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The Japanese Yen keeps sliding after the Bank of Japan's split vote
Japan's markets are shut from Monday to Wednesday for national holidays, which is when a government that wants to move its currency gets the most for its money. USD/JPY is higher for a fifth session in six and is trading just below 157.50.
NZD/USD Price Forecast: Bears lean on 0.5700 as RSI sinks
The New Zealand Dollar extends its losses for the second straight trading session, down 0.13% after last weekâs Fed rate hike and a hawkish tilt within the board, which was reinforced by speeches of Fed officials on Monday. The NZD/USD trades at 0.5717.
The British Pound slips again as bets on an October Fed hike build
GBP/USD has stalled at 1.3400 in each of the last three sessions, and it trades just under that level again on Monday. The Dollar is up against most major currencies, so this is more a Dollar move than a Pound one.
New Zealand Westpac Consumer Survey climbed from previous 80.4 to 89.5 in 3Q
New Zealand Westpac Consumer Survey climbed from previous 80.4 to 89.5 in 3Q
Singapore Dollar: Labour slack limits MAS tightening risk â UOB
UOBâs Jester Koh assesses Singaporeâs soft labour market and its implications for Monetary Authority of Singapore policy. The Labour Market Pressure Index shows rising slack, which UOB links to weaker passthrough of supply-side shocks into inflation.
Indonesian Rupiah: Policy continuity offsets but cannot erase external headwinds â OCBC
OCBCâs Christopher Wong notes that Indonesiaâs appointment of Finance Minister Suahasil Nazara signals fiscal continuity and discipline, helping to reduce domestic risk premia for the Rupiah.
Singapore Dollar: Inflation keeps MAS tightening risk alive - Commerzbank
Commerzbankâs Henry Hao and Moses Lim highlight that Singaporeâs August NODX growth was the strongest since 1998, driven by surging electronics and robust AI-related demand. They expect NODX to stay firm but moderate as base effects fade.
AUD/USD Price Forecast: Upside bias intact despite mixed momentum
AUD/USD reverses its earlier gains on Monday as a broadly firmer US Dollar (USD) and hawkish Federal Reserve (Fed) expectations cap the upside.
South Korean Won: High-beta KRW needs foreign inflows â OCBC
OCBCâs Christopher Wong comments that USD/KRW eased as Korean equities rebounded and foreign investors briefly turned net buyers, but warns this may not mark a lasting shift.
BoCâs Macklem sees inflation drifting higher as uncertainty lingers
The Bank of Canada Governor, Tiff Macklem, said that he expects inflation to âdrift up a little higher in the coming months,â and commented that âa new era of uncertainty is not going away any time soon,â as he spoke in Halifax.
British Pound loses grip as Fed hawks stay in charge
The Pound Sterling (GBP) retreats by some 0.17% on Monday as the US Dollar (USD) trades in the green following last weekâs Federal Reserve (Fed) rate hike, which widened the interest rate differential between the US and the UK, while still-high energy prices put pressure on major central banks to ra
BoCâs Macklem: Rate decisions must look beyond initial Oil shock
Bank of Canada (BoC) Governor Tiff Macklem, speaking in Halifax, Nova Scotia, on Monday, offered a cautious assessment of the economy as higher energy prices and US tariffs create competing risks for inflation and growth.
Japanese Yen: Intervention risk high as 160 seen possible against US Dollar â ING
INGâs Francesco Pesole notes that a reported Bank of Japan rate check briefly pushed USD/JPY below 157.0 and suggests authorities may focus on the pace of moves rather than a specific level.