Yen

Key points: Nikkei fell 0.12% by midday, after earlier gains BOJ expected to keep interest rates steady and consider balance sheet reduction Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This …

Key Points:  Japanese yen holds around 157.2 per dollar, despite stronger-than-expected producer inflation.  Producer prices in Japan rose 2.4% year-on-year in May 2024, the highest since August last year.  The market awaits the policy decision of the Bank of Japan …

Key points: Euro drops sharply due to political uncertainties in France and a strong U.S. job report. Dollar strengthens, supported by expectations of delayed rate cuts by the Federal Reserve. The Euro experienced a decline, reaching a one-month low, as …

Key points:  Bank of Canada cuts interest rates for the first time in four years, signaling more to come.  Canadian dollar (CAD) experiences mixed performance against other currencies following rate cut.  Homeowners across Canada are breathing a sigh of relief …

Key points: Nikkei falls 0.45% to 38,749.25 after approaching 39,000 points. Investors take profits after two consecutive days of gains. Japan’s Nikkei share average fell on Tuesday as profit-taking set in after Japanese equities rebounded close to the 39,000-point mark …

Key points: The dollar index remained steady at 104.58 on Monday, reflecting a 1.56% decline in May but up 3% for the year. Emerging market currencies, particularly the Indian rupee and Mexican peso, showed strength following positive election results in …

Key points:  Finance Minister of Japan Shunichi Suzuki emphasizes need for forex stability.  Suspected intervention of JPY 9 trillion (approximately USD 57.11 billion) to support the Japanese currency.  10-year Japanese government bond yield reaches 1.1%, highest since 2011.  This article …

Key points: U.S. economy grew at a 1.3% annualised rate from January through March, down from an estimated 1.6%. Market participants eye the upcoming PCE inflation report for further direction on U.S. interest rates. On Friday, the dollar was recovering …

Key Points:  Bank of Japan (BOJ) board member Seiji Adachi signals possible policy action if the Japanese yen falls excessively.  Underlying inflation continues to trend toward 2%.  BOJ to adjust monetary support based on economic, price and financial developments.  On …

Key points:  Australian dollar appreciates past $0.665, marking a three-day winning streak.  Domestic inflation figures and cautious retail sales data influence interest rate outlook.  Market bets on the Reserve Bank of Australia maintaining high rates longer.  The Australian dollar (AUD) …