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Japanese Yen weakens as Bank of Japan holds rates at 1%

USD/JPY rises after two days of losses, trading around 160.80 during the Asian hours on Friday. The currency pair continues to appreciate as the Japanese Yen (JPY) weakens following the Bank of Japan’s (BoJ) decision to…

Finance

Euro: Upside risks after sharp Dollar shift – ING

ING’s Francesco Pesole writes that EUR/USD broke above 1.150 as broad Dollar weakness persisted, even as the Euro underperformed some G10 peers despite stronger Eurozone data. With Eurozone CPI in focus and a September …

Finance

Why is Z.AI stock surging today?

Welcome back to Asia Tech Review, your curated digest to keep up to date with tech news across Asia.

Finance

Oil: Key driver of UK inflation scenarios – Rabobank

RaboResearch highlights Oil as the dominant input for UK monetary policy. The Bank of England’s central forecast assumes Oil prices fall from $76 to around $71, with inflation peaking near 3.2%, but Brent already trades…

Finance

Chinese Yuan: Gradual gains versus US Dollar – Commerzbank

Commerzbank FX & Commodity Analyst Volkmar Baur argues that China’s large trade surplus, driven increasingly by green technology exports, is supporting a stronger Chinese Yuan. The bank expects USD/CNY to remain in a 6.…

Finance

Japan’s Mimura: Always prepared to take suitable measures

Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Friday that he is in close contact with relevant authorities on foreign exchange, adding that the offici…

Finance

Silver Price Forecast: XAG eyes $60.00 as rebound builds

Silver price advances for the second straight day and hits a three-day high above $59.00mid growing speculation of intervention in the foreign exchange markets, to boost the Yen, and weaken the Greenback. At tht time of…

Finance

China: Incremental support and trade risks – TD Securities

TD Securities’ Senior Asia Economist Alex Loo assesses the July Politburo meeting, noting no major new stimulus despite acknowledged growth challenges. The focus is on fiscal execution, accelerating spending and bond us…