EUR/USD 1.15853
0.046%
Gold 4085.05
0.431%
Oil 60.239
-0.533%
USD/JPY 155.490
-0.015%
GBP/USD 1.31454
0.007%
GBP/JPY 204.411
0.002%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On November 19th, Yuanjie Technology announced that its board of directors, at its meeting held on November 19th, 2025, approved a resolution authorizing management to initiate preparatory work for an overseas issuance of shares (H shares) and listing on the Hong Kong Stock Exchange. This move aims to accelerate the companys internationalization strategy and overseas business layout, enhance its brand image and awareness, and improve its capital strength and overall competitiveness. The company plans to discuss the specific details of the H-share listing with intermediaries and will strictly comply with relevant laws and regulations and fulfill its information disclosure obligations.November 19th - UK October inflation came in line with expectations, reinforcing market expectations that the Bank of England will cut interest rates in December. The pound fell slightly after the data release. "Signs that inflation has peaked should prompt the Bank of England to lean towards a rate cut in December," said Schroders economist George Brown in a report. However, whether further rate cuts will occur will depend on the content of the UK budget on November 26th. LSEG data shows that the market currently expects a 79% probability of a Bank of England rate cut in December.The Indonesian central bank kept its benchmark interest rate at 4.75%, in line with expectations.Indonesias 7-day reverse repo rate as of November 19 was 4.75%, as expected and unchanged from the previous rate.British Chancellor of the Exchequer Reeves: Premature disclosure of the budget is unacceptable.

The USD/JPY exchange rate is anticipated to resume its ascent from 132.00 as the BOJ favors greater policy easing

Alina Haynes

Jan 05, 2023 15:05

 USD:JPY.png

 

The USD/JPY pair has gradually retraced approaching the crucial support level of 132.00 in the early Asian session. Following a big increase to approximately 132.70, the asset is seeing weak selling pressure. The major may resume its ascent despite the risk-on market mentality, as the Bank of Japan (BOJ) has supported greater policy easing to bolster wages.

 

As the Federal Reserve (Fed) is projected to lower the rate of interest rate hikes, the S&P500 exhibited a stronger recovery on Wednesday following a two-day fall.

 

The US Dollar Index (DXY) dropped sharply below 104.00 as an adjustment to the Fed's sluggish pace of policy tightening anticipated a reduction in the US price index for goods and services. In addition, the yield on US Treasury bonds has increased due to the majority of Fed policymakers' support for a slower rate of interest rate increases. The yield on 10-year US Treasuries has declined to approximately 3.69 percent.

 

Investors will await the release of the United States Automatic Data Processing (ADP) Employment Change (Dec), which is projected to be 150K, up from the previous release of 127K. In contrast, the US Nonfarm Payrolls (NFP) report reveals a rise of 200K jobs compared to the previous estimate of 263K. The US Institute of Supply Management's (ISM) report of a decline in manufacturing activity and the Federal Reserve's decision to increase interest rates increase predictions of a slowed employment creation process.

 

After BOJ Governor Haruhiko Kuroda pushed for greater policy easing to drive the wage price index in order to meet higher inflation projections for CY2023 and CY2024, the Japanese yen experienced a strong fall in Tokyo.


Suggestion