EUR/USD 1.16307
0.143%
Gold 4407.16
-0.623%
Oil 90.921
1.667%
USD/JPY 154.464
-1.133%
GBP/USD 1.35400
0.161%
GBP/JPY 209.147
-0.975%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 7, Russian media reported that Russia demanded the closure of the German Consulate General in St. Petersburg, requiring it to cease operations by September 18. Russia also demanded that all Goethe-Instituts within its borders cease operations, and that their staff leave the country by September 13.U.S. Special Envoy for the Middle East, Mr. Witkov: Following President Trumps instructions, U.S. negotiators visited Moscow and Kyiv to advance further dialogue and end the Russia-Ukraine war. In Kyiv, the delegation also met with the national security advisors of the United Kingdom, Germany, and France to discuss pathways for future cooperation. Substantial progress was made by all parties on issues including arranging follow-up trilateral talks.French officials have confirmed that they will provide Ukraine with the SAMP/T air defense system.September 7th - Tonight, the launch of two Xiaomi flagship phones, the Xuanjie O3, signifies that it has officially entered the mass production and commercialization stage. Lei Jun revealed that the Xuanjie O100 and Xuanjie D100 will also be officially commercialized next year, making Xiaomi one of the very few technology companies globally to simultaneously develop mobile SoCs, AI acceleration chips, and intelligent driving chips. Lei Jun stated that in the chip field, Xiaomi is still a latecomer, and todays achievements only mean the beginning. "No matter how many difficulties lie ahead, we firmly believe that as long as we start catching up, we are on the road to victory."September 7th - Tonight, Xiaomi launched its new "mid-folding" flagship, the Xiaomi 18 Fold, a project that took over 20 months to develop. This is Xiaomis most high-end flagship phone to date, and the first time Xiaomi has incorporated a mid-folding design into its flagship series. The Xiaomi 18 Fold is equipped with Xiaomis self-developed O3 AI flagship processor, Xiaomi Surge OS 4, and Xiaomi MiMo on-device model, marking the first time that Xiaomis three self-developed technologies—chip, AI, and OS—have been combined on a single device.

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