Thursday , 9 January 2025
Home Forex Japanese Yen hangs near multi-month low against USD; seems vulnerable
Forex

Japanese Yen hangs near multi-month low against USD; seems vulnerable

The Japanese Yen (JPY) languishes near a six-month low against its American counterpart and seems vulnerable to prolonging a one-month-old downtrend amid uncertainty about the timing of the next rate hike by the Bank of Japan (BoJ).

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

HSBC upgraded Hong Kong stock outlook to Overweight, raised its Hang Seng year-end target

HSBC Global Research has upgraded its outlook for Hong Kong stocks to...

JPY remains supported after Japan base salaries saw their largest increase in 32 years

Japanese workers' base salaries saw their largest increase in 32 years, Japan...

China December CPI +0.1% y/y (expected +0.1%, prior +0.2%)

Consumer and producer inflation data from China for December 2024PPI remains in...

US dockworkers reach deal to avert port strike

The International Longshoremen's Association and the United States Maritime Alliance (USMX), which...