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CORRECTED-FOREX-Yen strengthens as intervention risk trips up Takaichi trade
Japanese currency reverses earlier weakness, snaps six-day losing streakAuthorities in Tokyo reiterate warnings on yen volatilityU.S. dollar faces busy week ahead of data releasesBy Gregor Stuart Hunter SINGAPORE, Feb 9 (Reuters) - The yen strengthened in Asian trading on Monday after Japanese Pr...Reuters
9 minutes ago
Yuan flirts with 2-1/2-year highs as China's forex reserves expand
SHANGHAI, Feb 9 (Reuters) - China's yuan edged higher on Monday, flirting with the strongest level in more than 2-1/2 years as the dollar weakened after a U.S. Federal Reserve official said there's room to cut interest rates.Sentiment was also aided by a stronger guidance rate and data showi...Reuters
an hour ago
NZD/USD declines to near 0.6000 as New Zealand labor data dampens RBNZ rate hike prospects
The NZD/USD pair trades in negative territory near 0.6015 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) edges lower against the US Dollar (USD) as softer labor data pushes out expectations for the Reserve Bank of New Zealand (RBNZ) tightening.
Fxstreet
2 hours ago
GBP/USD softens to near 1.3600 as BoE hints further rate cuts
The GBP/USD pair loses ground to near 1.3610 during the early Asian session on Monday. The Pound Sterling (GBP) softens against the Greenback amid growing expectations of the Bank of England’s (BoE) interest-rate cut. Traders will take more cues from the Fedspeak later on Monday.
Fxstreet
3 hours ago
Yen slide deepens as Takaichi triumph in Japan election paves the way for more stimulus
By Gregor Stuart Hunter SINGAPORE, Feb 9 (Reuters) - The yen extended a string of recent losses in early Asian trading on Monday after Japanese Prime Minister Sanae Takaichi swept to victory in Sunday's election, easing the path to further fiscal stimulus. The yen JPY= slid as much as 0.3% t...Reuters
4 hours ago
Japan top currency diplomat Mimura says government closely watching FX moves
TOKYO, Feb 9 (Reuters) - Japan's top currency diplomat Atsushi Mimura said on Monday that the government is closely watching foreign exchange moves after Japanese Prime Minister Sanae Takaichi's coalition swept to a historic election win."We are closely watching currency movements with a...Reuters
4 hours ago
Japan markets set for renewed 'Takaichi trade' after landslide election win
Japan PM Takaichi wins big in snap electionYen may face further pressure 'Takaichi trade' has been positive for stocks, not JGBsBy Rocky Swift TOKYO, Feb 8 (Reuters) - Japan's volatile financial markets must now contend with Prime Minister Sanae Takaichi firmly in the driver's sea...Reuters
9 hours ago
Yen weakens slightly after Takaichi election win
LONDON, Feb 8 (Reuters) - The yen weakened slightly against the dollar in early Asia trade after Japanese Prime Minister Sanae Takaichi's coalition swept to a historic election win on Sunday, which hands her an electoral mandate to reflate the economy. Since she began her rise to become the nati...Reuters
10 hours ago
Japan markets set for renewed 'Takaichi trade' after landslide election win
By Rocky Swift TOKYO, Feb 8 (Reuters) - Japan's volatile financial markets must now contend with Prime Minister Sanae Takaichi firmly in the driver's seat after her decisive victory on Sunday, which hands her an electoral mandate to reflate the economy.The question for investors is whethe...Reuters
15 hours ago
Japan's election: What you need to know
Takaichi coalition on track for big win, opinion polls suggestPromise to suspend sales tax on food has spooked marketsTakaichi's youth support contrasts with traditional LDP baseElection outcome could affect Japan-China relationsRecord snowfall buries parts of Japan in rare winter electionBy Joh...Reuters
Sun, Feb 8
FOREX-Dollar heads for weekly rise, yen slumps ahead of Japan's election
Dollar retreats from two-week high as risk assets reboundYen softens ahead of Japan's national electionEuro and sterling recover after central bank decisionsBy Laura Matthews NEW YORK, Feb 6 (Reuters) - The dollar slipped from two-week highs on Friday, returning some safe-haven gains as risk ...Reuters
Fri, Feb 6
