Investors Tread Carefully Following FOMC Minutes, Awaiting Key US Job Reports

Yen is showing broad-based strength in today’s Asian session, particularly against the generally weakening Dollar. This move has also put pressure on the Nikkei, which turned lower as Yen gained momentum. While there’s no clear catalyst for these movements, it appears that Yen’s recent pullback may have run its course. Meanwhile, Dollar continues to extend […]

Traders appear to be stepping back from last Friday’s risk-on rally, showing more caution in the Asian session today. The mood in major indices is mixed; with Nikkei trading down by more than -1%, while HSI is showing gain of about 1%. This cautious sentiment is mirrored in the currency markets, where safe-haven currencies like […]

Yen has a notable bounce in Asian session today, fueled by a Nikkei report suggesting that BoJ is finally near to the end its negative interest rate policy. This policy shift, which could see interest rates rise as early as the first half of next year, hinges on the outcomes of spring labor-management negotiations and […]