A 25-basis-point rate hike by the Bank of Japan next week is all but certain, with the real uncertainty shifting to "how quickly rates will rise thereafter."

According to informed sources, the Bank of Japan is highly likely to raise interest rates next week, with a 25-basis-point hike best aligning with current assessments. As oil prices surge back above $100 per barrel, market focus has shifted from “whether rates will be raised” to whether Kazuo Ueda will open the door to accelerated tightening in subsequent meetings. However, he may continue to leave the terminal rate unspecified.

Golden10 DataSep 11 13:09

Actions Following the Rhetoric: Goldman Sachs’ View on the US Dollar, Japanese Yen, Hungarian Forint, South African Rand, and G10 Currencies

Main pointsThe U.S. dollar is weighed down by economic data, and uncertainty surrounding the policy reaction function is driving downside risks. Goldman Sachs attributes the dollar's recent weakness

CSOPSep 12 10:04

Japan Market Strategy: Focus on the Bank of Japan and Yen Trends in the Coming Week

Main pointsThe Bank of Japan is expected to raise its policy rate to 1.25% in September and accelerate the pace of subsequent hikes. Barclays forecasts that, at its monetary policy meeting on

CSOPSep 11 16:58

AI misallocation triggers liquidity surge; Bitcoin to break previous highs by year-end

Arthur Hayes analyzes the logic behind Japan's capital repatriation and the bursting of the AI bubble, pointing out that the Federal Reserve will accelerate money printing to mask its deficit. He identifies the EUR/JPY exchange rate as a key indicator and remains bullish on Bitcoin reaching new highs by year-end, as well as on Ethereum's risk-reward profile.

Zhitong FinanceSep 11 15:17

[Today's USD/JPY Outlook] The dollar-yen pair appears to be searching for direction, with a test of whether it can break out of its recent trading range between the 153 and 154 yen levels.

[FX Market Opening Comment] In New York foreign exchange trading on the 10th, the dollar-yen rose to 154.67 yen before pulling back to 153.85 yen, then rebounded to close at 154.43 yen. Oil prices surged on reports that Saudi Arabia had informed OPEC that its previous month's production hit the lowest level since 1990. Additionally, U.S. August Producer Price Index (PPI) data showed accelerating growth, which spurred further dollar buying amid rising long-term interest rates. The U.S. Treasury's expanded buyback program for long-term bonds ultimately totaled $5.19 billion,

Fisco JapanSep 11 07:34

Rising crude oil prices and accelerating U.S. PPI have strengthened expectations of a rate hike at the September FOMC meeting. Long-term bond buybacks also fell short of the upper limit, pushing yields higher and driving the dollar to continue its rise to

[London Market Overview] The USD/JPY pair remained firm in the London foreign exchange market on the 10th. Amid expectations of prolonged turmoil in the Middle East, crude oil prices and U.S. long-term interest rates were pushed to high levels, leading to dollar buying that lifted the pair from 153.35 yen to 154.11 yen. The EUR/USD pair declined from $1.1640 to $1.1623, weighed down by dollar-buying sentiment. The EUR/JPY pair followed the movement of USD/JPY, rising from 178.54 yen to 179.14 yen. GBP/

Fisco JapanSep 11 05:16