Japanese Yen consolidates near 40-year low vs USD after Tokyo CPI, amid intervention risks.Japanese Yen consolidates near 40-year low vs USD after Tokyo CPI, amid intervention risks
Yen wobbles near 40-year low as dollar pauses for breath.The yen tottered near its weakest level against the dollar in 40 years early in Asia on Friday as traders reined in bets for Federal Reserve rate hikes after U.S. inflation met forecasts and central bank officials sent mixed signals about the policy path ahead.
Always-on won: dealers fret about risks in landmark shift to 24-hour trading.Over an 18-year career trading currencies in Seoul, Namkoong Taehun was on the front lines of the collapse of Lehman Brothers, the post-Brexit plunge in the pound, and the won's dramatic tailspin after South Korea's 2024 martial law decree.
Australia National Australia Bank's Business Confidence (QoQ) dipped from previous -4 to -19 in 2Q.Australia National Australia Bank's Business Confidence (QoQ) dipped from previous -4 to -19 in 2Q