The Japanese Yen edges lower as the BoJ is widely expected to leave interest rates unchanged on Friday. The downside of the Japanese Yen could be limited as investors’ caution prevails ahead of the BoJ policy decision on Friday. CME FedWatch Tool indicates that the likelihood of a Fed rate cut in September decreased to 61.5, […]
The Japanese Yen lost ground as US Dollar advanced on robust jobs data. The mixed Japanese data may limit the downside of the JPY. Japan’s 10-year government bond yield moves above 1.01% ahead of the BoJ policy meeting on Friday. The Japanese Yen (JPY) edges lower for the successive second trading day on Monday. The […]
GBP/JPY depreciated as Japan’s Suzuki mentioned taking action against excessive currency volatility if needed. Japan’s foreign exchange reserves declined to $1,231 billion in May, reaching their lowest level since February 2023. The slower progress in the disinflation process diminishes the likelihood of multiple BoE rate cuts this year. GBP/JPY extended losses for the second consecutive day, […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
Share: Early Wednesday morning in Asia, the latest Reuters Tankan survey showed that the sentiment at big Japanese manufacturers fell in July for the first time in six months while confidence at non-manufacturers – while still very robust – edged down for a second straight month. The survey acting as a leading indicator […]
Share: Japan’s top currency diplomat Masato Kanda said early Tuesday that he is communicating with various countries including the US over currencies, per Reuters. It’s worth noting that Japan Chief Cabinet Secretary Hirokazu Matsuno and Finance Minister (FinMin) Shunichi Suzuki have also recently flagged concerns about the Asian major’s market intervention as the […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
