Japanese Yen Outlook: Yen Weakens as BOJ Holds Rates
USDJPY has had a strong rally since hitting annual lows just under the 140 level towards the end of last month and is now over 4% higher. Much of this move can be attributed to some strong unwinding of haven flows that pushed Yen higher against the dollar and on the crosses on the back […]
Daily Macro markets update 02/05/2025
Market Report. 📉 Beijing has stated that it is “evaluating” an offer from Washington to hold talks over U.S. President Donald Trump’s crippling 145% tariffs on Chinese goods. This signals a potential de-escalation in the ongoing trade war between the U.S. and China that has roiled global markets. China’s Commerce Ministry said the U.S. has […]
