The Japanese Yen (JPY) oscillated within a range against the US currency during the Asian session on Wednesday (August 6th), moving little following the release of less-than-impressive macro data. Japan's inflation-adjusted real wages fell for the sixth consecutive month in June, fueling concerns about a consumption-driven recovery.
This occurred amid domestic political uncertainty and dampened speculation of an imminent interest rate hike by the Bank of Japan (BoJ). Furthermore, signs of stability in the equity market have hampered the JPY's safe-haven stance.
Meanwhile, the BoJ revised its inflation forecast at the end of its July meeting and left open the possibility of further interest rate hikes later this year. This may discourage JPY investors from placing aggressive bets.
On the other hand, the US Dollar (USD) may struggle to attract potential buyers amid expectations of a Federal Reserve (Fed) rate cut, reinforced by the disappointing release of the US ISM Services PMI on Tuesday. This, in turn, will limit the USD/JPY pair's overnight gains from its two-week low. (alg)
Source: FXstreet
The Japanese yen held its recent advance to around 156 per dollar on Wednesday, hovering at one-week highs and benefiting mainly from dollar weakness as traders ramped up bets on a US Federal Reserve ...
The Japanese yen held steady near 157 per dollar on Friday (November 21st), after previously weakening steadily. The currency began to "put on the brakes" after Finance Minister Satsuki Katayama signa...
The Japanese yen briefly touched its lowest level since early February before recovering slightly in Tuesday morning's Asian trading session. This slight recovery occurred without strong buying moment...
The USD/JPY pair declines on Tuesday to around 153.50 at the time of writing, down 0.40% on the day, as the Japanese Yen (JPY) attracts fresh safe-haven flows amid renewed global risk aversion. Fears ...
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...
World oil prices are approaching their longest monthly decline since 2023. Brent is stable above $63 per barrel and WTI is around $59, with both expected to post a fourth consecutive month of declines in November. Pressure stems from expectations...
Silver prices are currently trending in the gold direction, supported by expectations that the Federal Reserve will cut interest rates in the coming months. The prospect of lower interest rates typically benefits precious metals by suppressing bond...
Hang Seng Menguji 26.000, Lanjut Nanjak atau Balik Turun? The Hong Kong stock market opened cautiously on Friday, November 28, 2025, with the Hang Seng Index trading slightly between 25,990 and 26,000, having closed at 25,945.93 on...
The US government posted a higher deficit of $284 billion for October in a report delayed by the recent federal government shutdown, reflecting...
Back-to-back calls between U.S. President Donald Trump and the leaders of Japan and China have so far done little to defuse the diplomatic spat...
The European stock markets closed higher in Wednesday trading as the Stoxx Europe gained 1.06%, Germany's DAX rose 0.98%, the FTSE 100 advanced...
The Dow Jones Industrial Average closed higher on Tuesday (November 25th) after posting another rally, as traders weighed expectations for a Federal...