The Japanese Yen (JPY) sticks to modest intraday recovery gains against its American counterpart through the Asian session on Friday, though any meaningful appreciation seems elusive. Comments from Japan’s Finance Minister Satsuki Katayama fueled speculations that authorities would step in to stem further JPY weakness. Apart from this, a generally weaker tone around the equity […]
The Japanese Yen (JPY) sticks to modest intraday recovery gains against a softer US Dollar (USD), though it lacks follow-through and remains close to a nine-month low touched the previous day. Concerns about the US economy keep the USD bulls on the defensive and weigh on investors’ sentiment, which, in turn, is seen as a […]
The USD/JPY is currently trading around 155.40. Today’s movements remain clearly influenced by fundamental factors, with the balance of power between Japan and the United States still favoring the dollar. Despite the deterioration in global sentiment, markets are not turning to the yen, highlighting its structural weakness caused by the BOJ’s policy and the wide interest […]
The EUR/JPY cross declines to near 179.70 during the early European session on Tuesday. The cross retreats after reaching new record highs in the previous session. However, the potential downside for the cross might be limited amid the ongoing weakening of the Japanese Yen (JPY). Japan’s Prime Minister Sanae Takaichi urged the Bank of Japan […]
The Japanese Yen (JPY) stages an intraday recovery from the lowest level since early February, touched against its American counterpart during the Asian session on Tuesday, though it lacks follow-through buying or bullish conviction. The recent fall in the JPY prompted some verbal intervention from Japan’s Finance Minister Satsuki Katayama. This, along with the prevalent […]
Japan’s economy contracted in Q3 for the first time in six quarters, falling 0.4% q/q (−1.8% annualized). The decline is a result of U.S. tariffs, which hit exports, while new housing regulations weakened demand for homes. Although the slowdown was milder than expected, it increased pressure on policymakers to implement a new fiscal package — […]
The AUD/JPY cross loses ground near 100.85 during the early European session on Monday. The potential downside for the cross might be limited as the stronger-than-expected Australian employment data reinforced expectations for a cautious stance from the Reserve Bank of Australia (RBA). Additionally, Japan’s Cabinet Office showed on Monday that the Japanese economy contracted by an annualized […]
EUR/JPY extends its losses for the second consecutive day after pulling back from a record high of 179.97 reached in the previous session, trading around 179.40 during the Asian hours on Monday. The currency cross remains subdued as the Japanese Yen (JPY) holds ground after the release of better-than-expected Japan’s Gross Domestic Product (GDP) data […]
The Japanese yen slipped to around 154.6 per dollar on Monday, staying close to its lowest level since February despite stronger-than-expected growth data. Japan’s economy contracted 0.4% quarter on quarter in the three months to September, reversing a 0.6% expansion in Q2 but beating market forecasts for a 0.6% decline. The currency remains under pressure […]
The AUD/JPY pair revisits the yearly high around 101.60 during the late Asian trading session on Thursday. The pair strengthens as the Australian Dollar (AUD) outperforms its peers, following the release of the Australian labour market data for October, published earlier in the day. Australian Dollar Price Today The table below shows the percentage change […]