As the USD continues to weaken, USD/JPY faces downward pressure, according to leading OCBC FX strategists Frances Cheung and Christopher Wong. Key Factors Driving USD/JPY Lower Recent developments, such as
The Japanese Yen (JPY) remains steady against the US Dollar (USD) as Labor Cash Earnings in Japan saw a 3.6% year-on-year growth in July. While this was a slight slowdown
The AUD/JPY pair is facing a second consecutive day of losses, currently trading around 97.50 during the European trading hours on Wednesday. The decline in AUD/JPY can be attributed to
The Japanese Yen (JPY) has continued its upward trajectory against the US Dollar (USD) in the wake of the latest Jibun Bank Services PMI data released on Wednesday. The index,
Title: Japan's Chief Cabinet Secretary Urgently Monitors Global Market Trends - Market Reacts with USD/JPY Plummet Japan's Chief Cabinet Secretary Yoshimasa Hayashi expressed a sense of urgency in closely monitoring
Standard Chartered revises Japan's economic growth forecast for 2024 to 0.0% from 0.6% on weaker first-half performance and GDP revisions. The economy is expected to gradually recover, driven by domestic
AUD/JPY Drops Amidst Growing Risk Aversion Over China's Economic Worries AUD/JPY sees a downturn after a four-day rally, hovering around 98.40 in the European session on Tuesday. The decline in
GBP/JPY Plummets Ahead of US ISM Manufacturing PMI Release: BoJ Rate Hikes Postponed? GBP/JPY breaks its winning streak, trading at 191.80 as caution looms over the US ISM Manufacturing PMI
Japanese Yen Rises on Government's Energy Subsidies Allocation The Japanese Yen (JPY) ended its four-day losing streak, edging higher against the US Dollar (USD) on Tuesday. Japan will allocate ¥989
The Japanese Yen (JPY) is making waves in the financial markets after the release of favorable economic data, particularly in the manufacturing sector. This has led to a stable performance