Key Takeaways: 💱 Most Asian currencies rose sharply after Fed comments on interest rate cuts 📈 Japanese yen strengthened due to U.S. interest rate cut prospects and hawkish Bank of Japan 💼 Resilience shown in Japanese economy through manufacturing and services sector growth 💹 Australian dollar surged on stronger-than-expected labor market data 💵 Dollar index … Read more
Key Takeaways: 📉 Dollar weakened after Federal Reserve meeting 💵 Yen strengthened from multi-decade lows 📉 Fed projects three U.S. rate cuts this year 📈 U.S. economy outlook raised to 2.1% growth 💬 Inflation seen moving down gradually 🌍 Major central banks plan to cut interest rates to spur growth 💰 Low Japanese rates affect … Read more
Key Takeaways 💵 Dollar slipped and yen strengthened after Fed kept interest rates steady 📈 Fed projected three U.S. rate cuts this year despite elevated inflation 📊 Updated economic projections show upgraded outlook for U.S. economy 🌐 Global FX strategist emphasizes Fed Chair Powell’s confidence in inflation outlook 📉 Dollar index eased, yen rebounded as … Read more
Key Takeaways: 💵 The dollar slipped after the Fed’s interest rate decision 📉 The yen weakened towards multi-decade lows 🏦 Fed projected three rate cuts this year despite elevated inflation 📊 Dollar index fell slightly, while yen weakened at 151.69 per dollar 💡 Nvidia unveiled a new AI chip and partnerships at its developer conference … Read more
Key Takeaways: 💵 The U.S. dollar is strengthening against the yen, reaching a multi-month low. 📉 Analysts predict further downside risks for the yen due to yield differentials and a potentially hawkish Fed. 🇯🇵 Barclays and BofA highlight intervention levels for yen to dollar at 152 to 155 yen. 📉 Yen weakens against euro and … Read more
Key Takeaways: 💵 Dollar strengthens ahead of the Federal Reserve announcement 📉 Sterling slips after U.K. inflation data 🇯🇵 Japanese yen continues to retreat 📈 Traders expect the Fed to keep interest rates elevated to battle inflation 🗣️ Comments from Jerome Powell and new economic projections to provide hints on interest rate cuts 🇬🇧 Bank … Read more
Key Takeaways 💶 The yen is at a four-month low against the dollar and a 16-year low against the euro 💰 Bank of Japan ended negative interest rate policy but will maintain accommodative conditions 📉 Yen carry trade expected to continue due to low Japanese rates 💹 Market focused on Federal Reserve decision and Chair … Read more
Key Takeaways 💵 Most Asian currencies stagnant before signals on interest rate cuts from the Federal Reserve 📉 Japanese yen continues to decline after dovish remarks from Bank of Japan 🌍 Central bank expected to keep interest rates unchanged, focus on potential rate cuts 📈 USDJPY pair surges nearly 2% to highest level since mid-November … Read more
Key Takeaways: 💸 The Japanese yen weakened against its peers due to a dovish outlook from the Bank of Japan. 📉 USDJPY pair surged to its highest level since mid-November. 🌐 EURJPY pair surged to levels last seen during the 2008 global financial crisis. 💼 US interest rates remained a significant driver of the yen. … Read more
Key Takeaways 💰 Japanese yen weakened against peers after BOJ maintained dovish outlook 📉 USDJPY surged to highest level since November, above 151 to the dollar 🌍 EURJPY rose to levels last seen during the 2008 global financial crisis 💹 Yen losses exacerbated by anticipation of a more hawkish tone from the Federal Reserve 💱 … Read more