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. […]
ForexLive Asia-Pacific FX news wrap: Kanda ignites USD/JPY jump – ForexLive
Japan’s Treasury Vice-Minister Kanda said he had nothing to say about U.S. Treasury Secretary Janet Yellen’s weekend comments on foreign exchange. If you missed Yellen’s comments, please refer to the Kanda link above. However, in a nutshell, she only expressed her mild support for Japanese intervention. As a result, Japan appears to be acting alone […]
ForexLive Asia-Pacific FX news wrap: USD/JPY jumps 100 pts – ForexLive
Monday’s Federal Open Market Committee (FOMC) speakers include New York Fed’s Williams ECB President Rehn says confidence in falling inflation is improving China’s services PMI expansion slowed slightly in April but remains strong – Summary OECD says Reserve Bank of New Zealand has limited room to cut interest rates this year Australia’s Treasurer Chalmers says […]
Australia stocks hit record high, most other Asia-Pacific markets set to decline – CNBC
2 hours ago CNBC Pro: Is it time for investors to hedge against market declines? Pros share their thoughts and strategies 2 hours ago CNBC Pro: Goldman expects these 3 stocks to rise as Nvidia unveils powerful AI chips Following the launch of powerful new artificial intelligence chips from Nvidia, Goldman Sachs predicts significant growth […]
ForexLive Asia-Pacific FX news wrap: Verbal JPY intervention, & China state banks buy CNY – ForexLive
High risk warning: Foreign exchange trading involves a high level of risk and is not suitable for all investors. Leverage introduces additional risks and losses. Please consider your investment objectives, experience level, and risk tolerance carefully before deciding to trade foreign exchange. You may lose some or all of your initial investment. Don’t invest money […]
ForexLive Asia-Pacific FX news wrap: Japan fin min Suzuki says “no longer in deflation” – ForexLive
Japan’s Finance Minister Suzuki said today that Japan is “no longer in deflation.” This is a major shift from previous comments from officials. In fact, it was just Tuesday that Suzuki was reported to have said that deflation cannot be declared defeated. Mr. Suzuki’s comments today clearly support the Bank of Japan’s policy tightening. To […]
Asia-Pacific markets mostly lower as New Zealand central bank holds rate; Hong Kong budget awaited – CNBC
Friday, February 16, 2024, at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group, Inc. (JPX), Tokyo, Japan. Kosuke Okahara/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific stock markets were mostly lower on Wednesday as New Zealand’s central bank kept interest rates unchanged while investors awaited key US inflation indicators and […]
Asia-Pacific markets edge lower; New Zealand central bank holds official rate – CNBC
29 minutes ago Reserve Bank of New Zealand keeps interest rates at 15-year high Wednesday, February 22, 2023 at the Reserve Bank of New Zealand (RBNZ) Building in Wellington, New Zealand. Mark Coote/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The Reserve Bank of New Zealand left its key lending rate unchanged on […]
ForexLive Asia-Pacific FX news wrap: USD/JPY yen back under 148, renewed BOJ hike chatter – ForexLive
Goldman Sachs says President Trump's victory in 2024 will likely cause bond yields and the US dollar to rise Warning from Wells Fargo: Stocks at all-time highs based on false expectations Chinese authorities 'ask' funds to restrict short selling of stock index futures Societe Generale expects USD/JPY to fall below 140 yen in Q2 2024 […]