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Japanese Yen strengthens amid BoJ hike bets, intervention risks; bullish USD cap gains
The USD/JPY pair drifts lower during the Asian session on Thursday, extending the previous day's pullback from a one-and-a-half-week high, around the 158.50 region.
British Pound slips due to stable US Dollar, rising oil prices
GBP/USD remains subdued for the second successive day, trading around 1.3210 during the Asian hours on Thursday. The pair inches lower as the US Dollar (USD) holds its ground, bolstered by elevated US Treasury bond yields that have climbed near their highest levels since 2002.
PBOC sets USD/CNY reference rate at 6.7367 vs. 6.7351 previous
On Thursday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7367 compared to last Wednesday's fix of 6.7351 and 6.7254 Reuters estimate.
Canadian Dollar hangs near April 2025 lows as USD sticks to bullish tone amid hawkish Fed
The USD/CAD pair retains its bullish undertone on Thursday, trading around the 1.4265 region during the Asian session, well within striking distance of the highest level since April 2025, touched earlier this week.
Australia Consumer Inflation Expectations up to 5.3% in October from previous 4.9%
Australia Consumer Inflation Expectations up to 5.3% in October from previous 4.9%
Japan Trade Balance - BOP Basis fell from previous ¥-399.9B to ¥-687.7B in August
Japan Trade Balance - BOP Basis fell from previous ¥-399.9B to ¥-687.7B in August
Japan Current Account n.s.a. came in at ¥4062B, above expectations (¥3194.6B) in August
Japan Current Account n.s.a. came in at ¥4062B, above expectations (¥3194.6B) in August
Japan Foreign Investment in Japan Stocks rose from previous ¥-362B to ¥2191.9B in October 2
Japan Foreign Investment in Japan Stocks rose from previous ¥-362B to ¥2191.9B in October 2
Japan Foreign Bond Investment climbed from previous ¥-684.5B to ¥-347.6B in October 2
Japan Foreign Bond Investment climbed from previous ¥-684.5B to ¥-347.6B in October 2
The Yen round-trips after Japanese pay beats its forecast
Japanese pay grew faster than forecast in August and the Yen weakened anyway. USD/JPY trades near 158.00, back where it was before the release took it to its highest since September 25.
South Korea Current Account Balance rose from previous 42.08BÂ to 46.11B in August
South Korea Current Account Balance rose from previous 42.08BÂ to 46.11B in August
United Kingdom RICS Housing Price Balance came in at -32%, below expectations (-30%) in September
United Kingdom RICS Housing Price Balance came in at -32%, below expectations (-30%) in September
Australian Dollar slips as Fed hike bets meet Middle East Oil risk
The Australian Dollar makes a U-turn and loses over 0.29% on Wednesday after the Federal Reserve revealed members expect another rate hike towards the year-end. The AUD/USD trades at 0.6963.