Navigating Yen Volatility: How Japan’s Intervention Impacts Asia FX Markets

Key Takeaways πŸ“‰ Most Asian currencies weakened on Friday amid yen volatility and government intervention speculation πŸ’Ή Dollar steadied at one-month low due to soft CPI data, sparking interest rate cut optimism πŸ‡¨πŸ‡³ Chinese yuan weakened slightly despite better-than-expected trade surplus and export surge πŸ” Questions over Japanese government intervention in currency markets remain πŸ“Š … Read more

Dollar Holds Steady as Market Anticipates Powell 2.0 and Euro Eyes French Politics

Key Takeaways: πŸ’΅ Dollar stabilizes near a three-week low after Powell’s testimony βš–οΈ Market interprets Powell’s comments as preparation for a September rate cut πŸ‡«πŸ‡· Euro faces political uncertainty with shock leftist alliance win in French elections πŸ“‰ Chinese consumer confidence weakens as CPI inflation shrinks in June 🏦 RBNZ keeps rates steady but hints … Read more