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The Japanese yen has reached 150 against the US dollar, its lowest level since August 1990.

Forex News
October 21, 2022October 21, 2022

The Japanese yen continues to lose ground, breaking through the 150-mark against the US dollar on Thursday, the highest level since 1990. The Japanese economy has been suffering as the yen has weakened significantly, prompting an emergency Bank of Japan meeting. The last time when the Yen breached the 160-mark was way back in 1986. In recent weeks, the Bank… Read More »The Japanese yen has reached 150 against the US dollar, its lowest level since August 1990.

The Japanese yen is hovering near a Thirty year low.

Forex News, Technical Analysis
October 14, 2022October 14, 2022

As the Bank of Japan vowed to maintain ultra-easy monetary policy despite clear indications that other major central banks will tighten further to combat surging inflation, the Japanese yen depreciated past 147 per dollar. Briefly, it breached the 147.64 level, bringing it to its lowest level since August 1990. BOJ Governor Haruhiko Kuroda emphasized the importance of assisting the economy’s… Read More »The Japanese yen is hovering near a Thirty year low.

Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

Forex News
October 3, 2022October 3, 2022

As we are entering the last quarter of the year, We have major news releases like RBA, RBNZ interest rate decision and the USD’s Non Farm Payroll Major Economic events RBA’s policy decision (Oct 3, 11:30 pm GMT)The RBA may increase rates by a another 50 basis points. Or, with a 25bps rate hike, will members let off the gas… Read More »Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

Today (22-September-2022) – Important Market Updates

Forex News
September 22, 2022September 22, 2022

USD – Fed announces another 0.75 percentage point increase in interest rates JPY – BOJ keeps ultra-low rates, dovish policy guidance CHF – The Swiss National Bank raises interest rates to 0.5% in order to cool the country’s raging inflation. GBP – Bank of England hiked interest rates for a seventh straight time for 50 bps

The Japanese yen has reached 150 against the US dollar, its lowest level since August 1990.

The Japanese yen is hovering near a Thirty year low.

Week ahead in Forex Markets (Oct 3 – 7), Main focus on RBA, RBNZ’s rate hikes and the US Non Farm payroll data

Today (22-September-2022) – Important Market Updates

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