News
YCL
23.40
-0.21%
-0.05
Heightened Threat Of Japanese Intervention Pushes Greenback Away From JPY152
The dollar neared JPY152, setting a new 34-year high. Most of the G10 currencies are softer against the dollar but the yen. Chinese equities got thumped today, with the CSI 300 off nearly 1.2%. Gold is firm, recording a higher low for the third consecutive session as remains near $2200.
Seeking Alpha · 1d ago
Dollar's Recent Gains Pared But Firm Undertone Remains Intact
The dollar consolidated yesterday and is continuing to do so today at slightly lower levels. The PBOC lowered the dollar's fix slightly, and officials are struggling to reestablish order. Against the offshore yuan, the dollar remains outside of its 2% onshore band. Asia-Pacific equities rallied, led by the Hang Seng and mainland shares. Europe's STOXX 600 is treading water after eking out a minor gain.
Seeking Alpha · 2d ago
Greenback Consolidates Last Week's Surge
The dollar is consolidating after surging at the end of last week. Except for the Swiss franc and Swedish krona, the G10 currencies are showing a slightly firmer tone. The large bourses in Asia-Pacific fell, with the Nikkei losing almost 1.2%. The 10-year US Treasury yield slipped for the past four days.
Seeking Alpha · 3d ago
Weekly Report: what happened at YCL last week (0318-0322)?
Weekly Report · 3d ago
Week Ahead: Enthusiasm For The Dollar Rekindled
The Bank of Japan lifted its interest rate target for the first time in 17 years. The Swiss National Bank became the first G10 central bank to cut rates. The central bank of Mexico delivered its first rate cut. The dollar initially sold off hard but recovered to trade at new highs for the week.
Seeking Alpha · 5d ago
CNY7.20 Gives Way As Strong Greenback Proves Too Much
The dollar's post-FOMC sell-off has been reversed and the greenback has reached new highs for the week against most of the G10 currencies. The US dollar has risen above CNY7.20 for the first time since last November. Chinese and Hong Kong equities were hit hard today and the Hang Seng fell nearly 2.2%. The yen is steady and is the best performer in Asia.
Seeking Alpha · 6d ago
Market Hears A Dovish Fed And Sells The Greenback
Federal Reserve triggered a dollar sell-off yesterday and follow-through selling was seen in Asia. The G10 currencies are mixed ahead of the North American open. Outside of China, the large equity markets in Asia Pacific rallied with the Nikkei, South Korea, and Taiwan advancing. Gold reached a new record high today.
Seeking Alpha · 03/21 11:30
End Of An Era - Bank of Japan Reverses Negative Interest Rate Policy
Bank of Japan Reverses Negative Interest Rate Policy. The BOJ raises short rates from -0.1% to 0.1%. The Bank of Japan is the last central bank to exit a negative interest rate policy. Wage hikes exceeding expectations drive the BOJ's policy change.
Seeking Alpha · 03/20 16:20
What A Shift In Fed Dots Would Mean For G10 FX
In advance of tonight's FOMC meeting and new economic projections, ING looks at what a shift in the Fed's Dot Plots would mean for G10 FX. Correlations between expectations for the Fed easing this year and G10FX are strongest for USD/JPY. The dollar would likely rally on a shift to 50bp of easing for this year.
Seeking Alpha · 03/20 14:12
Dollar Extends Gains Against The Yen But Broadly Firmer Ahead Of The FOMC
Dollar Extends Gains Against The Yen But Broadly Firmer Ahead Of The FOMC Meeting. The dollar is broadly higher but is holding below yesterday's best levels against the other G10 currencies. South Korea's Kospi leads the markets in Asia Pacific. The US dollar remains bid ahead of the outcome of today's FomC meeting. Gold consolidates in a narrow range of $2157.
Seeking Alpha · 03/20 10:55
The Japanese Stock Rally May Have More Room To Run
"Abenomics," an ambitious economic plan created by late prime minister Shinzo Abe, laid the groundwork for today's Japanese stock rally. Attractive valuations, cash on the sidelines, and monetary policy could drive Japanese equities higher going forward. Abenomics was designed to pull the Japanese economy out of stagnation.
Seeking Alpha · 03/20 10:05
Bank of Japan Pivot Proves Underwhelming For Markets
Bank of Japan ends decades of unconventional and aggressive monetary easing. Strong wage negotiation results played a crucial role in the BoJ's move. The BoJ pledged to maintain accommodative monetary conditions. The market's immediate reaction was disappointing, says ING's Mars Yu. The April Quarterly Outlook report will be of interest to the market.
Seeking Alpha · 03/19 18:30
Greenback Surges After BOJ Hikes And Ends YCC And RBA Delivers A Dovish Hold
Greenback Surges After BOJ Hikes And Ends YCC And RBA Delivers A Dovish Hold. The US dollar is surging against most of the G10 currencies. The yen and Australian dollar are the weakest of the lot. The offshore yuan is weaker for the sixth consecutive session. The Reserve Bank of Australia delivered a dovish hold.
Seeking Alpha · 03/19 13:05
What about the balance sheet? BOJ discusses after exiting NIRP
The Bank of Japan has exited negative interest rates. The central bank will also dismantle yield-curve control. The BOJ hasn't raised rates in almost 17 years. The decision marks the end of a global era of cheap money. The Nikkei 225 is up 19% in 24 hours.
Seeking Alpha · 03/19 10:32
Heightened Speculation Of A BOJ Move Tomorrow Did Not Stop The Nikkei From Rallying Or Yen From Slipping
Speculation of a Bank of Japan rate hike has increased. The Nikkei rallied nearly 2.2%, its biggest rally in a month. MSCI Asia Pacific Index rebounded today. The US dollar is trading with a mostly softer bias against the G10 currencies. The notable exceptions are the Japanese yen and Swiss franc.
Seeking Alpha · 03/18 13:35
Weekly Report: what happened at YCL last week (0311-0315)?
Weekly Report · 03/18 11:35
Week Ahead: Central Banks
The dollar rose against all the G10 currencies last week. The week ahead is dominated by central bank meetings. Most central banks are not expected to change policy. There has been a dramatic adjustment to US rates. The two-year yield rose every day last week and is now near 4.73%.
Seeking Alpha · 03/16 12:55
Euro's Recovery Looks Vulnerable And Yen Falls To New Lows For The Week
Seeking Alpha · 03/15 11:10
Strong U.S. Retail Sales May Help Extend The Dollar's Recovery
Seeking Alpha · 03/14 11:05
Consolidation Featured Ahead Of Tomorrow's U.S. Retail Sales And Friday's Japanese Wage News
Dollar consolidates in narrow ranges ahead of tomorrow's U.S. Retail sales report. The yen is softer for the second session despite promising reports on wage negotiations in Japan. Asia Pacific equities were mixed today - Japan, Hong Kong, China, and Indian markets fell. The dollar index is rising for the third day after a six-day fall.
Seeking Alpha · 03/13 11:30
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