The GBB/JPY cross prolongs its recent pullback from the 209.00 neighborhood or the highest level since August 2008, touched last week, and drifts lower for the fourth straight day on Tuesday. Spot prices, however, managed to rebound a few pips from a one-and-a-half-week low following the release of the UK jobs data and traded above […]
The Japanese yen rose to around 155.5 per dollar on Monday, reversing the previous session’s losses as investors prepared for the Bank of Japan’s policy meeting this week. The central bank is widely expected to raise its policy rate by 25 basis points to 0.75%. Market attention will focus on Governor Kazuo Ueda’s post-meeting remarks […]
The Japanese yen held around 155.6 on Friday after two consecutive sessions of gains, supported by speculation that the Bank of Japan may raise interest rates next week and continue tightening into 2026. Earlier this week, Governor Kazuo Ueda noted that the central bank is getting closer to its inflation target, signaling the potential for […]
The South Korean won slipped to around 1,472 per dollar, approaching seven-month lows, as persistent capital outflows were driven by domestic investors increasing overseas equity holdings. The currency has fallen roughly 5% against the dollar this quarter, approaching a 16-year low, highlighting ongoing pressures on the FX market. Investor caution heightened as import prices rose […]
The Japanese yen strengthened toward 155.5 per dollar on Thursday, extending gains from the previous session as the dollar weakened sharply after the US Federal Reserve delivered its third rate cut of the year and signaled a less hawkish outlook than markets anticipated. Investors are also eyeing next week’s Bank of Japan policy meeting, where […]
The EUR/JPY cross trades on a firmer note around 181.60 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) after a massive 7.6-magnitude earthquake shook northeastern Japan late on Monday, which briefly raised concerns about economic disruptions. Furthermore, weaker-than-expected Japan Gross Domestic Product (GDP) data for the third quarter might […]
The Japanese yen strengthened toward 155 per dollar on Thursday, trading near its highest level in more than two weeks amid growing speculation that the Bank of Japan will raise interest rates this month. Expectations firmed after BOJ Governor Kazuo Ueda voiced confidence in Japan’s economic outlook and said the central bank would carefully weigh […]
The GBP/JPY cross trades with a positive bias for the second straight day on Wednesday and climbs back above the 206.00 mark during the early part of the European session. Spot prices look to build on the overnight bounce from the vicinity of a one-week low, touched on Monday, though a combination of diverging forces […]
The Japanese Yen (JPY) edges lower during the Asian session on Tuesday and retreats further from a two-week high, touched against its American counterpart the previous day. A generally positive tone around the Asian equity markets is seen as a key factor undermining the JPY’s safe-haven status. Apart from this, the JPY downtick lacks any […]
The EUR/JPY cross attracts some sellers near 180.45 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to the latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda. The HCOB Manufacturing Purchasing Managers Index (PMI) from the Eurozone, Germany, and France will be released later on Monday. […]