Key Takeaways 💵 Dollar weakened after the Federal Reserve hinted at possible interest rate cuts in September 📉 Yen surged to its highest level since March following a hawkish move by the Bank of Japan, raising rates to 15-year highs 🇯🇵 BOJ indicated potential further rate hikes and reduction in government bond purchases by 2026 … Read more
Key Takeaways: 💱 Bank of Japan raising interest rates to highest in 15 years has boosted the yen against the dollar 📉 Dollar dropped 1.7% against the Japanese currency after BOJ’s rate hike 💹 Carry trades using yen as a funding currency are being reassessed by investors due to shifting interest rates 📊 Volatility increasing … Read more
Key Takeaways: 💹 Yen remains strong as dollar weakens after Fed hints at September rate cut 📉 US dollar index dropped 0.38% on Wednesday and fell 1.7% in July 🇪🇺 Euro rose 1% in July to $1.082875 💼 Markets fully pricing in 25 bps rate cut in September with expectations for 72 bps of easing … Read more
Key Takeaways 💵 Most Asian currencies strengthened due to potential interest rate cut in the US 🇯🇵 Japanese yen hit a 5-month high on hawkish signals from the Bank of Japan 📉 Chinese yuan lagged behind peers due to weak economic signals 🗣 Markets almost entirely expect a 25 basis point rate cut in September … Read more
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