europefx

Key Takeaways: 💸 Japanese authorities spent $36.8 billion to intervene in the foreign exchange market in July 📈 Yen surged from 161.76 per dollar to 157.30 over two days in July 🇺🇸 Factors contributing to yen surging included comments from Donald Trump and Japanese politicians 🏦 Despite BOJ policy normalization expectations, yen expected to weaken … Read more

Key Takeaways 💱 Dollar fell after the Federal Reserve hinted at a likely rate cut in September. 💰 Traders expect a September rate cut and possibly two more by year-end. 📊 U.S. economic data and the government jobs report for July will influence Fed policy. 🇯🇵 Japanese yen reached a 4-month high against the dollar … Read more

Key Takeaways: 💵 Dollar slightly pares losses after Fed meeting statement 📉 Fed meeting statement impact on Dollar 📈 Market reaction to Fed meeting statement 💰 Federal Reserve keeping benchmark interest rate steady for a year 📉 Clue that interest rate cut is likely in coming months 📈 Inflation somewhat elevated, implying lesser risk compared … Read more

Key Takeaways 🇯🇵 Japanese yen jumped to a four-month high against the dollar after the Bank of Japan raised rates and hinted at more increases 📉 Dollar was weaker ahead of the Federal Reserve’s meeting statement 💸 Fed expected to keep interest rates unchanged with speculation on cuts in September 📊 Dollar on track for … Read more

Key Takeaways: 🇨🇳 Chinese monetary policy, including recent rate cuts and yuan depreciation, is diverging from Japanese policy, impacting other Asian currencies. 📈 The yen has strengthened due to BOJ tightening policy, while the PBOC eases, shifting market dynamics. 💵 Dollar/yuan is now more influential than dollar/yen on Asian currencies. 🧾 U.S. tariffs are benefiting … Read more

Key Takeaways: 🔺 The yen strengthened 1.8% after BOJ’s decision to raise rates and taper bond-buying program 💹 Markets anticipate further rate hikes from BOJ this year 📊 Euro zone inflation edged up in July, complicating ECB’s job 📉 Australian dollar slid to a three-month low after core inflation data 🇺🇸 Traders await the Fed’s … Read more

Key Takeaways: 💵 Dollar Index traded 0.3% lower ahead of Fed rate decision 🇺🇸 Fed expected to keep rates unchanged, but traders anticipate future rate cut 💷 GBP/USD trading lower ahead of Bank of England meeting, expectations for rate cut 🌍 Eurozone economy grew 0.3% in Q2, EUR/USD rose 🇯🇵 USD/JPY fell 1.4% after Bank … Read more

Key Takeaways 💹 Yen strengthened over 1% after BOJ rate hike 🇬🇧 British pound eyeing a monthly gain of 1.5% 💲 Despite the yen’s weakness, the Bank of Japan decided to raise interest rates to 0.25%. 📈 Yen’s depreciation was an important risk considered in the policy decision to raise interest rates. 🌎 Interest rates … Read more

Key Takeaways 💰 Yen showed volatility after BOJ raised interest rates and detailed tapering plan 📉 Aussie weakened as core inflation data reduced expectations for RBA rate hike 🌏 Geopolitical tensions and economic data from various countries impacting currency movements 📈 Markets awaiting US Federal Reserve decision on interest rates, with expectations of easing cycle … Read more

Key Takeaways 💹 Most Asian currencies rose ahead of more cues on interest rate cuts from the Federal Reserve 📉 Australian dollar slid to a three-month low after mild easing in core consumer price index inflation 📊 Japanese yen was volatile after mixed signals from the Bank of Japan 🔄 BOJ hiked benchmark short-term rate … Read more