[ad_1] Share: Japanese Yen continues its recovery into the weekend on potential for divergent monetary policy. BoJ has started normalizing policy as other central banks are close to reaching the end of their tightening cycles. USD/JPY declines sharply after Nonfarm Payrolls miss brings into doubt further Fed rate hikes. The Japanese Yen
[ad_1] Share: USD/JPY remains confined in a narrow range through the Asian session on Friday. Traders opt to wait on the sidelines ahead of the crucial US monthly jobs report. The divergent Fed-BoJ policy outlook continues to act as a tailwind for the major. The USD/JPY pair struggles to build on the overnight
[ad_1] © Reuters. Investing.com– Traders remained on edge over any potential intervention in currency markets by Japanese authorities, as the yen plummeted to a one-year low after the Bank of Japan disappointed markets with only minimal changes to its yield curve control policy. The slid 1.7% on Tuesday to 151.77- its weakest level against the
[ad_1] © Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen plummeted across the board on Tuesday, dropping to a 15-year low against the euro and a new one-year trough versus the dollar, after
[ad_1] JAPANESE YEN FORECAST The Japanese yen depreciates sharply against the U.S. dollar and the euro after the Bank of Japan maintains its policy of negative rates and only modestly tweaks its yield curve control program Japan’s Ministry of Finance says it has not intervened in the FX market recently This piece examines the crucial
[ad_1] The currency pair maintained its position above the 149.00 marker during the early Asian trading hours on Tuesday, registering a daily change of 0.04%. This stability comes in light of speculation around the Bank of Japan’s (BoJ) potential alterations to its Yield Curve Control (YCC) approach, as suggested by a report, which has lent
[ad_1] There will definitely be a lot to say, now especially as the Japanese yen has fallen in the aftermath of their policy decision today. But I reckon Ueda will continue to maintain that they do acknowledge firmer inflation developments but they’re not at a point yet to abandon easy policy altogether. Essentially, it should
[ad_1] Share: The Bank of Japan’s (BoJ) published its quarterly outlook report, following its October policy meeting, with key highlights noted below. Key takeaways (via Reuters) Japan’s economy likely to continue recovering moderately. Inflation likely to slow, then re-accelerate as wages rise, inflation expectations heighten. Uncertainty over Japan’s economic, price outlook very high . Must be vigilant
[ad_1] USD/JPY PRICES, CHARTS AND ANALYSIS: Most Read: S&P 500 and Gold (XAU/USD) Take Diverging Paths Ahead of a Raft of Data Releases The Yen has put in two consecutive days of gains against the greenback for the first time since August. A sign of the pressure the Japanese currency has been under for a
[ad_1] Share: The GBP/JPY is seeing further downside on Monday, sliding from 182.00. Yen continuing to firm up heading into Tuesday’s BoJ showing. Low-impact UK data came in broadly red for Monday, one last bad print before Thursday’s BoE. The GBP/JPY is trading down into 181.00, with further declines on the cards back
