EUR/USD 1.14153
0.000%
Gold 4108.33
0.000%
Oil 71.472
0.000%
USD/JPY 161.729
0.000%
GBP/USD 1.33978
0.000%
GBP/JPY 216.686
0.000%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 12 – On the morning of July 12, the State Flood Control and Drought Relief Headquarters Office and the Ministry of Emergency Management continued to organize a joint consultation with the China Meteorological Administration, the Ministry of Water Resources, the Ministry of Natural Resources, the Ministry of Housing and Urban-Rural Development, the Ministry of Industry and Information Technology, and the Ministry of Transport to assess the development trend of Typhoon Bavi and heavy rainfall, and to deploy flood and typhoon prevention work in key areas. The State Flood Control and Drought Relief Headquarters activated a Level IV emergency response for flood control in Shandong on July 12, and adjusted the emergency responses for flood and typhoon prevention in Zhejiang, Fujian, Beijing, Tianjin, and Guangxi as needed. Three additional working groups were dispatched to Hebei, Liaoning, and Jilin to assist and guide local flood control efforts.Ukraine says it sank 14 Russian ships on Sunday.Kuwaiti Foreign Ministry: Strongly condemns the heinous attack on Kuwait by Iran this morning.July 12th - According to Beijing Emergency Management Bureau, the Beijing Flood Control Office announced that the Level I flood control emergency response for Daxing, Tongzhou, Shunyi, and Pinggu districts was lifted at 2 PM on July 12th. The entire city has lifted its flood control emergency response. At 8:30 AM today, the Level I flood control emergency response for Fangshan, Miyun, Huairou, Mentougou, and Fengtai districts was lifted, while the Level II flood control emergency response for Dongcheng, Xicheng, Chaoyang, Haidian, Shijingshan, Changping, and Yanqing districts was lifted.The Ukrainian military says it hit an oil refinery in Russia’s Samara region.

As investors await BOJ involvement, the EUR/JPY exchange rate rises toward 143.00

Daniel Rogers

Oct 13, 2022 14:46

截屏2022-10-13 上午10.04.03.png 

 

The EUR/JPY pair is clinging to the nearby 142.60 barrier during the Tokyo session. The asset, which is up for auction between 142.25 and 142.60, is poised for an upward breakout as the risk-off drive begins to wane. The European Central Bank (ECB) President Christine Lagarde's hawkish remark has energized the shared currency's bulls, pushing the cross closer to the significant hurdle of 143.00.

 

The Governing Council is debating Quantitative Tightening (QE), according to an ECB policymaker, who also underlined that the interest rate is the best tool for the current economic environment. It is likely that restrictive policy measures will remain as long as prices in the trading bloc keep rising and show no signs of slowing.

 

The possibility of a second intervention by the Bank of Japan (BOJ) in the currency markets is growing on the Tokyo front. The current value of the yen, according to Japanese authorities, does not accurately reflect economic realities. The USD/JPY pair has significantly beyond the area where the BOJ intervened last month.

 

Hirokazu Matsuno, chief cabinet secretary of Japan, said: "We are actively watching FX movements with a high sense of urgency and will take appropriate measures on excessive FX swings." Despite declining to comment on daily variations in the FX sector. The declaration was made following the USD/JPY pair's multi-year peak at roughly 146.40.


Suggestion