About: josephine

Recent Posts by josephine

USD/JPY steadies below 160 amid fading intervention impact and widening US-Japan yield gap

USD/JPY hovers below 159.50, pressured by 160.00 resistance; intervention fades as yield gaps drive volatility.

China Rejects Prospective US Section 301 Tariffs as Both Sides Keep Summit Talks Open

China rejects proposed 7.5% Section 301 tariffs, keeps U.S. dialogue open; traders brace for volatility opportunities.

Bank of Korea buys SPDR Gold Trust stake as South Korea readies domestic physical gold purchases

Bank of Korea bought SPDR Gold Trust shares while planning domestic physical gold purchases to reduce ETF risks.

Sterling Tests 1.3600 as Jackson Hole Looms and Options Point to Pullback Risk

GBP/USD steadies near 1.3600 as momentum fades; Jackson Hole, UK hearings, and fiscal risks drive volatility.

Bank of Korea lifts rates to 3.00% as upgraded growth outlook strengthens won trade case

Bank of Korea hikes to 3.00%, boosts GDP outlook; hawkish tilt supports KRW, favoring short USD/KRW.

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