The jury is still out on US-Japan joint intervention on the yen
It’s been a hot minute since the joint intervention from the US and Japan on the yen currency. And as the dust ...
AUD/USD next in line for a technical breakout?
The softer inflation data at the end of July dampened hopes of a RBA rate hike this month and that dragged AUD/USD do ...
US Treasury Secretary Bessent waffling on about the yen and BoJ
US Treasury Secretary Bessent:Uptick in Japan’s inflation was result of weak yen, energy pricesAs energy prices come ...
EUR/USD surges above 1.15 helped by yen intervention; focus shifts back to fundamentals
FUNDAMENTAL
OVERVIEW USD:The US dollar sold off across the board in the final part of last week. The
ini ...
Is USD/JPY starting its rebound toward new cycle highs? Eyes on the Middle East and US CPI
FUNDAMENTAL OVERVIEW USD:The US dollar sold off across the board in the final part of last week. The
initial ...
Japan-US joint intervention a turning point for the yen?
The latest joint action from the US and Japan has definitely brought back the buzz to the major currencies space. We ...
Japan and US will “certainly” intervene again if yen resumes slide, says ex-BOJ official
Takeuchi says that the latest joint effort by the US and Japan was very effective in pushing back against the market ...
Takaichi-backed tax cut plan raises fresh fiscal questions for yen
The lack of a clear funding mechanism is likely to be the key concern for currency markets, since a large, unfunded f ...
Indian Rupee surges after massive dollar-selling intervention. What to look for next?
FUNDAMENTAL
OVERVIEW USD:The US dollar sold off across the board in the final part of last week. The
ini ...
Market outlook for the week of 3rd-7th August
Monday begins with the release of the manufacturing PMIs for the eurozone, the U.K., and the U.S. The following day, ...
USD/JPY holds lower to start the week as US enters the intervention fray
After the intervention play on Thursday last week, it seems like Tokyo officials were going to be dealt a setback on ...
Japan’s Mimura says joint yen action culmination of currency alliance
Mimura’s framing of the joint intervention as the culmination of a longstanding currency alliance reinforces th ...