Yen extends rally below 157.70 on BOJ hawks, soft Fed tone
USD/JPY falls below 157.70 as hawkish BOJ comments and less hawkish Fed outlook weaken dollar, with geopolitics and payrolls in focus.
Major and emerging currency pairs, central bank policy, interest rate expectations and cross-border capital flows.
USD/JPY falls below 157.70 as hawkish BOJ comments and less hawkish Fed outlook weaken dollar, with geopolitics and payrolls in focus.
PBOC set yuan reference rate at 6.7807, above estimates, and conducted no reverse repo operations while 103 billion yuan matured.
AUD/NZD pushed into key resistance zone following RBNZ hike and Australia GDP beat.
NZD/USD fell after RBNZ comments confirmed a gradual tightening path, with key support at 0.5890 and 0.5840.
USD mixed, stocks rise as Middle East tensions simmer. ADP data shows weak hiring ahead of Friday's payrolls report.
EURUSD tested 100-day moving average support and 100-hour moving average resistance, providing clear trade entries and exits.
USDJPY fell below the 200-hour moving average but recovered above the 100-day moving average, highlighting key technical levels.
Sellers pushed USDJPY under the 200-hour moving average, but the pair bounced back above the 100-day moving average as momentum faded.
USDCAD traders watch BOC decision; technical levels at 1.3882 support and 1.39179 resistance guide the bias.
Greenback rallies on Warsh's hawkish tone; USD/JPY dips but bias stays bullish.
Central bank decisions move markets based on deviations from expectations, not the rate change itself. The RBNZ's rate hike weakened the NZD due to a dovish…
USD/JPY fell to 159.60 after earlier reaching 160.40, its highest since 31 July, raising questions about possible Tokyo rate checks.
RBNZ Governor Breman says rate path unchanged from May, and policy remains supportive despite recent hike.
The RBNZ raised its cash rate by 25bp to 2.75%, as widely expected.
US dollar strengthens to new highs against major currencies, supported by rising oil and yields amid Middle East tensions after Trump said US strikes Iran.