USD/JPY retreats below 147.50 as the Bank of Japan continues its loose monetary policy.
Blogs
DXY may stabilise slightly below 103.00 once the China-led risk rally has settled – ING
The Dollar is softer and pro-cyclical currencies are following the Yuan higher after news that China is preparing a CNY 2tn rescue package for the stock market.
USD/JPY could fall a bit lower to 147.00 – ING
The Japanese Yen (JPY) is experiencing a rebound following the Bank of Japan (BoJ) policy announcement.
Gold price trims a part of its intraday gains amid a fresh leg up in US bond yields
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Tuesday and recovers a major part of the overnight modest losses.
NZD/USD will not get hit hard as the RBNZ pivots to a more dovish stance – ING
New Zealand’s Fourth quarter inflation figures will be released on Tuesday, January 23 at 21:45 GMT.
USD/MXN stretches higher to near 17.22 as US bond yields improve
USD/MXN extends its gains and trades around 17.22 during the European trading hours on Tuesday.
Silver Price Analysis: XAG/USD moves away from over two-month low, not out of the woods yet
Silver (XAG/USD) attracts some buyers on Tuesday and for now, seems to have snapped a two-day losing streak to sub-$22.00 levels, or its lowest level since November 13 touched the previous day.
FX option expiries for January 23 NY cut
FX option expiries for January 23 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
Japanese Yen unlikely to strengthen on a more sustained basis at the current juncture – MUFG
The Japanese Yen (JPY) has strengthened after today’s BoJ policy meeting resulting in USD/JPY falling back towards the 147.00 level.
NZD/USD hovers around 0.6100 as US Treasury yields decline, awaits New Zealand CPI data
NZD/USD recovers its recent losses and trades around 0.6100 during the early European session on Tuesday.