The yen pair is trading on sideline today ahead of Federal speech about inflation and due to rise in Japan CPI This has put the yen pair into seesaw moment. Japan's core consumer prices rose for the first time in September after the initial stages of the corona virus outbreak in March 2020, a sign [...]
The dollar traded near low on today as traders looked to next week's Federal Reserve policy meeting for indications on how soon the U.S central bank will start to taper stimulus and also Japan exports increased peak place. The Federal Open Market Committee's (FOMC) two-day policy meeting ending Sept. 22 should provide some clarity on [...]
Global markets are worried about the political woes in Tokyo as viral concerns resurfaced in early September and tapping chats are increased among this. Now the market’s wait for key US data and the hope that major central banks will have more time before easing monetary policies. Elsewhere, Japanese Prime Minister Yoshide Suga told reporters [...]
Today Bank of Japan board member Toyoaki Nakamura warned of the risks to the economic outlook posed by the recent rise in the Covid-19 pandemic, but expressed hope that consumption would increase once homes felt safe to spend. Nakamura said the world’s third-largest economy would recover as the impact of the pandemic fades, encouraging growth [...]
