Live Updates

7

May 2026
Japan’s Mimura steps up yen watch as USD/JPY tests 160s, keeping intervention threat alive

Japan’s top FX official Mimura will monitor yen moves, stays silent on intervention; BoJ policy shift.

7

May 2026
USD/JPY Holds Below 156 as Yen Intervention Risk and BoJ Outlook Offset Weak Dollar

USD/JPY held near mid-156s as yen intervention fears, BoJ outlook, and US-Iran headlines pressured dollar.

7

May 2026
WTI dips below $93.50 as US-Iran deal hopes offset tightening inventories and Asian demand

WTI slips near $93.25 as US-Iran deal hopes ease Hormuz fears; US inventories fall again, Goldman notes.

7

May 2026
BoJ minutes show split over faster rate rises as oil-driven inflation risks keep yen in focus

BoJ minutes show split views; many back 0.75% amid oil risks, urging gradual hikes or faster.

7

May 2026
BoJ Liquidity Withdrawal Surprises as Monetary Base Shrinks, Rekindling Yen Strength and Nikkei Risks

Japan’s monetary base fell 11.3% year-on-year in April, missing forecasts for a 10.5% decline.

7

May 2026
WTI slides as Iran weighs US proposal to reopen Hormuz and ease port blockade

Iran weighs US peace proposal; Strait of Hormuz reopening and port blockade easing discussed, with nuclear talks pending.

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