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The yen has reversed directions today and is in negative territory. In the North American session, USD/JPY is trading at 144.59, up 0.33%. Japan releases a data dump later today, highlighted by retail...
Last Thursday was an incredibly volatile trading session for the USD/JPY. This volatility was largely caused by the Bank of Japan's (BoJ) intervention in the currency markets to defend its...
The British pound fell to an all-time low against the U.S. dollar on Monday following the government's announcement of planned tax cuts and investment stimulus to spur growth.In what proved to be an...
The US dollar is under some pressure on Tuesday morning, which can be attributed to the dollar's local profit-taking after substantial gains on previous days. European equities and US index futures...
Bank of England fails to reassure investors with emergency rate hike Bond yields soar amid talk of a historic bear market Bank of Japan defies trend but yen’s fall requires intervention The UK...
Now that Wall Street has had some time to digest the FOMC decision, the focus shifts to how quickly the economy is weakening and a wave of Fed speak. A wide range of economic releases includes more...
It was certainly a day to remember for the Japanese yen on Thursday. USD/JPY traded in a stunning 550-point range, as the yen fell sharply before reversing directions and closing the day up over 1%....
A much-needed intervention was needed to prop up the yen after the currency took a beating due to the central bank’s decision to maintain ultra-low interest rates.“We have taken decisive...
It appears Japan is saying ‘enough is enough’ with currency weakness, as the Ministry of Finance delivers the first currency intervention since 1998. Japan’s Top FX Diplomat Kanda...
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