MNI BRIEF: BOJ Wants More Wage Data, US Econ Outlook – Ueda

MNI: GERMANY GFK JANUARY CONSUMER CLIMATE -21.3

MNI BRIEF: BOJ To Manage Policy To Achieve 2% Target

MNI: PBOC Net Injects CNY14.5 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1911 Thurs; -2.12% Y/Y

CORRECTS-MNI INTERVIEW: CBRT To Cut 2-3 Times By Feb-Cangoz

MNI: FRANCE DEC MANUF SENTIMENT AT 97

US EIA: CRUDE OIL STOCKS EX SPR -0.93M TO 421.0M DEC 13 WK

MNI: US NOV HOUSING STARTS 1.289M; PERMITS 1.505M

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

The Yen continues to plummet

CROSS ASSET
EquitiesStoryMarketsFixed Income BulletsForeign Exchange Bullets
  • The Yen continues to plummet in early trade, Yesterday saw close to a 100 pips spike on the FOMC in USDJPY as the US 10 Year Yield rose through 4.50%, following their hawkish tilt as Powell signalled that inflation concerns were back at the forefront.
  • The BoJ's UEDA reiterates that that they will be Data dependent and that the Picture on Wages and Trump Policies will take time to ascertain.
  • USDJPY is back above 156.00, but next resistance is seen further out, up to 156.75, the November high.
86 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • The Yen continues to plummet in early trade, Yesterday saw close to a 100 pips spike on the FOMC in USDJPY as the US 10 Year Yield rose through 4.50%, following their hawkish tilt as Powell signalled that inflation concerns were back at the forefront.
  • The BoJ's UEDA reiterates that that they will be Data dependent and that the Picture on Wages and Trump Policies will take time to ascertain.
  • USDJPY is back above 156.00, but next resistance is seen further out, up to 156.75, the November high.