EUR/USD 1.17860
0.034%
Gold 4796.15
0.113%
Oil 89.581
-0.049%
USD/JPY 159.029
-0.070%
GBP/USD 1.35342
0.058%
GBP/JPY 215.237
-0.002%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
1. Ukraine reports attacks on energy infrastructure, causing power outages in multiple areas. 2. TASS reports that Russia claims an oil tanker was attacked in its waters. 3. Ukrainian media reports that in a recent airstrike, a Russian drone dropped anti-Trump leaflets into Ukraine. 4. Ukraines Minister of Infrastructure reports that Russia has launched over 600 attacks on Ukrainian railway logistics this year, including 65 in April. 5. A Ukrainian drone commander reports that the Ukrainian military attacked Russian oil facilities in Crimea and port infrastructure in Tuapse. 6. A local governor stated that a Russian drone struck a civilian vessel flying the Nauru flag in the Odessa region of Ukraine, but the vessel continued on its original course. 7. The Russian Ministry of Defense reports that in the past 24 hours, the Russian military launched a large-scale attack using land-based, air-based, and sea-based long-range high-precision weapons and attack drones against Ukrainian defense industrial complex facilities used for the production of cruise missiles and medium-to-long-range drones, as well as fuel and energy complex facilities serving the Ukrainian military.According to SEC filings, Netflixs co-CEOs will receive a total compensation of $53.2 million in 2025.The statement indicates that the G7 finance ministers discussed the need to maintain pressure on Russia to prevent the Middle East crisis from benefiting its war efforts.According to SEC filings, Meta will hold its annual online meeting on May 27.Alcoa (AA.N) reported first-quarter revenue of $3.19 billion, below market expectations of $3.27 billion.

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