- Analytics
- News and Tools
- Market News
- Foreign exchange market. Asian session
Foreign exchange market. Asian session
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
03:40 Japan BOJ Governor Haruhiko Kuroda Speaks
The dollar was slightly higher against the yen in Asia trade Friday, an indication that investors were avoiding leaning too much toward the downside ahead of the release of economic indicators in the U.S. In currency flows related to trade settlements early in the session, dollar buying from importers appeared to exceed selling, helping send the greenback to as high as Y119.50, but some of the gains were given back as trade become directionless.
Market participants shrugged off midday comments by Bank of Japan Gov. Haruhiko Kuroda that there was no need for the central bank to take any additional easing steps now. The BOJ is widely seen standing pat at its policy setting meeting next week, while a raft of downbeat economic indicators in the U.S. make it increasingly unlikely that the Federal Reserve will raise rates in June.
EUR/USD: during the Asian session, the pair was trading in the $1.1390-15
GBP/USD: during the Asian session, the pair was trading in the $1.5755-80
USD/JPY: during the Asian session the pair rose to Y119.50
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
