Yen eyes further lift as traders probe BoJ defense ahead of meeting By Investing.com
© Reuters. By Yasin Ebrahim Investing.com — The yen creeped higher against the dollar Tuesday, riding a wave of hawkish bets on the Bank of Japan moving further away from its dovish stance ahead of a monetary policy update due overnight Wednesday. fell 0.26% to 128.20 The Bank of Japan is expected to stand pat […]
Japanese Yen Slides Ahead of BoJ While Chinese Data was Digested. Where to for USD/JPY?
Japanese Yen, USD/JPY, BoJ, JGB, Nikkei 225, China Data, Crude Oil – Talking Points The Japanese Yen softened today ahead of a crucial BoJ meeting Chinese data was better than expected but it wasn’t all good news If the BoJ shift toward further tightening, will USD/JPY resume its downtrend? Recommended by Daniel McCarthy Get Your […]
Yen perched near 7-month high as BOJ looms By Reuters
© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration By Tom Westbrook SINGAPORE (Reuters) – The dollar drifted off multi-month lows on Tuesday, while the yen was perched near seven-month highs as investors held their breath for a potential policy shift at […]
Dollar finds its footing near seven-month low, all eyes on yen By Reuters
© Reuters. FILE PHOTO: Examples of Japanese yen banknotes are displayed at a media event in Tokyo, Japan, November 21, 2022. REUTERS/Kim Kyung-Hoon/File Photo By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar started the week on the back foot, hitting a seven-month low against a basket of major peers in Asian trade […]
Yen to act nobly? Forecast as of 16.01.2023
2023.01.16 2023.01.16 Yen to act nobly? Forecast as of 16.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Over the past month, the yen has appreciated by 6.3% versus the US dollar and could rise higher. The USDJPY bulls are discouraged by the Bank of Japan, whose meeting in January attracts investors’ attention. Let’s talk about this topic and make up […]
Dollar stabilizes, yen climbs ahead of BOJ meeting By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar stabilized in early European trade Monday, trading just above a seven-month low on rising expectations that the Federal Reserve will slow the pace of its interest-rate hikes, while the Japanese yen gained ahead of a Bank of Japan meeting. At 03:00 ET (08:00 GMT), the […]
Market Update – January 16 – USD at 7 mth lows as YEN takes centre stage
The BOJ meeting this week is dominating trades as the new week kicks-off. Japanese 10-yr yields trading at 0.51% above the BOJ ceiling and adding to the speculation that the ceiling could be raised to 1.0% on Wednesday. US stocks closed higher again on Friday and gained 2.3% last week. US markets are closed today […]
Vantage’s Global Branding Director, Yen Sim, Leaves
Yen Sim, the Global Branding Director of retail FX and CFDs broker Vantage, separated from the company last Friday, Finance Magnates learned exclusively. She parted ways after spending little more than a couple of years with the broker and executing some major branding overhauls. “It has been my privilege to work with some of the […]
Asia FX rises, Japanese yen hits over 7-mth high on BOJ speculation By Investing.com
© Reuters. By Ambar Warrick Investing.com — Most Asian currencies advanced against the dollar on Monday, cheered largely by the prospect of smaller interest rate hikes by the Federal Reserve, while speculation over another hawkish move by the Bank of Japan pushed the yen to an over seven-month peak. The rose 0.4% to 127.32 against […]
Japanese Yen Appreciation Intact After PPI Data Ahead of BoJ Meeting. Lower USD/JPY?
Japanese Yen, USD/JPY, US Dollar, BoJ, YCC, PPI, CPI – Talking Points USD/JPY continues to test support after making fresh lows last week Japanese companies are facing higher costs at the factory gate If the BoJ tighten on Wednesday, will USD/JPY further submerge? {{EDU_SUBMODULE|11}} The Japanese Yen has started the week on steady footing after […]