EUR/USD 1.15987
-0.078%
Gold 4581.86
-0.741%
Oil 59.259
0.228%
USD/JPY 158.072
-0.341%
GBP/USD 1.33796
-0.019%
GBP/JPY 211.500
-0.349%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to the Washington Post, U.S. Department of Defense officials said the Department of Defense has ordered about 1,500 active duty military personnel to prepare for deployment to Minnesota.On January 18th, several members of the European Parliament stated on the 17th that the trade agreement reached between the US and Europe last July would not be approved due to US threats against Greenland. They also called for the use of anti-coercion tools in response to the US tariffs. Manfred Weber, chairman of the European Peoples Party (EPP), the largest group in the European Parliament, said in a statement that escalating tensions between the US and Europe mean the European Parliament will not support the agreement. Given the US threats against Greenland, the party cannot ratify the agreement at this stage, and the zero-tariff measures on relevant US products must be suspended.On January 18th, thousands of Danish residents held a demonstration in Copenhagen, the capital, on the 17th to protest the United States attempt to control Greenland. Some of the demonstrators were from mainland Denmark, while others were from Greenland. Around noon, the march began at Copenhagens City Hall Square and proceeded to the US Embassy in Denmark, about two kilometers away. The demonstrators held signs reading "Greenland Not for Sale" and "Americans, Get Out," chanting slogans to express the Danish peoples united stance against the USs attempt to seize the island.1. Russia says it hopes to resume the prisoner-of-war exchange process between Russia and Ukraine. 2. Zelensky: The Ukrainian delegation has arrived in the United States. 3. Zelensky orders the import of electricity and additional power equipment to be expedited as much as possible. 4. Zelensky: Energy repair work is underway in almost all regions of Ukraine. 5. Russian Ministry of Defense: Russian forces have taken control of Priluki in the Zaporizhzhia region of Ukraine. 6. The Russian Ministry of Defense reports that Russian forces have struck energy and transportation infrastructure used by the Ukrainian army, as well as temporary deployment points of the Ukrainian armed forces and foreign mercenaries.January 18 - As tensions continue in Minneapolis, Minnesotas largest city, Minnesota officials announced on the 17th that the states National Guard was on "standby." That day, pro-immigrant and anti-immigrant groups clashed in downtown Minneapolis.

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