The Japanese Yen (JPY) remained weaker against its US counterpart for the fourth straight day and retested its monthly low during the Asian session on Wednesday (6/18).
The Bank of Japan (BOJ) signaled a cautious approach to winding down its decade-long monetary stimulus amid uncertain economic growth. This forced investors to push back their expectations about the likely timing of the next BOJ rate hike to Q1 2026, which in turn, was seen weakening the JPY.
Meanwhile, US President Donald Trump and Japanese Prime Minister Shigeru Ishiba failed to reach a tariff breakthrough at the G7 summit, fueling concerns about the economic impact of US tariffs.
This further contributed to the JPY's relative underperformance. The US Dollar (USD), on the other hand, struggled to capitalize on the previous day's strong gains ahead of the key FOMC decision and kept a lid on any further appreciating moves for the USD/JPY pair.(alg)
Source: FXstreet
The Japanese yen remains under pressure against the strengthening US dollar, reaching its lowest level since last February. Markets remain uncertain about when the Bank of Japan (BoJ) will raise inter...
The Japanese yen strengthened, breaking through 152 per US dollar on Wednesday (October 29th), continuing its two-day rally. Market participants are positioning themselves ahead of this week's Bank of...
The USD/JPY pair extends the rally to a two-week high near 152.65 during the early Asian session on Friday. The Japanese Yen (JPY) weakens against the US Dollar (USD) as traders weigh fresh US sanctio...
The Japanese yen weakened earlier this week following reports that the Liberal Democratic Party (LDP) and the Japan Innovation Party (JIP) had agreed to form a coalition government. This agreement ope...
USD/JPY pair edges higher to near 150.35, the highest since August 1, during the early Asian session on Tuesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) on political stability conce...
The Reserve Bank of Australia (RBA) decided to maintain the cash rate at its current level following its November policy meeting. The RBA assessed that despite improving financial conditions, inflationary pressures remain in the economy,...
Silver prices edged higher today after previously surging to their highest level in over a decade, driven by two main factors: strong industrial demand (particularly from the solar and electronics sectors) and a multi-year supply deficit....
Asian stocks opened lower on Tuesday, reversing Wall Street's rally fueled by Amazon's massive $38 billion deal with OpenAI. Stock markets in South...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...
European stocks opened slightly higher in November, with the STOXX 50 and STOXX 600 gaining 0.2%, after closing near record highs in October....
The economic activity in the United States' (US) manufacturing sector continued to contract in October, with the Institute for Supply Management's...