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About: josephine

Recent Posts by josephine

Amid Hormuz tensions, the US Energy Secretary expects SPR swap releases to ease short-term oil disruptions

Energy Secretary Wright said SPR oil releases would use swaps to ease short disruptions amid Hormuz tensions.

USD/JPY stays near annual highs around 158.90, steady as geopolitical tensions and Fed policy concerns loom

USD/JPY stuck near 158.90 as Middle East tensions, oil prices, and central bank meetings drive sentiment.

US building permits fell to -5.4% from 4.3%, showing a sharp turnaround from earlier growth

US building permits fell 5.4% in January, reversing December’s 4.3% rise, signaling a month-on-month decline.

January’s US building permits missed forecasts, reaching 1.376M month-on-month versus the expected 1.41M

January US building permits missed forecasts, totaling 1.376 million versus expectations of 1.41 million, signaling weaker demand.

UOB strategists expect USD/JPY testing 159.45–160.00, fuelled by rising US yields, though overbought limits further gains

USD/JPY nears 159.00 on higher US yields; overbought signals cap gains, resistance 159.45, support 158.55.

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