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Indonesian Rupiah weakens over legal immunity for Danantara bond buyers
USD/IDR continues to gain ground for the second consecutive day, trading around 17,940 during the Asian hours on Tuesday. The currency pair rose as the Indonesian Rupiah (IDR) weakened over governance and transparency concerns.Fxstreet
Tue, Jun 30
China’s NBS Manufacturing PMI beats expectation in June: What 50.3 means for the Australian Dollar
China’s official Manufacturing Purchasing Managers' Index (PMI) rose to 50.3 in June, compared to 50.0 in the previous reading. The reading came in above the market consensus of 50.1 in the reported month.Fxstreet
Tue, Jun 30
Japan’s Kihara: Always ready to take necessary action on forex
Japan’s Chief Cabinet Secretary Minoru Kihara reiterated during a regularly scheduled press conference this Tuesday that officials he is always ready to take necessary action on forex. Kihara, however, refrained from commenting on specific forex level.Fxstreet
Tue, Jun 30
Breaking: Japanese Yen plummets below 162.00, fresh four-decade low against USD
The USD/JPY pair surges past the critical 162.00 psychological threshold, hitting a fresh four-decade high during the Asian session on Tuesday. However, expectations of a possible intervention by Japanese authorities cap further upside.Fxstreet
Tue, Jun 30
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