Tag: Macroeconomics
Japanese Yen falls on BoJ inaction, focus shifts to US PCE inflation
Here is what you need to know on Friday, April 26:
The Japanese Yen (JPY) stays under bearish pressure and trades at its weakest level in over three [...]
US Dollar slides ahead of key GDP data
Here is what you need to know on Thursday, April 25:
The US Dollar (USD) stays under modest selling pressure on Thursday as investors gear up for key [...]
Major pairs stabilize ahead of key PMI data
Here is what you need to know on Tuesday, April 23:
Major currency pair fluctuate in relatively tight channels early Tuesday as investors await key d [...]
Market mood improves to start the new week
Here is what you need to know on Monday, April 22:
US stock index futures started the week on a bullish note, reflecting an improvement in risk mood. [...]
US Dollar consolidates gains at multi-month highs as focus remains on geopolitics
Here is what you need to know on Monday, April 15:
Growing expectations for a delay in the Federal Reserve's (Fed) policy pivot and escalating geopol [...]
US Dollar extends rally, Gold climbs to a new all-time high
Here is what you need to know on Friday, April 12:
The US Dollar (USD) gathers strength against its major rivals in the European session on Friday, w [...]
US Dollar extends rally, Gold climbs to a new all-time high
Here is what you need to know on Friday, April 12:
The US Dollar (USD) gathers strength against its major rivals in the European [...]
Japan’s Top FX Diplomat Kanda prepares to take necessary steps on rapid Yen fall
Japan's top currency diplomat, Masato Kanda, who will instruct the BoJ to intervene, when he judges it necessary, warned that he prepared to take nece [...]
Excess FX volatility is undesirable
Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Tuesday. Suzuki said that he won't rule out any option and will deal app [...]
USD/INR attracts some buyers, RBI keeps repo rate unchanged
Indian Rupee trades in negative territory on stronger USD demand.
The Reserve Bank of India (RBI) MPC decided to keep the key rates unchanged at 6 [...]
Important for FX rates to move stably, reflecting fundamentals
The Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that foreign exchange is one of the important factors that affect economic price developmen [...]
Rapid FX moves undesirable, closely watching FX moves with urgency
Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Friday. Suzuki said that the rapid foreign exchange (FX) moves are undes [...]
Eyes on German inflation data and Fedspeak as trading conditions normalize
Here is what you need to know on Tuesday, April 2:
Trading conditions are starting to normalizing on Tuesday with investors retu [...]
Japan PM Kishida shares an understanding of FX moves with MoF’s Kanda
Japan's Prime Minister Fumio Kishida shared an understanding of foreign exchange moves with the top currency diplomat Masato Kanda. However, Kishida d [...]
Rapid FX moves are undesirable, speculative moves seen
Japanese Finance Minister Shunichi Suzuki offered some verbal intervention on Friday. Suzuki said it’s important for currencies to move in a stable ma [...]