USD/JPY gains on strengthening US Dollar – BBH
Source Fxstreet
USD/JPY firmed up on USD strength, BBH FX analysts report.
Japan’s record current account surplus boosts JPY
"Japan’s current account surplus widened to ¥2,317bn from ¥1947bn in January to total a record ¥29.1tn in the twelve months to February (4.7% of GDP). Japan’s balance of payments backdrop is JPY supportive especially during periods of heightened risk aversion."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Gold price (XAU/USD) attracts some dip-buyers following the previous day's modest pullback from the record high and trades comfortably above the $3,200 mark during the Asian session on Tuesday.
Ripple Price Prediction: Exchange inflows surge as XRP slides, what comes next?Ripple (XRP) corrected along with other major digital assets, including Bitcoin (BTC) and Ethereum (ETH), and traded at $2.08 at the time of writing on Wednesday. The drawdown cut across the crypto market, causing the total capitalization to drop 3.2% to $2.736 trillion.
Ripple (XRP) corrected along with other major digital assets, including Bitcoin (BTC) and Ethereum (ETH), and traded at $2.08 at the time of writing on Wednesday. The drawdown cut across the crypto market, causing the total capitalization to drop 3.2% to $2.736 trillion.
Gold price buying remains unabated; fresh all-time high and counting amid trade jittersGold price (XAU/USD) scales higher for the second straight day on Wednesday – also marking the fifth day of a positive move in the previous six – and touches a fresh record high, around the $3,283-3,284 area during the Asian session.
Gold price (XAU/USD) scales higher for the second straight day on Wednesday – also marking the fifth day of a positive move in the previous six – and touches a fresh record high, around the $3,283-3,284 area during the Asian session.
EUR/USD is trading around 1.1340 during the Asian hours on Wednesday, rebounding after two consecutive sessions of losses.
AUD/JPY keeps the red below mid-90.00s after mostly upbeat Chinese macro dataThe AUD/JPY cross drifts lower during the Asian session on Wednesday and moves away from over a one-week high, around the 91.40 region touched the previous day. Spot prices stick to negative bias below the mid-90.00s and move little in reaction to mostly upbeat Chinese macro releases.
The AUD/JPY cross drifts lower during the Asian session on Wednesday and moves away from over a one-week high, around the 91.40 region touched the previous day. Spot prices stick to negative bias below the mid-90.00s and move little in reaction to mostly upbeat Chinese macro releases.
Related Instrument
