USD/JPY Biased to Downside as Japan FX Reserves Remain Plentiful
The Japanese Yen looks poised for additional strength against the US Dollar after intervention measures leave Japan’s foreign reserve deposits around $941 billion.
Read More »Japan finmin Suzuki: Closely watching forex with sense of urgency
Japanese Finance Minister Shunichi Suzuki said on Thursday that he would closely watch the foreign currency market with a sense of urgency. He made th
Read More »USD/JPY awaits Japan intervention around 30-year high above 149.00, yields stay sluggish
USD/JPY treads water around 149.20-30 as Tokyo opens for Wednesday. In doing so, the yen pair prints mild losses while snapping the 10-day uptrend as
Read More »Australian Dollar at Risk as New Week Begins, Eyes on USD/JPY and Intervention Threat
The Australian Dollar may weaken as the new trading week begins after Wall Street’s plunge on Friday. With USD/JPY at a 32-year high, will Japan soon intervene again?
Read More »USD/JPY bulls poke 24-year high above 147.00, Japan intervention, US data in focus
USD/JPY prints mild gains around 147.30 while printing the eight-day uptrend near the highest levels since 1998 as Tokyo opens on Friday. In doing so,
Read More »IMF continues to support Bank of Japan loose monetary policy – required for inflation
<p>Remarks from the IMF's man in Japan, Mission Chief Salgado:</p><ul><li>Stimulus from the BOJ is required to loner-term inflation</li><li>a shorter BOJ yield target is necessary for policy sustainability </li></ul><p>I'm not sure…
Read More »Japan reopens to tourists with shuttered souvenir shops, hotel staff shortage
Original source: https://www.investing.com/news/stock-market-news/japan-reopens-to-tourists-with-shuttered-souvenir-shops-hotel-staff-shortage-2907879
Read More »Japan Jibun Markit Services PMI for September (final): 52.2 (prior 49.5)
<p>Services 52.2</p><p>preliminary 51.9prior 49.5</p><p>Composite 51.0</p><p>preliminary 50.9prior 49.4</p><p>—</p><p>Commentary from the report:</p><ul><li>"September brought along a more positive month for Japan's service sector as activity levels returned to growth. The announcement that restrictions…
Read More »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 »Japan preliminary September PMIs. Manufacturing 51.0 (prior 51.5) Services 51.9 (49.5)
<p>Jibun flash PMIs from Japan for September. </p><p>Manufacturing 51.0 (slowest in 20 months)</p><ul><li>prior 51.5 </li></ul><p>Services 51.9 </p><ul><li>prior 49.5</li></ul><p>Composite 50.9</p><ul><li>prior 49.4</li></ul> This article was written by Eamonn Sheridan at forexlive.com.
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