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BUZZ-COMMENT-Emerging nations fuel a crisis for their currencies
Feb 7 (Reuters) - Several emerging nations are encouraging their currencies to drop, with central banks unusually moving out of step with the Federal Reserve to lower interest rates.Not only is this a marked change in behaviour, interest rates are being lowered when currencies are extremely weak.Cut...Reuters
Fri, Feb 7
JGB yields hit fresh multi-year highs on BOJ rate-hike bets
TOKYO, Feb 7 (Reuters) - Japan's government bond yields hit fresh multi-year highs on Friday on bets that the Bank of Japan (BOJ) may raise interest rates earlier than the market had expected.The 10-year JGB yield JP10YTN=JBTC rose 4 basis points (bps) to 1.3%, its highest since April 2011. The ...
Reuters
Fri, Feb 7
FOREX-Yen bolstered by rate hike bets; US job data in focus
Dollar/yen briefly breaks below 151 as traders bet on more BOJ hikesSterling licks wounds after Thursday's BOE meetingOther major currencies steady with focus on US payrolls reportUpdates to Asian afternoonBy Brigid Riley TOKYO, Feb 7 (Reuters) - The yen climbed to a nine-week high on Friday ...Reuters
Fri, Feb 7
EUR/JPY struggles to build on its recovery from multi-month low beyond mid-157.00s
The EUR/JPY cross stages a goodish intraday recovery from the 156.75 area, or its lowest level since early December touched earlier this Friday and for now, seems to have snapped a two-day losing streak.
Fxstreet
Fri, Feb 7
Yuan slips as investors focus on Sino-US trade relations
SHANGHAI, Feb 7 (Reuters) - China's yuan slipped against the dollar on Friday, with investors cautiously monitoring developments in Sino-U.S. trade and keen to know if there would be a phone call between the leaders of the two nations.Beijing on Tuesday slapped tariffs on U.S. imports in an im...Reuters
Fri, Feb 7
BUZZ-COMMENT-JPY pairs to fresh lows, US jobs report a speed-bump?
Feb 7 (Reuters) - JPY pairs have extended their drop in Asia Friday ahead of key U.S. jobs data. Although a stronger-than-expected U.S. report could see USD/JPY pop higher, the yen looks set to climb over time on a clear shift in central bank expectations and concomitant moves in yield differentials...Reuters
Fri, Feb 7
Yen firm on rate hike bets; US jobs data in focus
TOKYO, Feb 7 (Reuters) - The yen climbed to a nine-week high as market players piled on bets for more interest rate hikes in Japan this year, while the U.S. dollar and other major currencies trod water ahead of U.S. monthly payrolls figures due later in the day.
NZD/USD gains traction above 0.5650 ahead of US NFP release
NZD/USD trades in positive territory around 0.5680 in Friday’s Asian session. The employment report keeps the RBNZ on track to cut by 50 bps in February. Fed officials said uncertainty creates the environment for the Fed to slow the pace of cuts.Fxstreet
Fri, Feb 7
