Yen

Key points Yen rose over 0.5% to 152.835 per dollar, its highest in 2.5 months. Australian and New Zealand dollars fell on weak commodity prices. Euro and Sterling also struggled amid broader market risk aversion. On Thursday, the yen experienced …

Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.

Japan’s yen surged to a six-week high on Thursday, sparking rumours of official intervention. Learn how the dollar experienced broad losses as markets anticipate U.S. rate cuts in the near future.

Key Points:  Japan likely conducts yen-buying intervention, as suggested by Bank of Japan data.  The BOJ projected a significant drop in commercial banks’ deposits, indicating potential currency intervention.  The Ministry of Finance has not confirmed the intervention, though data suggests …

Key points The Australian dollar strengthened 0.2% to 106.98 yen, rebounding for the first time in four sessions. The New Zealand dollar also rose 0.2% to 96.11 yen after four sessions of declines. The Australian dollar climbed 0.2% to 106.98 …

The Australian dollar (AUDUSD) stood strong at NZ$1.1080, close to a 20-month high of $1.1017 reached on Wednesday. This strength followed the Reserve Bank of New Zealand’s (RBNZ) unexpected signal of potential rate cuts.

The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.

The US dollar dipped after inflation data signaled potential Fed rate cuts. Key economic reports next week, including nonfarm payrolls, will guide market expectations.

Key points: Euro gains after France’s election, reflecting reduced fears of far-right fiscal policies. Yen declines as Japan’s revised economic data show a larger contraction. On Monday, the euro rose following the first round of France’s snap election, which put …

Key points: US stocks finish slightly higher Yen inches up vs US dollar US presidential debate set for late Thursday Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports …