly recovered, pulling the price back into the 146–149 range. It is currently trading near 147.6, with potential to rise toward the 149 level. While the range is expected to hold, we will quickly adjust our strategy if it breaks above 149 or falls below 146.