Key Takeaways: 💵 U.S. dollar fell to a three-week low on weak economic data 📉 Dollar index dropped to 104.13, the lowest since mid-May 🇪🇺 Euro gained 0.5% against the dollar 🇬🇧 Sterling rose following U.S. manufacturing data 💸 Indian rupee rose to 2-1/2-month high against the dollar 💹 The EUR/USD outlook is bearish as … Read more
Key Takeaways: 💱 The yen is near a 38-year low against the dollar 📉 Dollar remains strong against a basket of currencies 🇺🇸 Yen being impacted by U.S. and Japan interest rate differentials 🪙 Japanese authorities considering intervention to strengthen the yen 🌍 Global currency markets remain subdued awaiting U.S. core PCE data on inflation … Read more
Key Takeaways 💰 Japanese authorities ready to take actions on currencies 🔍 Concerns about rapid, one-sided movements in exchange rates 📉 Yen standing at nearly 38-year low against the dollar 🇯🇵 Analysts doubt impact of intervention on yen’s weakening tide 🏦 Pressure on Japanese authorities to combat sharp declines in the yen 💱 Japanese authorities … Read more
Key Takeaways 💼 Turkish Finance Minister Mehmet Simsek to speak at FATF meeting in Singapore 🌍 Decision on removing Turkey from "grey list" pending 💰 Boost to Turkey’s economic turnaround plan if removed from list 🇹🇷 Expectation of being removed from "grey list" expressed by Turkish officials 🗣️ Simsek to make speech and hold talks … Read more
Key Takeaways: 💴 The yen is at a multi-decade low against the dollar 📉 Yen has fallen 12% for the year due to interest rate differentials 🇺🇸 Dollar remains resilient against a basket of currencies 🌐 Market participants closely monitoring geopolitical events and economic data for potential impact on yen’s value 💰 Potential intervention may … Read more
Key Takeaways: 💴 Yen is near a 38-year low against the dollar, prompting alerts for potential Japanese intervention 📉 Yen has fallen 2% for the month and 12% for the year due to interest rate differentials 📈 Dollar remains strong against a basket of currencies, hitting an eight-week high 🇪🇺 Euro is facing losses due … Read more
Key Takeaways 💲 Most Asian currencies stable as traders favor the dollar 🛑 Yen crosses intervention levels, Japanese government on alert 📉 Uncertainty over U.S. interest rates and concerns over weak Chinese data weighing on sentiment 📈 Dollar index close to a two-month high ⛩️ Japanese officials warn against excessive currency moves, but intervention details … Read more
Key Takeaways 💱 Japanese yen weakened against USD, hitting 38-year high 🇯🇵 Japanese government warned of intervention in case of excessive volatility 🏦 Pressure on yen due to prospect of high U.S. interest rates and widening gap between U.S. and Japan rates 💹 Dollar hit a fresh 38-year high against the yen 📊 Market speculation … Read more
Key Takeaways: 📉 Yen reaches a 38-year low against the U.S. dollar 📉 Dollar gains about 14% versus the yen this year 📈 Euro surges against the yen to its highest level in almost 30 years 💰 Wide interest rate differentials between Japan and the U.S. favor the dollar 🔄 Investors use carry trade strategies … Read more
Key Takeaways 💴 Yen drops to 38-year low against the U.S. dollar 📉 Wide interest rate differentials between Japan and the U.S. are impacting the yen 🏛️ Market is watching for potential intervention from Japanese authorities 🔼 Dollar strengthens due to higher U.S. interest rates and carry trade strategies 💰 Japan’s Ministry of Finance and … Read more