Asia FX mixed: yen up on strong Tokyo CPI; Aussie dlr slips on RBA rate-hold bets

Asia FX mixed: yen up on strong Tokyo CPI; Aussie dlr slips on RBA rate-hold bets
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Asia FX mixed: yen up on strong Tokyo CPI; Aussie dlr slips on RBA rate-hold bets
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I’m on board with the reversal in markets today. I think there is something of a news overload that the market is dealing with. Obviously, there were parts of the market that didn’t like what Powell said yesterday but it shouldn’t have been a surprise. If anything, the dots should matter and they still show…
USD/JPY recovered to 148.76 last week and fell notably from there. Initial bias is turned neutral this week first. On the downside, firm break of 146.20 will resume the fall from 150.90. Also, that would argue that rebound from 139.87 has completed as a corrective move to 150.90. Deeper fall should be seen to 142.667…
The GBP/USD weekly forecast remains mildly bullish as the US dollar weakens on a continued US government shutdown. The central bank is likely to move towards further easing, while the Fed stays data-dependent. Traders await GBP manufacturing and average earnings reports, along with the US consumer price index and retail sales the next week. The…
USD/CAD weakens to around 1.3950 in Tuesday’s early Asian session. Moody’s downgrades the US credit rating to ‘AA1’, weighing on the US Dollar. A dovish turn from the BoC has fueled speculation of a June rate cut. The USD/CAD pair softens to near 1.3950 during the early Asian session on Tuesday. The Greenback edges lower…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
Dow Jones–28.01.2026 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link