JPMorgan says $103 billion yen short could spark deeper slide in USD/JPY
JPMorgan warns a $103 billion yen short bet could accelerate USD/JPY losses below 155, though it doubts the rally will go much further.
JPMorgan warns a $103 billion yen short bet could accelerate USD/JPY losses below 155, though it doubts the rally will go much further.
Waller signaled no hurry to raise rates; yen jumped on suspected intervention.
Fed's Waller hints at rate hold on disinflation; stocks rise, yields and dollar fall as markets react.
Global bond yields retreat from highs, with focus shifting to US non-farm payrolls data due Friday.
USD/JPY fell nearly 1% dropping back below 158 as yen strengthens on BOJ rate hike expectations and yield pullback.
USD/JPY falls below 157.70 as hawkish BOJ comments and less hawkish Fed outlook weaken dollar, with geopolitics and payrolls in focus.
USDJPY fell below the 200-hour moving average but recovered above the 100-day moving average, highlighting key technical levels.
Sellers pushed USDJPY under the 200-hour moving average, but the pair bounced back above the 100-day moving average as momentum faded.
Global bond yields rose to multi-year highs, keeping European markets on edge. Equities fell, while USD/JPY pulled back from 160.40.
USD/JPY fell to 159.60 after earlier reaching 160.40, its highest since 31 July, raising questions about possible Tokyo rate checks.
BOJ Governor Ueda did not push back on market expectations for a September rate hike, while Finance Minister Katayama highlighted G20 discussions on debt andβ¦
ECB's Nagel said the global economy remains on a growth trajectory despite Middle East tensions and welcomed coordinated JPY intervention.
Bessent hints Japan must act after US intervention help, pushing BOJ and Takaichi on policy.
Oil prices stayed elevated after US-Iran tensions; Asia-Pacific equities were mixed as manufacturing PMIs highlighted varying trends.
Japan and the US reaffirm cooperation on orderly yen moves at G20, but Tokyo avoids defining what orderly means.