Close Menu
Daily ForexDaily Forex
  • Home
  • Broker Comparison
  • Market Rates
  • Market Updates
  • News
  • About us
  • Contact us
  • List your Broker
  • Advertise with us

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

3 Must-Know Risk Management Strategies for New Crypto Traders

May 31, 2025

How to Use Pivot Points to Gauge Market Sentiment in Forex Trading

May 31, 2025

How to Use Technical Analysis When Trading Crypto

May 30, 2025
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • List Your Broker
  • Advertise with Us
  • Economic Calendar
Facebook X (Twitter) Instagram YouTube Telegram
Daily ForexDaily Forex
Demo
  • Home
  • Broker Reviews
  • Learn Forex
  • Learn Crypto
  • Market Rate
  • Market Updates
  • News
Daily ForexDaily Forex
Home » USD/JPY & AUD/USD Outlook – PMIs and Tariff Sentiment Drive Direction
Currency Updates

USD/JPY & AUD/USD Outlook – PMIs and Tariff Sentiment Drive Direction

By Hamza ShahApril 23, 20251 Comment3 Mins Read3 Views
Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
USD/JPY and AUD/USD forex chart outlook influenced by PMI releases and global tariff sentiment.
Share
Facebook Twitter LinkedIn Pinterest Email

April 23, 2025 – DailyForex.pk
This week’s focus in the forex market turns sharply toward Japanese and Australian PMI data, evolving trade dynamics, and central bank rhetoric, as traders look for cues on the direction of USD/JPY and AUD/USD.


🇯🇵 USD/JPY Forecast: Japan PMIs and BoJ Outlook in Spotlight

Japan’s April flash PMIs, released Wednesday, highlight a fragile economic backdrop that could influence the Bank of Japan’s (BoJ) next rate move. Markets are particularly focused on the Jibun Bank Services PMI, forecast at 49.7, which—if confirmed or worse—would dip below the neutral 50 level and signal contraction in the service sector.

This would raise concerns about a looming recession, dampen rate hike expectations for H1 2025, and possibly weaken demand for the Japanese Yen. On the other hand, any upside surprise could reignite hawkish BoJ bets and drive the yen stronger.

💹 USD/JPY Scenarios

  • Bullish Yen: Strong Japan Services PMI, geopolitical tensions, or hawkish BoJ tone → Targets 140.30
  • Bearish Yen: Weak PMI, easing US-China trade tension, or dovish BoJ signals → Pair may test 145.00

🇺🇸 US PMIs and Fed Signals: Key Drivers for USD/JPY

Later in the day, traders will digest S&P Global US PMIs, especially the Services PMI, projected to fall from 54.4 to 52.8 in April. With services accounting for 80% of the US GDP, the data holds significant weight.

  • A weak print may boost recession fears and rate cut bets—bearish for the dollar.
  • A strong reading would likely reduce expectations of a June Fed rate cut, favoring USD strength.

Fed commentary and tariff developments will also influence intraday volatility in USD/JPY.


🇦🇺 AUD/USD Forecast: Australian PMIs Exceed Expectations

Australia’s latest Judo Bank PMIs surprised to the upside:

  • Manufacturing PMI eased to 51.7 (from 52.1)
  • Services PMI slightly dipped to 51.4 (from 51.6)

Despite the slight slowdown, the reports show:

  • Strong new business activity, driven by domestic demand
  • Rising inflation pressures from higher input costs
  • Increased staffing, hinting at labor market resilience

This data diminishes the chances of a near-term RBA rate cut, especially amid persistent tariff risks and currency-related cost pressures.

📊 AUD/USD Scenarios

  • Bullish AUD: Trade optimism or hawkish RBA → Break above 200-day EMA, targeting 0.65
  • Bearish AUD: Renewed trade threats or dovish RBA signals → Break below 0.6362, eyeing 0.63

🌍 Macro Themes to Watch

  • USD/JPY: Japan PMIs, US PMI results, BoJ statements, Fed tone
  • AUD/USD: Australian economic data, RBA rhetoric, China’s stimulus policy, US-China tariff talks

📈 Technical Outlook: Charts Signal Mixed Trends

🔹 USD/JPY – Bearish Bias Grows

  • Price still trades with resistance near 145, while support sits at 140.30
  • Any shift in rate expectations could spark sharp moves

🔹 AUD/USD – Bullish Momentum Holds

  • Pair remains above key moving averages
  • Watch for a sustained move above 0.65 or breakdown below 0.6362

📍 For the latest forex forecasts, central bank insights, and market-moving data, visit www.dailyforex.pk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EUR/USD Slides Toward 1.1300 as Global Bond Rally Offsets EU Trade Optimism

May 28, 2025

Bitcoin Nears $112K as Japan’s Bond Market Crisis Triggers Crypto Rally — Ethereum and XRP Follow Bullish Patterns

May 28, 2025

Gold Prices Tumble Amid Renewed Trade Optimism and Investor Shift to Risk Assets

May 28, 2025

Gold Price Forecast: XAU/USD Holds Firm as Bulls Eye Breakout Amid Mixed Market Signals – May 27, 2025

May 27, 2025

EUR/USD Nears 1.1400 as Tariff Delay Boosts Euro Confidence – May 27, 2025

May 27, 2025

AUD/USD, NZD/USD, USD/JPY Weekly Outlook: Risk Trends, RBA Dovish Tone & US Policy Concerns Shape Momentum

May 27, 2025

1 Comment

  1. Pingback: AUD/USD Falls to 0.6350 on Rising Trade War Concerns

Leave A Reply Cancel Reply

Top Posts

Should Forex Traders Use Brokers Offering Deposit Bonuses? Is It Really Worth It?

March 6, 20252,715 Views

Pakistan Confident in IMF Bailout Review as Economic Stability Gains Momentum

March 4, 20252,651 Views

Gold Price in Pakistan Today – March 7, 2025 (Morning Update)

March 7, 20252,640 Views
Don't Miss

3 Must-Know Risk Management Strategies for New Crypto Traders

May 31, 2025

Learn 3 proven risk management strategies for crypto trading beginners to reduce losses and protect your investments.

How to Use Pivot Points to Gauge Market Sentiment in Forex Trading

May 31, 2025

How to Use Technical Analysis When Trading Crypto

May 30, 2025

How to Use Pivot Points to Trade Breakouts (Like a Pro)

May 30, 2025
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews
Daily Forex
Facebook X (Twitter) YouTube
  • Home
  • Privacy Policy
  • Terms of use
  • Disclaimer
  • Feedback
Copyright © 2025 DailyForex.pk. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.