Logo-color Logo-white

The Japanese yen has fallen to its lowest since 1986 against the dollar and a historic low against the euro. Its YTD loss is 12.5%, the third-worst performance after the Nigerian naira and the Egyptian pound among the 36 most liquid global currencies. This performance of the currency has the monetary and financial authorities in […]

The post Yen: A Managing Decline appeared first on Action Forex.

previous

Is a China-Taiwan Conflict Likely? Watch the Region’s Stock Market Indexes

next

Cliff Notes: The Slow Grind

Read More

12/04/2024

EUR/USD Extends Steep Fall as Bears Take Full Control After US Inflation Data/ECB Policy Decision

The Euro continues to trend lower and hit new 2024 in early Friday, as steep fall extends into third consecutive day, keeping the pair on track to the biggest weekly loss since the second week of May 2023. The single currency stumbled after hotter than expected US inflation data, released earlier this week, with ECB’s […]
23/04/2024

UK 100 Index Hits New All-Time Highs But Rally May Be Cooling

UK 100 index reaches 8,000 milestone But further gains may have to wait as uptrend starts to lose steam The UK 100 stock index (cash) closed at a new all-time high of 8,046.44 on Monday and climbed to an intra-day record of 8,077.25 earlier today. But whilst another record close is possible in the near […]
27/08/2024

Yen Shrugs as Inflation BoJ Core CPI Dips

The Japanese yen has edged lower on Tuesday. In the European session, USD/JPY is trading at 144.76, up 0.17% on the day at the time of writing. BoJ Core CPI slips to 1.8% Is Japanese inflation falling? On Tuesday, two inflation indicators pointed to a deceleration in inflation in July. BoJ Core CPI, which is […]