USDJPY USD/JPY
- 152.935
- -0.713-0.46%
USD/JPY News
Straight to Omaha | Alger Asset Management Amy Zhang: The Federal Reserve is likely to cut interest rates at least once this year
Sina Finance News The Berkshire Hathaway Shareholders' Meeting, which global investors are concerned about, was held in Omaha, Nebraska. Sina Finance spoke with Amy Zhang (Amy Zhang), Executive Vice President of Alger Asset Management, at the shareholders' meeting. Amy Zhang told Sina Finance in an interview that the Palestinian heritage plan was a special success. He has done a lot of planning and preparation, so he should be able to make a smooth transition. In addition, she said that Friday's non-farm payrolls data is very good for the market, because wage growth is weaker than expected amid inflation. This is a big plus. This year is very beneficial.
Yellen declined to comment on whether Japan interfered with the yen exchange rate
US Treasury Secretary Janet Yellen acknowledged sharp fluctuations in the yen exchange rate, but she declined to say whether Japan intervened. “I'm not going to comment on whether they interfered,” Yellen told reporters after her speech in Mesa, Arizona on Saturday. “I think that's a rumor.” The Japanese authorities seem to have supported the yen twice last week. One was after the yen fell below 1 dollar to 160 yen for the first time in 34 years, and the other was after Federal Reserve Chairman Jerome Powell said that raising interest rates was unlikely to be the Fed's next interest rate move.
Chicago Federal Reserve Chairman: There is no sign that the economy is overheating and we are still waiting for more inflation data
Chicago Federal Reserve Chairman Goulsby said Friday's employment report would make him feel that the economy showed no signs of overheating
US economic reports are now divided, and market bearers are being hit
Wall Street traders experienced another week of conflicting economic signals and painful lessons in the face of the data-dependent Federal Reserve
The Federal Reserve's hawk pigeon “shared”, Bowman: High inflation will continue for some time, Goulsby: We need more employment reports like Friday
Federal Reserve Governor Bowman said that as the Federal Reserve maintains high interest rates, inflation will eventually fall, but he is willing to raise interest rates if future data shows that the progress of the decline in inflation has stagnated or been reversed. Chicago Federal Reserve Chairman Goulsby said that he is waiting for more data to determine whether inflation will fall to the target. The non-farm payrolls report is steady this Friday. The more such reports there are, the more assured he is that the economy is not overheating and that inflation has not rebounded.
USD/JPY Now a Sell Rallies Trade, Spectra Markets' Brent Donnelly Says
USD/JPY Forecast – US Dollar Continues to See Downward Pressure
The US unexpectedly “blew up” in April, and expectations of interest rate cuts were once again rekindled!
US employers cut their recruitment scale in April, and the unemployment rate unexpectedly rose, indicating that the labor market is cooling down after experiencing strong growth at the beginning of the year.
US Dollar Slides After Payrolls, Hourly Earnings and Unemployment Miss Expectations
The US dollar fell heavily against all major trade partner currencies in early North American trade on Friday after the non-farm payrolls, hourly earnings and unemployment figures all missed expectati
The increase in non-farm payrolls in the US fell short of expectations by 175,000 in April. The unemployment rate rose, and wage growth slowed
The increase in the US non-farm payrolls in April fell significantly short of expectations. It was the smallest increase in six months. The unemployment rate unexpectedly rose to 3.9%, and the wage increase was 3.9% year on year, lower than expected and previous values, which is conducive to cooling down inflation. After the data was released, traders' expectations for the Fed to cut interest rates for the first time were brought forward from November to September.
Express News | US April Non-Farm Payrolls 175K Vs 238K Forecast, Prior 315K
Strong return of yen: safe haven or risk trap for investors?
Amid the tense atmosphere in the global foreign exchange market, the strong return of the yen became a key event. The Japanese authorities' intervention not only successfully prevented large-scale shorting of the yen by the market, but also triggered a series of market reactions. This article will explore in depth the strategy and impact of Japan's intervention in the foreign exchange market, and possible future trends in the yen exchange rate.
USD/JPY Could Return to 160; BOJ Should Stop Balance-Sheet Expansion, BlueBay Says -- Market Talk
0933 GMT - USD/JPY could still rise back up to 160, once Japanese intervention ends, should the U.S. economy remain upbeat, Mark Dowding, chief investment officer of BlueBay, RBC BlueBay Asset Managem
After the Fed's decision and before the non-agricultural sector, the market expects interest rate cuts until November
After the Federal Reserve meeting, the market brought forward interest rate cuts by one month to November. At the FOMC meeting on Wednesday, Federal Reserve Chairman Powell unexpectedly sent a dovish signal, saying that the next interest rate move “cannot be a rate hike.” The market is beginning to interpret this as once economic data provides clear evidence that inflation is falling, interest rate cuts can be expected. According to further analysts, Powell's confidence may stem from the fact that he has probably already previewed the non-farm payrolls data to be released on Friday, so he believes that interest rates have peaked, and interest rates may be cut even if inflation continues to stick slightly. Market pricing shows that expectations for when the Federal Reserve first cut interest rates are already ahead of schedule
Asian Currencies' Recovery Only Likely Once Rate Cuts Begin
Asian currencies will likely remain under pressure versus USD in 2Q, UOB FX strategists write in a note.
Sentiment Analysis & Outlook: Gold at Risk of Correction, EUR/USD & USD/JPY Mixed
Options traders don't believe Powell still predicts the possibility that the Fed will raise interest rates before the end of the year
After Federal Reserve Chairman Powell said rate hikes were “unlikely,” options traders are still predicting the possibility that the central bank may raise borrowing costs before the end of this year
Inflation is hanging again! Productivity growth slowed, and the increase in labor costs in the US in the first quarter was the biggest in a year
Data from the US Bureau of Labor Statistics on Thursday showed that due to a slowdown in productivity growth, the increase in labor costs in the first quarter of the year was the biggest in the first quarter. This means that after a significant slowdown in growth in this indicator in the second half of 2023, there was a sharp jump, which may increase the risk that US inflation will continue to be high. According to specific data, the initial value of labor costs for non-farm units in the US in the first quarter was 4.7%, which was much higher than the expected 3.6%. The previous value was only 0.4%. The unit labor cost, that is, the cost an enterprise pays an employee to produce a unit of output after taking into account changes in productivity, is rising at an annual rate of 4.7%.
USD/JPY Shows as Most-Traded Currency Pair on FOMC Day, Goldman Sachs Data Reveals
USD/JPY was the most-traded currency pair on the interbank market on Wednesday when this week's second suspected intervention took place following the US Federal Reserve's May monetary policy press co
USD/JPY Forecast – US Dollar Continues to Bounce Around Against Yen