USD/JPY: Intervention risk could increase in January, BofA says

USD/JPY: Intervention risk could increase in January, BofA says
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USD/JPY: Intervention risk could increase in January, BofA says
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AstroPay said Thursday that it has secured a Payment Institution (PI) license from the Central Bank of Brazil, strengthening its presence in the country’s digital financial sector. The license allows AstroPay to expand its multicurrency wallet services, offering cross-border transactions for both local and international users. With the regulatory approval, AstroPay said it aims to…
Prior -92K (revised to -133K) Two-month net revision -7K January was +126K (revised to +160K). December was -141K Unemployment rate 4.3% vs 4.4% expected. Prior unemployment rate 4.4%. Unrounded unemployment 4.256%% vs 4.441% prior Participation rate 61.9% vs 62.0% prior U6 underemployment rate 8.0% vs 7.9% prior Average hourly earnings +0.2% m/m vs +0.3% expected…
The Japanese yen has shown a notable strengthening, with the USD/JPY pair dropping to 143.99 on Monday, marking a three-week low. This movement is primarily driven by the weakness of the US dollar and significant remarks from the Bank of Japan (BOJ) and the US Federal Reserve. Market dynamics and Central Bank signals The recent…
At the end of the week, the US dollar is hovering around an eight-week low against the euro, but trading activity remains subdued. Everyone is conserving energy ahead of this evening’s May employment data from the US. These reports are expected to provide more insight into the timing of the Federal Reserve’s monetary policy easing….