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  • Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays

    Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays0

    Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight ahead of a demand-heavy holiday season, although caution ahead of key economic readings kept gains limited. Data on Wednesday showed that U.S. crude inventories shrank far more than expected in the previous week, with decreases

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  • Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips

    Asia FX Weakens as Dollar Steadies from BOJ Shock, Yen Slips0

    Most Asian currencies fell on Wednesday as the dollar steadied from a sharp tumble against the yen, while the Japanese currency retreated slightly from a four-month high as markets digested a surprise policy shift by the Bank of Japan. The yen fell 0.3% to 132.06 against the dollar, after rallying over 3% in the prior

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  • Japanese Yen Rallies to 4-month High on BoJ Policy Tweak, Asia FX Slips

    Japanese Yen Rallies to 4-month High on BoJ Policy Tweak, Asia FX Slips0

    Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese yen rallied past its peers after the Bank of Japan tweaked its ultra-dovish policy, drumming up hopes for an eventual pivot. The yen jumped 2.7% to 133.14 – its strongest level against the dollar in four months. The

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  • Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot

    Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot0

    Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed on sentiment, while the Japanese yen gained on bets that the Bank of Japan (BoJ) could eventually tighten policy amid rising inflationary pressures. The yen rose 0.4% to 136.18 against the dollar after a report

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