Japanese Yen Outlook: Firmer CPI Fails to Lift JPY
Japan CPI strengthened the case for a September BOJ hike, yet the yen remains weak as traders weigh intervention, yields and higher oil prices.
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Japanese Yen Surges as MOF Steals the BOJ's Thunder After FOMC
The Japanese yen surged after a suspected MOF intervention sent USD/JPY tumbling, shifting the spotlight away from today's Bank of Japan meeting.
USDJPY Forecast Yen fails to recover after BoJ decision
The trading week continues, and the Japanese yen’s lack of short-term strength is once again standing out. Recent USD/JPY price action shows the pair up slightly more than 0.2% over the last three trading sessions, suggesting that some buying pressure remains near recent highs.
USDJPY Analysis What comes next for the yen after the US CPI release
A new trading week begins, and one of the factors that continues to stand out is the neutrality of the Japanese yen. Japan’s currency has struggled to recover consistent short-term appeal, something reflected in USD/JPY price action, with the pair moving around 0.1% over the last two sessions near the reference area of 160 yen per dollar.
AirTrunk IPO: Everything you need to know about AirTrunk
AirTrunk is one of the largest hyperscale data centre developers in Asia-Pacific. Based in Australia, the company is exploring a listing on the ASX that could value them at AU$10 billion.
Rakuten Bank IPO: Everything you need to know about Rakuten Bank
Rakuten Bank is set to be Japan’s biggest IPO since 2018. The online banking arm of Rakuten Group Inc. is valued at over $800 million