EUR/USD
1.16048
0.145%
Gold
4428.31
0.920%
Oil
90.154
1.165%
USD/JPY
156.396
-1.455%
GBP/USD
1.34969
0.086%
GBP/JPY
211.089
-1.373%
Real-time News
Russian President Vladimir Putin: The morale of the Ukrainian army is currently very low, and the desertion rate is very high.Russian President Vladimir Putin: The information about mobilization was an information attack launched by the enemy before the Russian Duma elections, with the aim of influencing the election results.Data from the Bank of Japan (BOJ) suggests the Japanese government did not appear to have conducted a large-scale intervention in the foreign exchange market on Wednesday, indicating that the sharp exchange rate fluctuations were likely due to trader jitters stemming from readjustments in interest rate hike expectations. The BOJs current account forecast released on Thursday differed too little from currency broker estimates to suggest that Japan had intervened with yen buying on the scale of a month ago. The BOJ projected a 410 billion yen decrease in its current account due to fiscal factors, compared to an average estimate of approximately 700 billion yen from the Central Accounting Research Institute, Ueda-Yagi Accounting Research Institute, and Tokyo Accounting Research Institute. This difference is far less than 729 billion yen, representing Japans smallest intervention since 2022. The exchange rate volatility partly stemmed from traders adjusting their positions based on expectations of the BOJs interest rate hike direction. A series of comments from Japanese and US policymakers fueled speculation about a potential acceleration in tightening or even a significant rate hike, but sources familiar with the matter indicated the BOJ favors a 0.25 percentage point rate hike at its September meeting, dampening previous expectations of a larger increase.The Kremlin responded to the US Treasury Secretarys remarks by saying, "We will continue to support Iran."Andy Challenger, Chief Revenue Officer and Labor Market Specialist at Challenger, a US employment data company: We hope that while layoffs decrease, hiring activity will also increase.
