Japanese Yen Pressured by BoJ Policy Split and Shrinking Current Account Surplus
The Japanese Yen is under renewed selling pressure in early trading, driven by a combination of internal division within the Bank of Japan
Forex News
Forex News
Pound Slips From Multi-Week High as Hormuz Tensions Bolster Dollar
The British pound retreated from a multi-week high against the U.S. dollar on Tuesday, as escalating tensions in the Strait of Hormuz boosted
Forex News
Euro Consolidates Below June Highs as Mideast Tensions Bolster US Dollar
The euro is trading in a narrow range on Monday, consolidating below its highest level since June 17, as escalating tensions in the
Forex News
PBOC Sets USD/CNY Reference Rate at 6.7884, Slightly Weaker Than Previous Fix
The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 6.7884 on [Date], a marginal weakening from the previous fix
Forex News
Hormuz Tensions Escalate as Unconfirmed Missile Attack Reported Amid Fragile US-Iran Talks
An unconfirmed missile attack was reported in the Strait of Hormuz on [Date], raising concerns about the security of one of the world’s
Forex News
WTI slips below $76.50 despite uncertainty over reopening Strait of Hormuz
West Texas Intermediate (WTI) crude oil slipped below $76.50 per barrel on [date], despite ongoing uncertainty over the potential reopening of the Strait
Forex News
BoJ Minutes Reveal Board Split on Rate Hike Pace Amid Inflation Concerns
The Bank of Japan’s Summary of Opinions from its latest policy meeting reveals a divided board regarding the pace of future interest rate
Forex News
Japan Bank Lending Growth Slows to 5.4% in July, Missing Forecasts
Japan’s bank lending growth slowed to 5.4% year-on-year in July, falling short of market forecasts of 5.7%, according to data released by the
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Japan’s Current Account Deficit Widens in June, Missing Forecasts
Japan’s current account balance posted a deficit of ¥-92.3 billion in June, significantly missing market expectations of a ¥1,512 billion surplus, according to
Forex News
Japan Trade Balance Swings to ¥135.2B Deficit in June on BOP Basis
Japan’s trade balance on a balance of payments (BOP) basis recorded a deficit of ¥135.2 billion in June, a sharp reversal from the