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Japan’s Top FX Diplomat Mimura: Closely watching FX moves with a high sense of urgency
Atsushi Mimura, Japan’s Vice Finance Minister For International Affairs and top foreign exchange official, said on Thursday, he is “closely watching FX moves with a high sense of urgency.” He added that he is “ready to take appropriate actions for excess FX moves if necessary.” Market reaction USD/JPY eased off 154.72, its intraday high, losing 0.11% on the day to trade near 154.50 following these verbal warnings.
USD/JPY
Fxstreet
Thu, Nov 7
Australia’s Trade Surplus decreases to 4,609M MoM in September vs. 5,300M expected
Australia’s trade surplus decreased to 4,609M MoM in September versus 5,300M expected and 5,644M in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.
Fxstreet
Thu, Nov 7
Australia Trade Balance (MoM) below forecasts (5300M) in September: Actual (4609M)
Australia Trade Balance (MoM) below forecasts (5300M) in September: Actual (4609M)
AUD/USD
Fxstreet
Thu, Nov 7
Australia Imports (MoM) declined to -3.1% in September from previous -0.2%
Australia Imports (MoM) declined to -3.1% in September from previous -0.2%
AUD/USD
Fxstreet
Thu, Nov 7
Australia Exports (MoM) down to -4.3% in September from previous -0.2%
Australia Exports (MoM) down to -4.3% in September from previous -0.2%
AUD/USD
Fxstreet
Thu, Nov 7
Japan Labor Cash Earnings (YoY) in line with expectations (2.8%) in September
Japan Labor Cash Earnings (YoY) in line with expectations (2.8%) in September
Fxstreet
Wed, Nov 6
Japan Labor Cash Earnings (YoY) above forecasts (2.8%) in September: Actual (3%)
Japan Labor Cash Earnings (YoY) above forecasts (2.8%) in September: Actual (3%)
Fxstreet
Wed, Nov 6
Japan Labor Cash Earnings (YoY) meets expectations (2.8%) in September
Japan Labor Cash Earnings (YoY) meets expectations (2.8%) in September
Fxstreet
Wed, Nov 6
RBA’s Bullock: Too early to judge US election, tariff implications
Reserve Bank of Australia Governor Michele Bullock said on Thursday that it’s premature to assess the impact of the US presidential election outcome and tariff implications.
Fxstreet
Wed, Nov 6
South Korea Current Account Balance rose from previous 6.6B to 11.12B in September
South Korea Current Account Balance rose from previous 6.6B to 11.12B in September
Fxstreet
Wed, Nov 6
Coinbase’s Paul Grewal urges SEC to embrace change on crypto after Trump's victory
Paul Grewal, Coinbase's Chief Legal Officer, has asked the US Securities & Exchange Commission (SEC) to reconsider how it regulates cryptocurrencies now that Donald Trump has been elected to a second term as president.
Fxstreet
Wed, Nov 6
Forex Today: Will the Fed add to the euphoria?
The Greenback was set for its biggest one-day gain since 2020, boosted by Trump’s victory and the rising chances of a “Red Sweep.” Up next is the Fed meeting, where a 25-basis-point rate cut is widely expected by investors.
Fxstreet
Wed, Nov 6
United States 30-Year Bond Auction: 4.608% vs 4.389%
United States 30-Year Bond Auction: 4.608% vs 4.389%
Fxstreet
Wed, Nov 6
Trading the BoE – TDS
TDS expects the MPC to cut Bank Rate by 25bps with a 7-2 majority, and leave guidance relatively unchanged, implying a cautious approach to further cuts.
Fxstreet
Wed, Nov 6
Canada Ivey Purchasing Managers Index s.a below expectations (54.2) in October: Actual (52)
Canada Ivey Purchasing Managers Index s.a below expectations (54.2) in October: Actual (52)
Fxstreet
Wed, Nov 6
What Trump’s election means for Europe and the Netherlands – ABN AMRO
The clear victory for president Trump overnight poses significant downside risks to the growth outlook for the eurozone – and especially that of export-orientated Germany and the Netherlands, ABN AMRO’s economists note.
Fxstreet
Wed, Nov 6
United States MBA Mortgage Applications: -10.8% (November 1) vs previous -0.1%
United States MBA Mortgage Applications: -10.8% (November 1) vs previous -0.1%
Fxstreet
Wed, Nov 6
US Election: republicans likely win presidency & senate – TDS
Markets remain strongly inclined to trade a Red Sweep. 10y USTs still around 15bps higher on the day and 5s30s curve bear steepening.
Fxstreet
Wed, Nov 6
PLN: Still no change – Commerzbank
Poland’s central bank (NBP) will announce its monthly interest rate decision today.
EUR/PLN
USD/PLN
Fxstreet
Wed, Nov 6
EM: Key battle grounds – ING
USD/CNH is up around 1% as markets price in renewed trade wars, ING’s FX analyst Chris Turner notes.
Fxstreet
Wed, Nov 6
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