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US Dollar takes a day off at elevated levels after a steep surge throughout this week
1729253230 from FXStreet
The US Dollar (USD) turns flat to a touch softer on Friday with some profit-taking after steep rallies against many major G20 currencies this week. The slight retracement comes on the back of Chinese economic data and more details on the stimulus
Japanese Yen surrenders intraday gains, hangs near its lowest level since August against USD
1729238738 from FXStreet
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Friday and for now, seems to have snapped a two-day losing streak to its lowest level since early August touched the previous day.
USD/JPY Price Forecast: Pullback could be seen as buying opportunity amid BoJ uncertainty
1729236892 from fxstreet
The USD/JPY pair meets with some supply on Friday and for now, seems to have snapped a two-day losing streak to its highest level since early August, around the 150.30 area touched the previous day.
Japanese Yen might struggle to gain any meaningful traction amid BoJ uncertainty
1728955740 from FXStreet
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and reverses a part of the previous day's losses to the 150.00 psychological mark, or the lowest level since early August.
US Dollar very quietly ticks up in uneventful markets this Monday
1728910123 from FXStreet
The US Dollar (USD) is already fired up at the start of the week and ticks higher, despite several parts of the US markets closed for Columbus Day. Despite the bank holiday, three Federal Reserve (Fed) members are due to speak. Meanwhile, the additional
Tokyo Metro’s IPO Set to Raise $2.3 Billion in Japan’s Biggest Listing in Six Years
1728908150 from BLOOMBERG
Tokyo Metro Co.’s initial public offering has raised ¥348.6 billion ($2.3 billion) after the company priced shares at the top of the marketed range, people familiar with the matter said, in a show of hot demand for Japan’s biggest listing in six years.
USD: Range-bound near term – ING
1728905648 from FXStreet
Casting around the globe to identify key FX drivers, we note the following: Saturday's China fiscal stimulus measures lack detail, oil is steady as markets await Israel's retaliation against Iran, and equity markets remain generally supported following strong US bank earnings released on Friday and expectations of positive announcements in the chip sector this week, ING’s Chris Turner notes.
USD consolidates into PPI data – Scotiabank
1728647382 from FXStreet
The USD is consolidating this week’s gains after yesterday’s data reports interrupted its ascent, with the surprise rise in weekly claims offsetting and overshadowing slightly higher than expected CPI data, Scotiabank’s FX Chief FX Strategist Shaun Osborne notes.
Yen in 150s Would Bring Forward Next BOJ Hike, Former Director Says
1728558400 from BLOOMBERG
Former Bank of Japan Executive Director Kazuo Momma, speaking an event hosted by Bloomberg in Tokyo, says a further slide in the yen may prompt an earlier move by the central bank to raise interest rates. (Source: Bloomberg)
Bank of Japan to Raise Rate If Outlook Realized, Deputy Governor Says
1728549992 from BLOOMBERG
Bank of Japan Deputy Governor Ryozo Himino, speaking at an event hosted by Bloomberg in Tokyo, says the central bank will continue to raise its benchmark rate if the economy performs in line with its projections. (Source: Bloomberg)
USD/JPY Price Forecast: Seems poised to reclaim 150.00 mark; bulls await US CPI report
1728548276 from fxstreet
The USD/JPY pair retreats from the 149.50-149.55 area, or its highest level since August touched earlier this Thursday and trades with a mild negative bias during the first half of the European session.
Japanese Yen consolidates against USD, looks to FOMC minutes for fresh impetus
1728440716 from FXStreet
The Japanese Yen (JPY) attracted some intraday sellers on Tuesday and assisted the USD/JPY pair to stall its modest pullback from the highest level since August, which was touched the previous day.