Asia FX verbal intervention feedback – not on the yen! (South Korea)


The South Korean finance minister says will swiftly reply to any extreme foreign exchange market volatilities.

I am guessing we’ll hear some kind of related feedback out of Japan at the moment given the stoop within the yen:

  • Japan’s ruling coalition misplaced its majority in an election – yen decrease to open the week

Earlier:

  • USD/JPY is above 153 on the Japanese election outcome – yen plunge
  • Monday morning open ranges – indicative foreign exchange costs – 28 October 2024 – YEN slammed decrease

USD/JPY replace:

This text was written by Eamonn Sheridan at www.forexlive.com.



Source link

Related articles

Tariffs Are Beginning To Take A Toll

This text was written byObserveLawrence Fuller has been managing portfolios for particular person traders for 30 years, beginning his profession at Merrill Lynch in 1993 and dealing in the identical capability with a...

Greenback provides again a bit of its positive aspects from the day earlier than

The greenback is down throughout the board at the moment, giving again a bit of the positive aspects from after the US PPI knowledge yesterday. EUR/USD is again up by 0.3% to 1.1680,...

Oil sands producers discover methods elevate output, cut back capex

Picture: Canadian Pure Sources (Bloomberg) -- Canadian oil sands firms have discovered a solution...

Intel shares bounce after report says Trump administration taking a look at stake | Intel

Shares in Intel have jumped 7.4% after it was reported that the Trump administration is contemplating taking a stake within the struggling US chipmaker.The potential funding, which might be paid for by the...

Welch Candlesticks V2 MT4 Indicator

The Welch Candlesticks V2 MT4 Indicator replaces customary chart...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com