GOOGLE NEWSg10 fx
Japanese Yen: Softer jobs data supports yen – Commerzbank - FXStreet
Commerzbank
Read full speech on news.google.comFrom the original
Japanese Yen: Softer jobs data supports yen – Commerzbank FXStreet
Related speeches
4 itemsGOOGLE NEWS · USD/JPY
Japanese Yen: Data and BoJ Tankan to guide policy – Deutsche Bank - FXStreet
ING THINK
FX Daily: High alert on JPY intervention
The desk believes the recent softer US jobs data signals a potential stabilization in the dollar, but the risk of Japanese yen (JPY) intervention remains elevated. Per the full note from ing-think, this risk is exacerbated by thinning liquidity around US holidays, which could lead to immediate intervention actions by the Bank of Japan (BoJ). While the jobs report indicates a hiring slowdown, analysts still price in expectations of at least one Federal Reserve rate hike, maintaining a cautious bullish stance on the USD. However, the potential for JPY intervention adds significant complexity to the USD/JPY outlook, which currently sits around 159.2300.
MUFG EMEAMUFG EMEA
More from GOOGLE NEWS
5 items- GOOGLE NEWS
Chinese Yuan: PMI resilience but trade risks grow – Commerzbank - FXStreet
- GOOGLE NEWS
US Dollar Under Pressure as Softer Jobs Data and Cooling Inflation Reshape Rate Outlook: Commerzbank - CryptoRank
- GOOGLE NEWS
No cheap oil soon; Brent to stay high through 2026, says Commerzbank - MSN
- GOOGLE NEWS