JPY

Today is a market holiday in Japan - closed on Monday, August 12, 2024

• Heads up for a Japanese holiday

Newsquawk Week Ahead: US CPI & Retail Sales; UK CPI & Jobs data; Aussie jobs and RBNZ

• Next week highlights include US CPI and Retail Sales data, while the UK sees CPI, Retail Sales and Jobs data, while in APAC, Australian jobs, RBNZ rate decision, China activity data, PBoC MLF, and Japan GDP will be the highlights.

In a sense, nothing happened in USD/JPY this week

• Incredible moves but also incredibly flat on the week

"No need for the Bank of Japan to raise interest rates much more than it has done"

• Julius Baer analyst retains his overweight recommendation on Japanese equities

Japanese stocks to rebound after recent sell-off - SuMi TRUST

• The immediate path ahead will be swayed by JPY developments

MUFG expect at least one more Bank of Japan rate hike in FY, but JPY needs to calm first

• Japan's fiscal year (FY) runs from April 1 to March 31

Magnitude 7.1 earthquake hits Japan's southern region, tsunami warnings issued

• The preliminary magnitude was 6.9 but now upgraded to 7.1 by the JMA

USDJPY Technical Analysis – All eyes on the US jobless claims today

• The USDJPY pair rebounded from the Monday’s lows, but the risk sentiment remains very fragile. What’s next?

Japan finance minister Suzuki says no comment on BOJ Uchida's remarks

• You're on your own, Uchida!

BOJ Summary - one monetary policy board member suggested the neutral rate is at least 1%

• Good luck with that

Japan data - June Current Account surplus smaller than expected, shrinks from May

• Yen doesn't need data releases to swing around on

Asia has barely started yet - here's the Wrap

• Yen up, ES and NQ down, US yields down

USD/JPY on the move, under 146.30

Yen & Nikkei traders alert warning - more coming from the Bank of Japan today!

• BOJ Deputy Governor Uchida torched the Bank's policy pivot yesterday, sending JPY plunging

Japan top currency diplomat says focus is on volatility when it comes to FX

• Mimura reiterates that they do not have specific levels in mind when looking at the FX market