Japan spent $36.8 billion in July intervention, official data shows

By Kevin Buckland TOKYO (Reuters) – Japanese authorities spent 5.53 trillion yen ($36.8 billion)intervening in the foreign exchange market this month to pull the yen off 38-year lows, official data…

Morning Bid: BOJ hikes with Fed ahead, Big Tech flubs

A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information…

Dollar slips ahead of Fed decision; yen soars after BOJ hike

Investing.com – The U.S. dollar slipped lower Wednesday ahead of the conclusion of the latest Federal Reserve rate-setting meeting, while the Japanese yen soared after the Bank of Japan tightened…

Oil rebounds on Mideast tensions but China data caps gains

By Florence Tan SINGAPORE (Reuters) – Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah,…

Yen rises sharply after BOJ decision, Ueda’s press conference

By Rae Wee SINGAPORE (Reuters) -The yen swung between gains and losses on Wednesday after the Bank of Japan (BOJ) raised interest rates at the conclusion of its two-day monetary…

Oil rebounds after Hamas leader killed in Iran, but China caps gains

By Florence Tan SINGAPORE (Reuters) – Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah,…

Gold prices rise past $2,400 with Fed, Middle East tensions in focus

Investing.com– Gold prices rose in Asian trade on Wednesday, encouraged by a softer dollar as traders awaited more cues on interest rate cuts from the Federal Reserve. The yellow metal…

Yen choppy after BOJ hikes, Aussie struggles as RBA cuts eyed

By Rae Wee SINGAPORE (Reuters) -The yen swung between gains and losses on Wednesday after the Bank of Japan (BOJ) raised interest rates at the conclusion of its two-day monetary…

Asia FX firms with Fed on tap; Japanese yen volatile after BOJ

Investing.com– Most Asian currencies rose on Wednesday before more cues on interest rate cuts from the Federal Reserve, while the Japanese yen was volatile following mixed signals from the Bank…

Oil rebounds after killing of Hamas leader in Iran, but China caps gains

By Florence Tan SINGAPORE (Reuters) – Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah,…