Tatsuo Yamasaki, a former high-ranking Japanese currency official, recently told Reuters in an interview that he expects the yen will not weaken significantly from the current level of 150 to the U.S. dollar and is likely to regain strength next year.

Treasury secretary Janet Yellen said rates might have to rise to cool an overheating economy. Shock, horror. Did no one give her Powell’s script?

The Japanese yen fell to multi-year lows against both the dollar and the euro on Tuesday, prompting investors to closely monitor potential intervention as the Bank of Japan's meeting approaches later this week.

USDJPY hit 11-month highs in trading on Tuesday, with yen forecasts saying the Bank of Japan may soon intervene to end yen weakness.

EU markets open lower as UK reports a 40-year high inflation UK reported on Wednesday morning that its inflation, which as of April 2022 stands at 9%, is at the highest levels since 1989. This saw a bearish trend in markets as European stocks opened lower on Wednesday morning. London’s FTSE 100 futures were perhaps […]