EUR/USD 1.17475
-0.001%
Gold 4737.54
0.996%
Oil 91.880
-1.562%
USD/JPY 156.283
-0.064%
GBP/USD 1.35996
0.053%
GBP/JPY 212.545
0.012%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
May 7th - According to TrendForces latest research on the wafer foundry industry, the global mature process technology is facing a shift in supply and demand. Since the second half of 2025, TSMC and Samsung, the two major wafer foundries, have reduced their 8-inch capacity. Coupled with the continued growth in demand for power management and power from AI servers and other applications, the average 8-inch capacity utilization rate of the worlds top ten wafer foundries has rebounded to nearly 90% by 2026. Not only have 8-inch capacity utilization and foundry prices stopped falling and rebounded, but 12-inch mature processes are also expected to see order transfers due to TSMCs planned production cuts. Although there is currently no supply shortage for 12-inch mature processes, the spillover effect of TSMCs orders in the medium to long term cannot be ruled out, which could prompt Tier 2 wafer foundries to again signal price increases to customers in the second half of 2026.Shell announced a $3 billion share buyback program, which is expected to be completed in the second quarter of 2026.Haber Energy: We achieved an oil price of $79 per barrel and a European gas price of $14.7 per thousand cubic feet in the first quarter.Germanys manufacturing orders, adjusted for working days, rose 6.3% year-on-year in March, compared with 3.50% in the previous month.Germanys seasonally adjusted manufacturing orders rose 5% month-on-month in March, below the expected 1.00% and the previous reading of 0.90%.

The AUD/JPY exchange rate fluctuates below 90.00 as investors await BoJ action

Alina Haynes

Jan 18, 2023 15:03

 AUD:JPY.png

 

In the early Asian session, the AUD/JPY currency pair is bouncing violently in a narrow range below the resistance level of 90.00. Before the Bank of Japan introduces its first monetary policy of CY2023, the risk barometer indicates a sideways auction (BoJ). The AUD/JPY exchange rate reflects the consolidation of the AUD/USD, indicating an uncertain risk profile.

 

Investors anticipate that the Bank of Japan (BoJ) will not alter its policy stance on Friday, as doing so would increase financial market risk and hinder efforts to boost inflation. Previously, the Bank of Japan (BoJ) announced that the central bank will review the negative side effects of the decade-long ultra-loose monetary policy, generating the impression that the central bank is eager to abandon the easy policy.

 

The experts at Standard Charted expect the Bank of Japan to hold both the policy balance rate and the 10-year yield goal at their present levels of -0.1% and 0%, respectively. The recent decision to expand the 10-year JGB band to +/-50 bps (from +/-25 bps) will be evaluated by policymakers at the December meeting.

 

The replacement of current Governor of the Bank of Japan Haruhiko Kuroda will be widely followed. The next BoJ governor nominee is anticipated to be presented to the Japanese parliament on February 10, Reuters reported on Tuesday. Amamiya, Nakaso, and Yamaguchi are regarded as leading C.banking candidates.

 

Thursday is the expected publication date for Australian employment statistics, which investors are monitoring. The Unemployment Rate is expected to remain constant at 3.4%, according to the majority of economists. Aside from this, the Australian economy must have added 22,500 new jobs to the labor market in December, a down from the prior rises of 64K.

Suggestion