The Japanese yen weakened against other major currencies in the Asian session on Wednesday, due to political unpredictability and fiscal worries. The BoJ's hawkish stance and concerns about intervention may prevent the JPY bears from making new bets. A major contributing element to the JPY's weakness...
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia raised its benchmark rate for the first time since November 2023 as inflation picked up materially. The policy board governed by Michele Bullock decided to lift the...
The Japanese yen weakened against other major currencies in the European session on Friday, as expectations for an immediate Bank of Japan (BoJ) rate hike are reduced by softer Tokyo CPI prints. The JPY's safe-haven character is further enhanced by worries about Japan's financial situation in light...
The Canadian dollar strengthened against other major currencies in the Asian session on Friday amid rising crude oil prices, as Iran shrugged off U.S. threats to negotiate or face attack, causing concerns over possible supply disruptions. West Texas Intermediate crude for March delivery was up $2.23...
The Japanese yen weakened against other major currencies in the Asian session on Thursday, due to concerns about Japan's fiscal health and political uncertainty. Sanae Takaichi, the prime minister of Japan, announced plans to suspend the nation's consumption tax in the event that her Liberal Democratic...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday, as commodity prices rallied. Oil prices hit a fresh four-month high, driven by a weaker dollar, looming Iran concerns and disruption to...
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, as Australia's upbeat inflation fueled bets of an increase in Reserve Bank interest rates next week. Data from the Australian Bureau of Statistics showed that Australia's consumer price inflation accelerated...
The Indian rupee weakened against the U.S. dollar in the late Asian session on Tuesday, amid importer hedging surpassed exporters and equity outflows acceleration. Traders are cautious ahead of the Federal Reserve's policy announcement due on Wednesday. Markets will closely examine the Fed's announcement...
The Japanese yen strengthened against other major currencies in the pre-European session on Monday, due to rising speculation of possible Bank of Japan intervention in the foreign exchange market. Japan's Prime Minister Sanae Takaichi cautioned against speculative actions on Sunday after the country's...
The British pound strengthened against other major currencies in the European session on Friday, after data showed that the U.K. retail sales rebounded in December as online jewelers reported a renewed increase in demand for precious metals. In other economic news, data from the Office for National...
The Japanese yen recovered from early weakness against other major currencies in the European session on Friday, after the Bank of Japan (BoJ) Governor Kazuho Ueda's news conference. The BoJ Ueda said that despite the hike in December, conditions are still favorable and that underlying inflation is...
The Australian dollar strengthened against other major currencies in the Asian session on Friday, as the Australia's robust PMI data signaled the Reserve Bank of Australia's (RBA) to be likely tighter monetary policy. Data from S&P Global showed that the manufacturing sector in Australia continued...
The Japanese yen weakened against other major currencies in the Asian session on Thursday amid increased risk-on mood, as traders react to U.S. President Donald Trump's speech at the World Economic Forum, where he ruled out the use of military force to take control of Greenland. Concerns about a tariff...
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, following the release of Australia's employment data, which supports expectations of tighter monetary policy from the Reserve Bank of Australia (RBA). Data from the Australian Bureau of Statistics showed...
The Japanese yen strengthened against other major currencies in the European session on Wednesday, as traders await additional clues regarding the anticipated timing of the Bank of Japan's (BoJ) next rate hike. The outcome of a two-day BoJ meeting on Friday, which will have a significant impact on...
January 30, 2026 15:51 ET The Federal Reserve policy decision was the main event in the final week of January, which saw a heavy flow of economics news. Several data reflecting the trends in the U.S. economy were also released during the week. The interest rate decision from Canada also was in focus. In Europe, economic sentiment data gained attention. The policy decision from Singapore was the highlight in Asia.