investingLive Asia-Pacific market news: Oil holds near highs
BOJ hike next week is a given, the real question is pace and terminal rate Houthis claim total control of Bab el-Mandeb, but wires haven’t confirmed it ANZ sees ECB…
Read More »Japanese Yen: Defensive Yen as BoJ turns hawkish – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/JPY is edging higher as the Japanese Yen trades defensively after its sharp late-August rally. The Bank of Japan’s messaging is…
Read More »Japan GDP revision cements BOJ hike bets, yen and Nikkei in focus
The revision itself was a modest beat against the preliminary figure but a miss against the median forecast, which is arguably the more useful signal here: growth held up reasonably…
Read More »Ueda signals more BOJ hikes ahead but flags cumulative rate risks
Ueda’s comments strike a carefully balanced tone that leaves the door open for further tightening without committing to a specific timeline, keeping September pricing intact without validating it outright. His…
Read More »Japanese Yen: Shifting rate expectations and currency support – Commerzbank
Commerzbank’s Volkmar Baur notes that Japanese government support for an imminent Bank of Japan rate hike has reinforced market expectations rather than surprised them. Probabilities now favor a hike as…
Read More »The USDJPY is continuing to run lower. The EURUSD and GBPUSD are little changed to kickstart the new day
The USD is mostly higher vs the major currencies with one exception, the JPY. The USD is lower vs the JPY as the pair continued its fall last week after…
Read More »investingLive Americas FX news wrap 31 Jul; It’s a wrap for the month of July
Broader US stock indices close higher but near key technical levels heading into the weekend Next Week’s Earnings Calendar: Focus Shifts Beyond Big Tech U.S. Rig Count Edges Higher Barkin:…
Read More »Japan June Manufacturing PMI (final) 54.8 (vs. preliminary 54.9, prior 54.5)
A 54.8 print marks a sixth straight month of expansion and the best quarterly run since Q1 2014, a headline strong enough to support yen-positive sentiment on the growth side,…
Read More »JGBs steady, Nikkei eases from record high as BOJ rate decision looms
The relative calm in JGBs ahead of the decision reflects a market that has already done its pricing work. A hike to 1% is not the story; Deputy Governor Uchida’s…
Read More »Japanese Yen muted amid steady US PCE data
The USD/JPY pair trades in a muted fashion toward the 159.20 region on Friday as the United States Dollar (USD) finds support following the latest inflation data, while the Japanese…
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