ForexLive Asia-Pacific FX news wrap: Yen volatility again – ForexLive

High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
Asia-Pacific markets set to climb, with Australia poised to breach all-time closing high – CNBC

The sails of the Opera House are illuminated with projected images during the opening night of Vivid Sydney 2023, Friday, May 26, 2023, in Sydney, Australia. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets were mostly lower on Friday, paring gains from Thursday despite continued gains in Wall Street tech stocks. In Asia, […]
ForexLive Asia-Pacific FX news wrap: Awaiting the US jobs (NFP) report – ForexLive

High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
ForexLive Asia-Pacific FX news wrap: AUD higher on the session, solid jobs report – ForexLive

High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
ForexLive Asia-Pacific FX news wrap: Awaiting Powell speech – ForexLive

High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
ForexLive Asia-Pacific FX news wrap: China leaves prime rates on hold, marks down CNY – ForexLive

New Zealand’s first quarter GDP data released today showed the country emerged from recession with growth of 0.2% quarter-on-quarter and 0.3% year-on-year, both better than expected. Growth details were weak. NZD/USD rose above 0.6145 on data release before giving back modest gains. A survey of Japanese businesses found that only 7% believe that Kishida’s promise […]
Asia-Pacific markets rise as Fed holds rates and shifts dot plot – CNBC

The sails of the Opera House are illuminated with projected images during the opening night of Vivid Sydney 2023, Friday, May 26, 2023, in Sydney, Australia. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets rose on Thursday after the US Federal Reserve kept the federal funds rate unchanged at 5.25%-5.5% and changed its […]
ForexLive Asia-Pacific FX news wrap: USD carried on weaker – ForexLive

AUD TRADERS NOTES – Reserve Bank of Australia Deputy Governor Hauser is due to speak on the economic outlook tomorrow. US Commerce Secretary Gina Raimondo Announces $25 Billion Indo-Pacific Infrastructure Plan Keep an eye on Treasury Secretary Yellen’s speech on Thursday Bank of Japan Governor Nakamura: If consumption weakens, inflation may not reach 2% after […]
ForexLive Asia-Pacific FX news wrap: USD/JPY sitting just above 157.00 – ForexLive

Asia was in a subdued trade, with little recovery due to the strength of the US dollar and the decline in “risk” seen on Thursday. The US has a public holiday on Monday, and bond markets will close early on Friday. Traders in Asia seemed determined to close even earlier. The focus of the session […]
ForexLive Asia-Pacific FX news wrap: USD/JPY back above 155.00 – ForexLive

Numerous comments from both Japan’s Finance Minister Suzuki and Bank of Japan Governor Ueda appeared on the News Telegraph this morning in Tokyo, but neither could significantly support the yen. The counterfactual is that without them the Japanese Yen would have fallen faster, but here in the real world, the currency has fallen again regardless. […]