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 South Korean won weakened to around 1,477 per dollar on Monday, marking its lowest level in over eight months amid persistent capital outflows, prompting authorities to signal intervention. The finance ministry and Bank of Korea convened an emergency inter-agency meeting over the weekend to discuss measures to stabilize the won and the broader FX […]
The New Zealand dollar fell to around $0.578, retreating from a more than two-month high, after the Reserve Bank signaled it is likely to keep the official cash rate unchanged for some time. Governor Anna Breman said this outlook assumes economic conditions evolve as expected. She added that the forward path published in the November […]
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 Indian rupee weakened past 90 per USD, hitting another fresh record low, pressured by corporate dollar outflows, which added to concerns over the absence of a US-India trade deal. The outflows were driven by Indian companies buying dollars for end-of-year international payments, alongside demand from foreign and local private lenders likely linked to merchant […]
The offshore yuan steadied around 7.06 per dollar, hovering near its strongest levels in more than a year, supported by broad weakness in the greenback. The US dollar remained under pressure after the Federal Reserve delivered a 25bps rate cut, with Chair Jerome Powell also signaling that a rate hike has been ruled out. Meanwhile, […]
The New Zealand dollar slipped to $0.579 but stayed close to a two-month high, amid expectations that the Reserve Bank of New Zealand’s easing cycle may be over. While the central bank cut its cash rate by 25bps last month, its updated projections suggested limited scope for further easing, implying only about a 20% probability […]
The Australian dollar weakened around $0.664 on Thursday, easing from a three-month high, as investors weighed the latest labor market figures for clues on the Reserve Bank’s policy direction. The economy unexpectedly lost 21,300 jobs in November, the most in nine months, driven entirely by full-time positions, while fewer people entered the workforce, keeping the […]
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 […]