Europe FX

Key Takeaways: 💵 Dollar gained ahead of Fed meeting 🇯🇵 Yen retreated after suspected intervention 🇪🇺 EUR/USD struggled to make ground against the strong dollar 🛒 German retail sales rose more than expected in March 💶 Eurozone inflation and growth data awaited 🇬🇧 GBP/USD fell due to dollar strength 🇨🇳 USD/JPY rose with yen weakened … Read more

Key Takeaways: 💰 Yen fell against the dollar on Tuesday 📉 Currency off its 34-year low after intervention 🇯🇵 Japanese authorities may not be targeting specific levels 🏦 Investors expect Japanese bonds to remain low 📈 Fed expected to hold rates, likely to have a hawkish message 💵 Dollar rose against a basket of currencies … Read more

Key Takeaways: 💹 Yen struggles to maintain gains against the dollar after suspected intervention 📉 Yen still below pre-BOJ policy announcement levels despite recent rebound 🏛️ Market expectations of Fed maintaining rates at 5.25%-5.5% with potential hawkish message 📉 Lower yen expected due to potential Fed message leading to possible MOF intervention 🌐 Divergent economic … Read more

Key Takeaways 💰 TON coin has surged in value due to integration with Telegram 📈 TON token reached $7.63 in April 2022, much higher than previous values 📱 "Super app" concept integrating payments, social media, and shopping is driving interest 🌐 TON wallet within Telegram has over 6 million monthly users 🚫 Facebook’s Libra project … Read more

Key Takeaways: 💵 Most Asian currencies fell as traders leaned towards the dollar due to anticipation of a Federal Reserve meeting 📈 Dollar index and futures rose about 0.3% in anticipation of the Fed meeting 🌏 Fears of higher U.S. rates led to the dollar on course for a 1.3% gain in April 🔺 USDJPY … Read more

Currency Market Updates: 💹 Japan’s yen saw a sudden jump on Monday due to intervention from authorities 📉 Yen’s value against the dollar dropped nearly 11% this year and 35% over the last three decades 🔄 Yen has been weak against multiple currencies over the last four years 📈 Weak yen has positively impacted Japan’s … Read more

Key Takeaways: 💹 The yen surged against the dollar due to suspected intervention by Japanese authorities 📉 The dollar dropped to 154.40 yen from 160.245 earlier in the day 🌐 Some traders hoped the Bank of Japan would taper purchases to slow down the yen’s decline, but it did not 📈 Currency traders believe Japanese … Read more

Key Takeaways 💰 Increased use of digital currencies in Venezuela due to U.S. sanctions 🛡️ Need for greater scrutiny by regulators and law enforcement 🌎 Digital transactions rapidly growing in developing regions 🔍 Efforts to combat money laundering and illicit proceeds 🌐 U.S. administration pushing for increased regulation in cryptocurrency transactions 💡 Experts and politicians … Read more

Key Takeaways: 💵 The yen surged against the dollar on suspected intervention by Japanese authorities 📉 The dollar fell to 154.40 yen from 160.245, last trading at 156.80 yen 📈 A weaker yen benefits Japanese exporters but poses challenges for policymakers 🏦 Japanese banks were seen selling dollars for yen 🔒 Tokyo is concerned about … Read more

Key Takeaways 💹 Yen jumped against the dollar due to suspected intervention by Japanese authorities 📉 Yen fell sharply from 160.245 to 156.55 against the dollar 🏦 Japanese banks were observed selling dollars for yen 📊 Japan intervened in the currency market three times in 2022 🌐 U.S., Japan, and South Korea to consult closely … Read more