The US dollar is predominantly exhibiting a narrow mix against the G10 currencies. The Japanese yen stands out as the significant exception. The major currencies are influenced by a gain of approximately 0.35%, while the dollar has declined to a four-day low close to JPY156, following a peak last week just below JPY158. The dollar-bloc Read More
The U.S. dollar held steady on Tuesday as investors assessed the likelihood of a Federal Reserve rate cut next month in light of dovish remarks from policymakers, while the Japanese yen continued to be monitored for potential intervention. On Monday, Fed Governor Christopher Waller indicated that the job market was sufficiently weak to justify another Read More
The reevaluation of the perspective for the upcoming FOMC meeting, prompted by remarks from the NY Fed president prior to the weekend, has persisted today; however, the effect on the dollar remains ambiguous. The greenback shows a mixed performance, as European currencies generally outperform the dollar bloc and the Japanese yen. Overall, a broadly consolidative Read More
On Monday, the yen underperformed against a generally weaker dollar, as market participants monitored for indications of official intervention from Tokyo to halt the depreciation of the Japanese currency. The dollar was last up 0.27% against the Japanese currency at 156.8 yen, approaching its 10-month high reached last week. Japan’s currency has been declining due Read More
The significant decline in global equities following the unexpected turnaround in the US yesterday stands out as the key event today. The major markets within the Asia Pacific region experienced a decline exceeding 2% today. Europe’s Stoxx 600 has declined by over 1%. The asset is experiencing a decline for the sixth time in the Read More
The yen remained close to a 10-month low on Friday, yet received some support as Japanese officials intensified their verbal interventions to curb the currency’s drop, while the dollar was poised for its strongest week in over a month. The yen experienced a brief uptick in early Asian trading following comments from Japanese Finance Minister Read More
The US dollar remains relatively stable against the majority of G10 currencies as the North American session approaches. Following yesterday’s advance, there were some additional gains in the greenback, although they were limited. The dollar’s rally against the yen persisted. The price approached JPY157.80 before retreating to approximately JPY157.10, where it encountered support in Europe. Read More
The dollar appreciated against the yen on Wednesday, causing the Japanese currency to decline to a 10-month low. Finance Minister Satsuki Katayama stated that Japan’s new government was vigilantly observing the markets “with a high sense of urgency.” On Wednesday, Japanese government ministers, including Katayama, convened with Bank of Japan Governor Kazuo Ueda. The yen Read More
The US dollar exhibits strength today. The currency has achieved a new ten-month peak against the yen, slightly exceeding JPY156, while the euro has encountered a five-day low close to $1.1565. Emerging market currencies are showing a varied performance. The PBOC established the dollar’s reference rate at a peak for the month. The flow of Read More
In September, foreign holdings of U.S. Treasuries experienced a decline, as per reports, marking the first decrease in six months. The Treasury has at last published the capital flows data following the federal government’s 43-day shutdown. The Treasury announced that data for October will be released on December 18. In September, holdings of U.S. Treasuries Read More
