Emerging Market Currencies Around 19.0000
USDIndex, Daily The USDIndex has stabilised after correcting yesterday in the wake of US bank troubles that pulled global stock markets lower. Wednesday’s post Powell 105.85 2023 high has now…
Read More »USD/JPY drops under its overnight low ahead of BOJ meeting today
<p>USD/JPY activity is thnner than normal with the Bank of Japan meeting announcement due in around 3 hours time (there is no firmly scheduled time). </p><p>While the consensus is for…
Read More »Market Update – February 6 – USD & Yields higher, Yen, Stocks & Gold sink
A blockbuster NFP on Friday (571k new jobs vs 185k) & strong Services PMI (55.2 vs 50.5) has lifted the Dollar and Yields, sinking Stocks and Gold (the 3 mth…
Read More »BOJ new governor contender Nakaso takes up APEC advisory council post
Original source: https://www.investing.com/news/stock-market-news/boj-new-gov-contender-nakaso-takes-up-apec-advisory-council-post-2994601
Read More »USD/JPY bears eye 129.00 on BoJ Minutes, focus on US GDP, Tokyo inflation
USD/JPY renews its intraday low around 129.20, reversing the previous day’s recovery, as Bank of Japan (BoJ) monetary policy meeting minutes failed to
Read More »GBPJPY: BoJ prompts strong rally
In today’s Asian trading session, the Bank of Japan announced that it kept its accommodative monetary policy unchanged, with its benchmark interest rate and 10-year government bond yield holding steady…
Read More »New BOJ governor nominee likely to be presented to Diet Feb 10 – sources
Original source: https://www.investing.com/news/stock-market-news/new-boj-governor-nominee-likely-to-be-presented-to-diet-feb-10–sources-2981159
Read More »HFM’s Outlook 2023: Japan and the Yen
Japan and the Yen – 2023 Outlook The Japanese Yen was the weakest currency in 2022 because of the Bank of Japan’s commitment to maintaining a loose monetary policy, effectively…
Read More »USD/JPY bulls move in and eye a correction towards 129.50
USD/JPY is pressured due to a number of impactful macro themes, including the Bank of Japan’s recent pivot, the Federal Reserve’s decreasingly hawkish
Read More »Bitcoin makes a break for it before stalling at the November high
<p>Bitcoin began to spring to life on Thursday and has gone straight-vertical since as risk assets globally spike. The high was $21,292 where it ran into some sellers just ahead…
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