The Bank of Japan is suspected of “taking action” again to save the yen Kazuo Ueda suggests interest rate hikes

Bank of Japan Governor Kazuo Ueda strengthened his rhetoric about the weak yen one day after meeting with Prime Minister Fumio Kishida.

Zhitong Finance02:05 ET

Japan's Suzuki: Rapid FX Moves Are Undesirable

Japanese Finance Minister Shunichi Suzuki said on Wednesday that rapid foreign exchange (FX) movements are undesirable. However, Suzuki declined to comment on whether the US has agreed on Japan's FX intervention.

FXStreet00:29 ET

Rental costs are soaring! Major central banks face stubborn obstacles to curbing inflation

In the US, the UK, Canada, and Australia, rapidly rising housing costs — which weigh heavily in the consumer price index basket — are preventing inflation from falling back to the central bank's target level.

Zhitong Finance23:22 ET

Canadian Dollar Skittish on Tuesday Despite Improving Ivey PMI

Canadian Dollar easing but sticking to midrange

FXStreetMay 7 11:48 ET

Canada Dollar to Suffer From 'Relentless Decay' in Country's Competitiveness -- Market Talk

Economist David Rosenberg says the Canadian dollar is in a bear market, weakened by what he describes as a "relentless decay" in the economy's competitiveness relative to the U.S. In his morning note to clients, the head of Rosenberg Research says Canada might need a weaker CAD to help stem the tide of net direct investment outflows, totaling C$400 billion since 2014.

WSJMay 7 08:21 ET

The Japanese authorities have a tough warning: intervention in the foreign exchange market is necessary to support the yen

Japan may have to act against the disorder and speculation-driven fluctuations in the foreign exchange market, which reinforces the market's expectations that the Japanese authorities are ready to intervene again in the foreign exchange market to support the yen.

Zhitong FinanceMay 7 08:16 ET