Large manufacturers sentiment in Japan has declined for 3 consecutive quarters
<p>The Bank of Japan Tankan survey of manufacturers and non-manufacturers.</p><p>Large manufacturing sentiment has fallen for 3 straight quarters, at it lowest since March of 2021</p><p>Non-manufacturing though hs improved for 2…
Read More »Asia-Pacific Markets Face Risk-Off Move as US Dollar Batters Sentiment
An already exceptionally strong US Dollar surged on Friday, threatening Asia-Pacific market sentiment. The Bank of Japan Governor Kuroda is due to speak today.
Read More »Market Update – September 23
USDIndex – holds above 111. Yields: 10-year surged 18 bps to hit 3.71% but finished at 3.69%. 2-year was 9 bps higher at 4.15% before easing off. It was an…
Read More »The Dollar is King. What will keep it king this week?
<p>The dollar is king with the EURUSD trading to the lowest level since 2002. The GBPUSD traded to the lowet level since 1985. The AUDUSD, NZDUSD and the NZDUSD traded…
Read More »USD/JPY aims to re-test 141.00 as odds of BOJ’s further intervention escalate, US PMI eyed
The USD/JPY pair is displaying back-and-forth moves in a narrow range of 142.27-142.58 in the Tokyo session. The asset displayed a pullback move after
Read More »GBP/JPY skids below 165.00 as BOJ warns intervention, UK Retail Sales eyed
The GBP/JPY pair has slipped below the critical support of 165.00 in the Asian session. The asset is declining strongly after surrendering the cushion
Read More »Market Update – August 23 – Stocks Tank, Yields Up & USD at 20-yr high
USDIndex pushed to 20-yr highs over 109.00 (August low 104.5) and pressured EUR (under parity with Energy concerns weighing) & GBP (under 1.1750 with political and energy concerns weighing too). …
Read More »AUD/JPY aims to recapture seven-year high near 97.00 on dovish BOJ bets
The AUD/JPY pair has continued its five-day winning streak and is marching to recapture its seven-year high at 96.90. The risk barometer has been stre
Read More »USD/JPY Pullback Emerges Ahead of BoJ Interest Rate Decision
The Bank of Japan (BoJ) interest rate decision may prop up USD/JPY as the central bank remains reluctant to move away from its easing cycle.
Read More »Japanese Yen Forecast: Will a Dovish BoJ Keep USD/JPY Rising? CPI in Focus Too
The Japanese Yen is vulnerable to external forces with the Bank of Japan still expected to be one of the few remaining dovish central banks. Is it all clear for…
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