Yen under pressure; Aussie higher on inflation - Reuters
Yen under pressure; Aussie higher on inflation Reuters
Coverage by Political Leaning
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Notable Quotes
""We can't be sure this will change the policy board dramatically, especially given the two departing members were on the dovish side.""
— Derek Halpenny , Academic
""If the U.S. dollar were to fall alongside high-beta forex, it would be a concerning signal that markets are developing broader, U.S.-specific worries linked to AI revaluations.""
— Francesco Pesole , Academic
""We sense that this is less likely, and that the dollar will instead continue to respect its somewhat reduced, but still negative, correlation with U.S. equities.""
— Francesco Pesole , Academic
""The recent U.S. Supreme Court decision on tariffs is adding uncertainty and could lead to the Trump administration targeting an even-weaker currency to support U.S. exports and reduce the widening U.S. trade gap.""
— Roberto Mialich , Academic
"Upbeat take on the US economy and growth."
— Trump , Politician
Key People
Asada is an academic known for advocating lower interest rates.
Derek Halpenny is the head of research global markets at MUFG.
Former president of the United States known for his aggressive economic policies.
Francesco Pesole is a forex strategist at ING.
Roberto Mialich is a global forex strategist at Unicredit.
Prime Minister of Japan re-elected by Parliament.
Sato is a key executive at Toyota, known for navigating the company during pivotal moments.
Donald Trump is the former President of the United States.
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<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxNZDRIaWl5Q3hiZ2RYeWRqV2RyRkwtaUQ2VGJ0ZlU5cTI3eklUby0zUE1LZkRhRWczZ2Zpa0hlSEhJVlF0cnZGQU5OVk5IYjRHaGtLQ3U5OEE1Q3gwaEtyd3lCTUdsOEgzanJOd3NqWjdGaV9ybzgtZjRoR3ZUOG9hX1Z4Sm5BaGEtbXpHU1ZVaTJZQ0RRVEw3c0VpVzgyaVlINkNYay1ydXNjaTRnYWF1YXZ6U05PNVNsMjBj?oc=5" target="_blank">Yen under pressure; Aussie higher on inflation</a> <font color="#6f6f6f">Reuters</font>
The Japanese yen weakened near a two-week low after Prime Minister Sanae Takaichi expressed reservations about future rate hikes to the central bank chief, while the Australian dollar rose 0.3% to $0.7074 following a pickup in inflation.
The Japanese yen weakened near a two-week low after Prime Minister Sanae Takaichi reportedly expressed reservations about future rate hikes to the central bank chief, while the Australian dollar rose 0.3% to $0.7074 following a pickup in inflation.
The Japanese yen weakened near a two-week low after Prime Minister Sanae Takaichi expressed reservations about future rate hikes to the central bank chief, while the Australian dollar rose 0.3% to $0.7074 following a pickup in inflation.
The Japanese yen hovered near a two-week low as the government nominated two academics perceived as willing to tolerate higher inflation to stimulate growth to join the Bank of Japan board. The Australian dollar surged 0.7% to $0.7109 after a stronger-than-expected inflation reading raised the prospect of additional rate hikes.
The Japanese yen weakened near a two-week low after Prime Minister Sanae Takaichi expressed reservations about future rate hikes to the central bank chief, while the Australian dollar rose 0.7% to $0.7109 following a pickup in inflation.
The Japanese yen fell against almost every currency after the government nominated two academics known to favor lower rates to the central bank board. The Australian dollar rose after a higher-than-expected inflation reading increased the prospect of rate hikes.
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