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About: josephine

Recent Posts by josephine

Australia Building Approvals Fall in May, Adding Pressure on RBA Outlook and Australian Dollar

Australia’s May building approvals fell 1.1%, missing forecasts, signaling softer construction, dovish RBA tilt, market volatility.

USD/JPY hits multi-decade highs near 162.70 as yield gap bites and intervention risk lingers

USD/JPY hits 162.70 multi-decade highs as yield gaps support carry trades; Japan intervention risk persists.

PBoC sets firmer USD/CNY fixing above Reuters estimate as weak PMI keeps yuan under pressure

PBoC set a stronger USD/CNY fix, above estimates, signaling managed yuan weakness to support growth amid PMI, property softness.

Japan’s Tankan beats forecasts, bolstering BoJ tightening bets and lifting yen prospects

Japan’s Tankan hits 22 versus 16 expected, boosting optimism and lifting odds of BOJ normalization soon.

Asian currencies eye selective rebound as US dollar rally fades; rupiah seen outperforming on softer data

Asian currencies may rebound as dollar momentum fades; rupiah could outperform on soft US data, steady oil.

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