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FOREX-Dollar soft on renewed Fed rate cut bets; yen on back foot
Reuters via Yahoo Finance· 3 hours agoThe yen last week clocked its strongest weekly gain since early December 2022 following two bouts of suspected intervention from Tokyo to pull the currency away from a 34- ...
USD/TRY analysis: Is the Turkish lira doomed?
Invezz· 2 weeks agoThe Turkish lira has been one of the worst-performing currencies in the world. The USD/TRY exchange rate has risen in the past eight straight month < ...
False alert with Yen interventions?
The Forex Market· 1 week agoThis resulted in USDJPY reaching 156.80 and EURJPY reaching 2007–2008 levels. USDJPY has already surpassed the levels where the October 2022 intervention...
BofA anticipates rise in USD/CNY, bearish on Asian currencies
Investing.com· 2 weeks agoBofA anticipates rise in USD/CNY, bearish on Asian currencies
Japan’s Suzuki prepares to take full steps on FX
The Forex Market· 2 weeks agoJapanese Finance Minister Shunichi Suzuki said on Friday that he is closely monitoring foreign exchange (FX) fluctuations. Suzuki further stated that he...
GBP/JPY: How high can the pound to Japanese yen pair go? | Invezz
Invezz· 1 week agoThe pound to Japanese yen (GBP/JPY) exchange rate continued soaring on Friday after the latest Bank...
Yen Intervention Risks Force Tokyo Traders to Scrap Holidays
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- For currency traders in Japan the long weekend starting Friday won’t be much of a...
USD/INR loses traction ahead of Indian and US PMI data
The Forex Market· 2 weeks agoThe Indian Rupee (INR) gains ground on Tuesday, backed by likely equity inflows and US Dollar (USD)...
Japan Tries to Maintain Mystery on Whether it Intervened on Yen
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Japan’s top currency official declined to say if authorities stepped into the foreign...
Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Japanese Yen
The Wall Street Journal· 1 week agoSome economists and traders expect the BOJ to raise interest rates again as early as this summer....