Key Takeaways 💴 Yen hit a 38-year low against the US dollar and all-time low versus the euro 💵 Dollar weakened due to softer-than-expected US economic data 🇺🇲 The euro remained strong amidst high inflation in the EU 💱 Euro reached a three-week high against the dollar 📉 US economy slowing down, sparking rate cut … Read more
Key Takeaways: 🇺🇸 The dollar edged lower against a basket of currencies due to dovish comments from Federal Reserve Chair Jerome Powell 🌍 The euro remained resilient supported by stubbornly high local inflation 🗳️ Sterling was steady ahead of the UK election 🉐 Markets challenging Japanese authorities to intervene in the FX market 📝 Speculation … Read more
Key Takeaways: 💵 Japan introduced new banknotes with 3D holograms to deter counterfeiters 🏦 Banknotes feature portraits of figures representing finance, women’s education, and technology 🔍 New banknotes employ printed patterns to create holographic images 📈 Economy of Japan transitioning to a growth-driven phase for the first time in three decades 🚉 Businesses upgrading payment … Read more
Key Takeaways: 💹 Yen hits fresh lows against the dollar and euro 🌍 Euro remains resilient with high inflation reading 🔍 Japanese officials largely silent on yen intervention 📊 Markets speculate on Japanese authorities’ actions 🇺🇸 Trump’s policies may impact yen due to likely higher U.S. bond yields 📈 Dollar index eases as Fed’s Powell … Read more
Key Takeaways: 💸 Dollar weakened after Powell speech on inflation progress and potential interest rate cuts 🇪🇺 Euro strengthened ahead of French parliamentary vote and due to high eurozone services inflation 🇬🇧 GBP rose slightly as U.K. general election approaches with Labour Party expected to win, tight finances may support sterling 🗾 USD/JPY trading higher … Read more
Key Takeaways: 💰 Global facilities financier I Squared Capital planning to invest $5 billion in Asia Pacific from 2025 to 2027 🏢 I Squared plans to open a new office in Seoul this year, already active in Singapore, New Delhi, Sydney, and Taipei 🛢️ Positive outlook on Malaysian palm oil futures due to a weaker … Read more
Key Takeaways: 🔍 Japan introduces new banknotes with hologram portraits of key figures in finance, education, and science 💵 Business and consumers encouraged to shift towards cashless transactions 📈 Economy moving into a growth phase, prompting modernization of payment systems 🪙 Cashless payments in Japan still low compared to global standards, government aims for 80% … Read more
Key Takeaways 💴 Japan introduced new banknotes with 3D holograms to prevent counterfeiting 🏦 New 10,000-yen note features Eiichi Shibusawa, known as the father of Japanese capitalism 👩🏫 New 5,000-yen bill depicts educator Umeko Tsuda 🧪 1,000-yen bill showcases medical scientist Shibasaburo Kitasato 📈 Cashless payments in Japan have almost tripled in the past decade … Read more
Key Takeaways: 🗳 Boris Johnson spoke at his first Tory campaign event, criticizing Labour and emphasizing the importance of Conservatives winning the election 🤝 Rishi Sunak summoned Boris Johnson for a campaign boost, despite their complicated relationship in the past 💰 Rishi Sunak highlighted Conservative achievements, promised tax cuts, and urged people to support the … Read more
Key Takeaways 💸 Japan introduced new banknotes with holograms to prevent counterfeiting 🏦 The new 10,000-yen note features Eiichi Shibusawa, the founder of the first bank 👩🏫 The 5,000-yen bill portrays Umeko Tsuda, founder of women’s universities 👨🔬 The 1,000-yen bill showcases medical scientist Shibasaburo Kitasato 📈 Cashless payments in Japan have tripled but are … Read more