Japan’s Yen sleeps through a regional equity crash

Japan’s Yen sleeps through a regional equity crash

The Yen trades a fraction under 164.00 on Tuesday, marginally weaker on the day, inside a 30-pip band with a floor above 163.50 and a high a few ticks beneath the standing cycle extreme. That extreme is the currency’s weakest level against the Dollar in four decades, and the pair has now spent three sessions […]

NZD/USD holds ahead of the Fed’s decision

NZD/USD holds ahead of the Fed’s decision

NZD/USD trades nearly unchanged around the 0.5785 area on Tuesday, struggling to extend its earlier recovery despite a modest decline in the US Dollar (USD). The pair rebounded from recent lows but lost momentum as investors avoided large positions ahead of Wednesday’s Federal Reserve (Fed) monetary-policy announcement. The Greenback came under pressure after the Conference […]

Japanese Yen holds as markets await Tokyo inflation data

Japanese Yen holds as markets await Tokyo inflation data

USD/JPY trades slightly higher near the 163.80 area on Tuesday, remaining close to multi-decade highs as the Japanese Yen (JPY) struggles to attract demand. Softer United States (US) consumer confidence data limited the US Dollar’s advance, although the pair maintained its upward bias. The Conference Board Consumer Confidence Index declined to 90.8 in July from […]