The NZD and the AUD are ending the day as the strongest of the major currencies. The JPY is the weakest. The latest central bank decision came before the US open, when the Bank of Japan in The rates unchanged but did say that they would consider easy policy exit 1 achievement 2% inflation is
Asia FX kicked off the week in waiting mode, this week for the barrage of central bank decisions including those from the Fed, BOJ, BOE and SNB. Major forex rates moved in limited ranges only. On the news front there is no imminent resolution in sight to end a strike by US United Auto Workers.
The EUR is ending the day as the strongest of the major currencies. The USD is also mostly higher with gains vs all the major currencies with the exception of the EUR. The JPY and the NZD were the weakest of the majors. The strongest to the weakest of the majors. The gains in the
Headlines: Markets: AUD leads, GBP lags on the day European equities slightly higher; S&P 500 futures up 0.4% US 10-year yields up 1.4 bps to 4.262% Gold up 0.1% to $1,907.80 WTI crude up 1.3% to $89.67 Bitcoin up 0.5% to $26,362 Major currencies didn’t do a whole lot today, as traders are waiting on
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Headlines: Markets: USD leads, GBP lags on the day European equities mixed; S&P 500 futures down 0.3% US 10-year yields flat at 4.290% Gold down 0.5% to $1,911.96 WTI crude up 0.7% to $87.88 Bitcoin up 3.8% to $26,034 It was a relatively slow and quieter session in European trading today, after all the fuss
Ueda drove USD/JPY to its biggest daily loss here in 2 months: Other: Bank of Japan Governor Ueda gave an interview with Yomiuri last week. The media group published comments from the interview over the weekend. In a nutshell, Ueda said that he thinks its possible that the BOJ will have enough information by the
Headlines: Markets: NZD leads, JPY lags on the day European equities lower; S&P 500 futures down 0.2% US 10-year yields down 1 bps to 4.252% Gold up 0.2% to $1,923.44 WTI crude up 0.7% to $87.48 Bitcoin down 0.6% to $25,840 It was a quieter session as traders are not left with much to work
Markets: Gold flat at $1918 US 10-year yields flat at 4.26% WTI crude oil down 48-cents to $87.35 S&P 500 up 0.2% CAD leads, JPY lags The euro ends the day flat but it certainly wasn’t quiet as some hawkish ECB sources reports ahead of next week’s meeting, along with some lumpy flows led to
Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda spoke in the Tokyo morning. Kanda is the MoF official who will instruct the BOJ to intervene, when he judges it necessary, and is often referred to as Japan’s ‘top currency diplomat’. Kanda made some blunt comments to support the yen, the strongest warning since
