Forex
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 a minor step adopted by the Bank of Japan (BOJ) toward ending years of monetary stimulus failed to…
Investing.com– Most Asian currencies fell on Tuesday as Chinese economic data showed an unexpected decline in business activity, while the Japanese yen tumbled after the Bank of Japan maintained its ultra-dovish course. Investors also remained largely on edge before the conclusion of a on Wednesday. The and both strengthened slightly…
In the face of a depreciating rouble, Russia has imposed stringent restrictions on western companies looking to sell their Russian assets and repatriate the proceeds in foreign currencies. The rouble crossed Rbs100 to the dollar this year, prompting the Kremlin to take action to support its currency. Kremlin spokesperson Dmitry…
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…
The exchange rate experienced a downturn today, impacted by strong Australian retail data and concerns about the UK economy. This follows last week’s dip in the currency pair due to disappointing UK labor market indicators and anticipation of a rate hike by the Reserve Bank of Australia (RBA). Australia’s robust…
The trajectory of the currency pair is expected to remain largely unchanged, despite key events in Japan this week. This includes the Bank of Japan’s (BoJ) meeting and the Ministry of Finance’s (MoF) data intervention release, according to Goldman Sachs. The USD/JPY recently crossed the 150 threshold, a significant milestone…
The currency pair experienced a rebound this week, testing resistance levels amidst a backdrop of favorable US consumer sentiment and personal spending data. The pair hit a new low at 149.47 before recovering to 149.77, marking a positive start to the week. The pair is currently testing resistance levels, with…
Investing.com – The U.S. dollar edged higher in early European trade Monday, retaining last week’s strength at the start of a week that includes several central bank meetings, most importantly by the Federal Reserve, as well as a slew of important economic data releases. At 03:20 ET (08:40 GMT), the…
By Rae Wee SINGAPORE (Reuters) – The dollar held steady in cautious trade on Monday and pinned the yen near 150 as traders looked to a policy decision by the Bank of Japan later in the week, alongside other major central bank meetings and a slew of economic data releases…
Investing.com– Most Asian currencies moved little on Monday, while the dollar steadied as traders hunkered down before a string of central bank meetings this week, most notably the Federal Reserve and Bank of Japan. Persistent concerns over the Israel-Hamas war remained in play, as Israel launched a large-scale ground assault…