Japanese Yen declines against USD due to concerns about the BoJ and tensions between China and Japan.
The Japanese yen (JPY) has hit a three-week low against a robust US dollar (USD) as we approach Friday’s European trading session, and it seems more declines could be on the horizon. There’s growing concern that if inflation continues to outstrip wage growth into early 2026, it might dampen consumption momentum. This overshadowed an unexpected […]
Japanese Yen falls against USD as wage data raises concerns about BoJ policy
The Japanese yen is seeing some bullish activity after a slight drop during Asian trading on Thursday. However, there’s a noticeable lack of strong conviction from buyers, largely due to mixed signals in the market. The yen seems to be gaining from an increasing belief that the Bank of Japan will maintain its policy course, […]
GBP/USD declines under the mid-1.3400s as the USD strengthens amid geopolitical concerns.
GBP/USD Weekly Update The GBP/USD currency pair began the week with a minor bearish gap, hovering just under the mid-1.3400s during Asian trading hours, experiencing a slight decline of 0.10% for the day. Nevertheless, there hasn’t been much follow-through selling, and prices have managed to hold above last week’s lows, despite somewhat mixed economic indicators. […]
Today’s Forex: FOMC officials considering additional rate cuts, USD stronger
Here’s what you need to know on Wednesday, December 31st. The main event today was the release of the December Federal Open Market Committee (FOMC) minutes, which came out in the afternoon. These minutes revealed that many participants are open to further rate cuts if inflation shows signs of declining in the future. Additionally, the […]
US Dollar’s Position as Global Reserve Currency: USD Share Falls to Lowest Since 1994
Central banks diversify their reserves with smaller “non-traditional reserve currencies.” The proportion of US dollar assets held by central banks dropped to 56.9% of total reserves in the third quarter, marking the lowest level since 1994. This decline, from 57.1% in the previous quarter and 58.5% in the first quarter, is revealed in the latest […]
EUR/USD drops to around 1.1730 as the USD strengthens; attention shifts to NFP and ECB
The EUR/USD currency pair began the week somewhat sluggishly, yet it’s still hovering near its highest point since early October, which it reached last Thursday. Currently, the price is around 1.1730, showing a slight decrease of less than 0.10% for the day. In the Asian session on Monday, the US dollar gained a bit, continuing […]
Japanese Yen continues to rise against a weakening USD due to a firm Bank of Japan stance and a soft Federal Reserve outlook
The Japanese yen (JPY) has lost most of its gains during the Asian trading session against the recovering US dollar (USD), though significant downward movement seems unlikely. Worsening concerns about Japan’s fiscal health, particularly due to increased spending from Prime Minister Sanae Takaichi’s administration, are noted. This, together with a generally positive stock market landscape, […]
Is it the right moment for NRIs to send money to India as the Rupee drops below 90 per USD?
Indian Rupee Weakens Against the US Dollar On December 3, 2025, the Indian rupee hit a significant milestone, surpassing the $90 mark against the US dollar. Fast forward to December 9, and the rupee slipped further by 10 paise, settling at 90.15 against the dollar. Just six months ago, it was valued at under Rs […]
Japanese Yen rises to its highest level in over a week against USD due to differing expectations from BoJ and Fed.
The Japanese yen (JPY) surged to a 1.5-week high against a notably weaker US dollar (USD) during Monday’s trading in Asia. Comments from Bank of Japan (BoJ) Governor Kazuo Ueda indicated that interest rate hikes are on the horizon. This pushed Japanese government bond (JGB) yields to their highest levels in years. Consequently, the interest […]
EUR/USD rises above 1.1600, aiming for 200-day average due to USD decline
EUR/USD Continues Uptrend The EUR/USD pair has gained momentum for the fourth consecutive day, crossing the 1.1600 mark during the Asian trading session on Thursday, and achieving a high not seen in a week and a half. This rise appears to be driven by a selling trend in the US dollar, pushing the pair closer […]