ForexLive Asia-Pacific FX news wrap: USD a touch softer vs. other majors
Forex news for Asian trading on Thursday, 9 February 2023 Eamonn Sheridan Thursday, 09/02/2023 | 03:59 GMT-0 09/02/2023 | 03:59 GMT-0 EUR, AUD, GBP, CAD and NZD all traded a little stronger against the USD during the session. News flow was very light, as was data. On Wednesday New Zealand announced a boost to the […]
ForexLive Asia-Pacific FX news wrap: USD/JPY wild ride on new BOJ Governor trial balloon
Powerful Turkey earthquake – Turkish Government requests International Aid BOJ’s Kuroda: CPI sustainable at 2%, accompanied by wage growth, has not yet been achieved BOJ Kuroda says will seek to hit 2% inflation in a stable & sustainable manner Goldman Sachs raise their target for the S&P500 to 4000 in 3 months (from 3600 prior) […]
ForexLive Asia-Pacific FX news wrap: Awaiting the Federal Open Market Committee (FOMC)
Major forex rates traded in limited ranges during the session here with traders awaiting the Federal Reserve statement and Powell’s following news conference. ICYMI, previews posted already: News flow of any relevance was basically absent. We did get some data flow though. The New Zealand labour market report for Q4 2022 (official NZ jobs data […]
ForexLive Asia-Pacific FX news wrap: USD a touch weaker, not much in it
In Asia Tuesday markets remained closed in: for Lunar New Year holidays. The full list of the extended Asian timezone holidays can be found here: The absence of key markets meant thin liquidity trade in the region. News flow was limited. We did get preliminary PMIs for January from Australia and Japan. These tend to […]
ForexLive Asia-Pacific FX news wrap: USD/JPY dumps on BOJ review report
The Bank of Japan policy meeting is next week, on January 17 and 18. Yomiuri (Japan media) reported today that in this meeting the Bank will review the side effects of its monetary easing and may take additional steps to correct distortions in the yield curve. You’ll recall that at the meeting in December the […]
ForexLive Asia-Pacific FX news wrap: China reopening, property support, & Goldilocks NFP
Forex news for Asian trading on Monday, 9 January 2023 Trade ideas thread – Monday, 9 January 2023 Federal Reserve study shows consumption reacts to bad economic news, but not to good news Proportion of manufacturers who think the UK is competitive halved from a year ago Fitch revise corporate revenues expectations lower – slower […]