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USD/JPY has hit highs above 158.40. I don’t know how effective verbal intervention will be, but Japanese authorities will give it a shot regardless. This article was written by Eamonn Sheridan at www.forexlive.com.

Japan finance minister Kato more to come This article was written by Eamonn Sheridan at www.forexlive.com.

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Officials from: the People’s Bank of China the National Development and Reform Commission of the People’s Republic of China (NDRC) China’s Ministry of Finance Will hold a briefing at 10 am Beijing time on Wednesday, January 8, 2025 0200 GMT 2100 US Eastern time Topics will include: expansion…

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People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows…

Australian November 2024 Building Permits -3.6% m/m expected -1.0%, prior +4.2% +3.2% y/y prior +6.1% Private sector houses fell 1.7% (prior -5.2%), to 9,028, while private sector dwellings excluding houses fell 10.8%, to 5,285. This article was written by Eamonn Sheridan at www.forexlive.com.

Not seeing much news on the yen at all, apart from what has already been posted. There is some news about on Nippon Steel: The firm’s CEO says we believe a fresh review by new CFIUS members under the incoming US administration could lead to a better understanding…

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