EUR/USD 1.16426
0.321%
Gold 4565.51
1.271%
Oil 90.033
-5.494%
USD/JPY 158.856
-0.192%
GBP/USD 1.34841
0.332%
GBP/JPY 214.206
0.146%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Global Chip LOF (501225): This fund will be suspended from trading from the opening of the market on the afternoon of May 25, 2026 until the close of the market on the same day. During the suspension period, the redemption business of this fund will continue as usual.Malaysian Economic Minister: Petronas, the Malaysian national oil company, stated that energy supplies can be guaranteed until the end of July.According to the Financial Times, bank lending to British businesses has fallen to its lowest level in nearly 30 years due to sluggish economic growth and tighter regulations on lending institutions, which has particularly weakened the supply of credit to small businesses.On May 25th, it was learned from the Zhengzhou Railway Bureau that at 5:13 AM today (May 25th), the high-speed comprehensive testing train No. 55432 smoothly departed from Shangqiu Station, marking the official start of the full-line integrated testing of the Xiongan-Shangqiu section of the Beijing-Hong Kong High-Speed Railway. This prepares the line for subsequent trial operation and opening. After the Xiongan-Shangqiu section of the Beijing-Hong Kong High-Speed Railway opens, it will form a cross-shaped hub with the east-west Xuzhou-Lanzhou High-Speed Railway at Shangqiu Station. Simultaneously, the line will add a high-speed passenger transport corridor connecting the Beijing-Tianjin-Hebei region to the Central Plains region, further improving the regional high-speed rail network layout.The Federation of Thai Industries reported that Thailands automobile exports fell 8.43% year-on-year in April (compared to a 0.64% decline in March).

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