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.
Read More »Japan August Services PMI 49.5 (prior 50.3)
<p>Jibun Bank / Markit Services PMI from Japan for August 2022</p><p>Comes in at 49.5, dropping into contraction for the first time in 5 months.</p><ul><li>Composite is 49.4</li></ul><p>more to come </p><p>The flash…
Read More »Japanese Yen Stumbles Against US Dollar as Japan Faces Higher Steel Prices
USD/JPY hit a fresh multi-decade high as the US Dollar surged despite a revival in US stock prices. Japan is facing higher steel prices that threaten to add more drag…
Read More »Japan August preliminary (flash) Manufacturing PMI 51.0 (vs. prior 52.1)
<p>S&P Global / Markit Manufacturing PMI from Japan for August 2022. This is the preliminary (flash) reading. The final will be published next week.</p><p>Manufacturing flash 51.0 (51 is the slowest…
Read More »GBP/JPY Price Analysis: Takes offers inside weekly triangle after Japan Q2 GDP
GBP/JPY renews daily bottom near 161.60 after Japan’s Q2 GDP flashed softer than expected figures during the initial hour of Monday’s Asian session. E
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