The yen spiked on the BoJ announcement of QE tapering, which sent USD-JPY some 70 pips lower to a 112.9 low. EUR-JPY and other yen crosses saw a similar price action. The BoJ announced that purchases of 10- to 25-year JGBs would be trimmed to Y190 bln from Y200 bln, with purchases of debt with […]
The dollar and yen rallied against most other currencies, while USD-JPY itself posted moderate declines. The yen was lifted by the BoJ announcing a tapering in QE, which sent USD-JPY some 70 pips lower to a three-session low of 112.49. EUR-JPY and other yen crosses saw a similar price action. The BoJ said that purchases […]
After posting gains overnight, the dollar index steadied through the N.Y. session, topping at eight-session highs of 92.64. EUR-USD printed lows of 1.1915, though USD-JPY pulled back to 112.36 lows, on N. Korea concerns, though managed to recover to 112.66 as Wall Street again rallied, and Treasury yields rose. USD-CAD consolidated recent losses, topping at […]
OVERVIEW US Dollar recovers some ground, supported by higher US bond yields. German industrial production surges, trade data highlights rising global demand. Australian building approvals bounce back. Oil prices hold around 2.5-year highs. HIGHLIGHT
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