The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, amid potential large-scale government actions. During the current Golden Week festivities, Japanese Finance Minister Satsuki Katayama issued a warning about "decisive measures" against speculative actions.After the JPY broke the psychological mark of 160.00 last week, Japanese officials reportedly spent...
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.