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Japan Construction Orders (YoY) rose from previous -6.7%Â to 2.3% in June
Japan Construction Orders (YoY) rose from previous -6.7%Â to 2.3% in June
Japan Housing Starts (YoY) above expectations (12.8%) in June: Actual (18.6%)
Japan Housing Starts (YoY) above expectations (12.8%) in June: Actual (18.6%)
Rare Japan-South Korea joint intervention lifts Yen and Won — Reuters
Japanese and South Korean officials stepped in to buy their currencies in the open market in what sources described as a rare and an unprecedented coordinated market intervention, possibly alongside the United States (US), Reuters reported on Friday.
Indonesian Rupiah loses ground following China PMI release
USD/IDR gains ground after two days of losses, trading around 18,120 during the Asian hours on Friday. The pair appreciates as the Indonesian Rupiah (IDR) struggles following the release of disappointing Purchasing Managers' Index (PMI) data from China, Indonesia’s largest trading partner.
EUR/USD Price Forecast: Weakens to near 1.1500 as 100-day SMA caps upside
The EUR/USD pair trades in negative territory around 1.1500 during the early European trading hours on Friday. The Euro (EUR) softens against the US Dollar (USD) as escalating tensions in the Middle East weigh on riskier assets.Â
Australian Dollar sticks to intraday gains as BoJ's on-hold decision keeps Yen pressured
The AUD/JPY cross builds on the previous day's goodish rebound from sub-111.00 levels, or the lowest since April 7, and gains strong positive traction during the Asian session on Friday.
1%: Japanese Yen weakens as BoJ holds rates
USD/JPY rises after two days of losses, trading around 160.80 during the Asian hours on Friday. The currency pair continues to appreciate as the Japanese Yen (JPY) weakens following the Bank of Japan’s (BoJ) decision to keep its short-term interest rate unchanged at 1.00%.
Euro rallies further above 185.00 against Japanese Yen after BoJ’s policy decision
The Euro (EUR) extends the intraday rally to near 185.20 against the Japanese Yen (JPY) after the Bank of Japan’ (BoJ) monetary policy decision during the Asian trading session on Friday. The BoJ has kept interest rates steady at 1%, as expected, with an 8-1 majority.
British Pound falls as US Dollar receives from internal FOMC policy split
GBP/USD loses ground after three days of gains, trading around 1.3450 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) gains support from a hawkish pause by the Federal Reserve (Fed) and an internal FOMC policy split.
Japan BoJ Interest Rate Decision meets forecasts (1%)
Japan BoJ Interest Rate Decision meets forecasts (1%)
Singapore Unemployment rate: 2% (2Q)
Singapore Unemployment rate: 2% (2Q)
Australian Dollar inches lower as China’s NBS Manufacturing PMI falls in July
AUD/USD inches lower after registering over 1% gains in the previous day, trading around 0.7020 during the Asian hours on Friday. The pair remains subdued following the release of disappointing Chinese Purchasing Managers' Index (PMI) data.
USD/JPY Price Forecast: Climbs back above mid-160.00s as BoJ rate decision looms
The USD/JPY pair is seen building on the previous day's late recovery from sub-158.00 levels, or the lowest since May 14, and gaining positive traction during the Asian session on Friday.