USD/JPY is trading down almost a tenth of a percent in the 151.300s at the start of the new week.
USD/JPY drops slightly after intervention talk from Japan’s chief of FX, Masato Kanda. Recent weakness in the Yen should be attributed to speculation not fundamentals, Kanda said. The authorities may intervene to correct the situation, propping up the Yen. It has lost ground after intervention talk from Japan’s currency chief, Masato Kanda heightens speculation the Japanese authorities are about to use market operations to prop up their currency.
950 against the US Dollar. Data from the currency futures market seems to support Kanda’s view. During the week of the BoJ’s March meeting, speculators, such as hedge funds, actually increased their bearish bets on the Yen, according to data from the Commodity Futures Trading Commision , despite widespread rumors the BoJ was going to hikerates.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/JPY enters BoJ intervention zone after rallying into 151.000sThe USD/JPY rallies to multi-year highs in the 151.000s on Wednesday on the back of broad-based US Dollar (USD) strength ahead of the Federal Reserve policy meeting and a “one and done” trade weakening the Japanese Yen (JPY).
Les mer »
USD/JPY drops to 151.00 on hot Japan’s inflationThe USD/JPY pair slips to 151.00 in Friday’s late European session.
Les mer »
USD/JPY stretches lower to near 151.20 following the BoJ’s Meeting MinutesUSD/JPY continues its decline, nearing 151.20 during the Asian session on Monday.
Les mer »
10 Most Expensive Pokémon 151 Cards (& How Much They're Worth)Pokémon 151 cards are valuable and nostalgic.
Les mer »
US Dollar Falls, Fed’s Resolve in Question; USD/JPY, USD/CAD Setups Before NFPThe U.S. dollar weakens amidst falling U.S. Treasury yields, as markets raise doubts about the Fed's commitment to wait longer before cutting rates. Focus now shifts to the upcoming U.S. jobs report.
Les mer »
US Jobs Report to Guide US Dollar’s Outlook; EUR/USD, USD/JPY, GBP/USD SetupsThe February's U.S. jobs report is poised to inject a considerable amount of volatility into financial markets and may play a pivotal role in shaping the near-term trajectory of the U.S. dollar.
Les mer »