Asia FX Weakens Amid US-China Uncertainty, Boosting Dollar Dominance

Key Takeaways: 💵 Dollar strengthens due to safe-haven demand and interest rate cut bets 😞 Asian currencies weaken amid US-China trade uncertainty and presidential race concerns 🇨🇳 Chinese yuan weakens on reports of stricter US trade sanctions and lower-than-expected economic growth 💴 Japanese yen weakens after speculation of government intervention in currency markets and soft … Read more

Analyzing Japan’s Strategies in Response to Suspected Intervention: A Closer Look at Government Predictions and Tactics

Key Takeaways: 💵 Japan is suspected of intervention to prop up the yen due to concerns over import costs and effects on private consumption. 🔄 Tokyo’s intervention tactics have changed, with timing being more strategic and aiming to keep markets guessing. 🚨 Authorities do not have specific intervention levels, but traders estimate 160 yen per … Read more