High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Japan finance minister Suzuki says will ensure to take utmost measures for FX stability
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOJ governor Ueda says FX moves have big impact on economy, prices
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Dollar steady ahead of European trading, eyes on the yen
It's a key moment for the yen as it threatens to break down further in trading this week. The post-BOJ fallout hasn't been kind to the Japanese currency, with USD/JPY threatening its highest levels in more than three decades. The pair has eased back slightly to 151.67...
ForexLive Asia-Pacific FX news wrap: USD/JPY hits its highest since 1990
It was a day of strength again for the US dollar, with yen a notable loser. As I post USD/JPY has hit a high just short of 152.00 and to its highest since 1990. We had comments from Bank of Japan policy board member Tamura, who signalled he is in favour of continued,...
Federal Reserve Board Governor Christopher Waller speaks on Wednesday
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Japan finance minister Suzuki won’t rule out any steps in response to disorderly FX moves
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USD/JPY is jusy shy of 152.00 and at its highest since 1990
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Likely next Governor of the Swiss National Bank Schlegel speaks Wednesday
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bank of Japan Governor Ueda – household sentiment improving on expectations of wage hikes
Well, thats it from Ueda. He had the opportunity to say something, anything, to push back against the sliding yen but he hasn't. He isn't normally the 'go to' official for intervention-type comments but with USD/JPY within just a few spreads of the psychological...
Yen dropping. USD/JPY above 151.75.
Yen is dropping.Earlier we had a Bank of Japan policy Board member telling us what we all know, that policy is going to remain loose for some time:In other news Japan is offering 0.7 tln yen in 40 year JGBs. Apaprt from that its quiet from Japan today. So far during...
China Industrial Profits (January & February) +10.2% y/y (vs. prior -2.3%)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
PBOC sets USD/ CNY mid-point today at 7.0946 (vs. estimate at 7.2250)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
China Industrial Profits data due at the bottom of the hour
China's industrial firms' profitability for January and February (combined) due for release at 0130 GMT, 2130 US Eastern time.Industrial profits fell 2.3% in 2023second straightht yearly declineLate last year 'green shoots' on profitability began to emerge. Profits...
BOJ’s Tamura says likely to maintain accomodative monetary policy for time being
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
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AUD a few points lower after monthly (February) CPI data
The data on Australian inflation in February is here:A slight beat on the headline, but if you check out that post you'll note that both measures of underlying inflation are higher than the headline. And, its called 'underlying' inflation for a reason and points to...
Australian monthly CPI (February) 3.4% y/y (vs. 3.5% expected)
A better result, matching January and lower than the estimate.3.4% y/y in Februaryexpected 3.5%, prior 3.4%for the m/m the result is +0.5% vs. +0.4% in January -The 'core' Trimmed Mean reading is 3.9% y/y, up from 3.8% in January.The CPI excluding volatile items** and...
PBOC is expected to set the USD/CNY reference rate at 7.2250 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
New Zealand Treasury cuts its forecast for inflation, sees 3.3% from 4.1% prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...