October FX Seasonality: How Trading Sessions Influence Currency Performance?

Main pointsAsian-session performance was strong across Asian currencies and commodity currencies. During the Asian trading session, regional currencies tended to outperform the Japanese yen. Data

CSOPOct 1 19:05

Next market focus after the Fed’s rate hike: Will the Bank of Japan and the Bank of England follow suit?

① In the early hours of Thursday, Beijing time, the Federal Reserve raised interest rates for the first time in more than three years, with Chairman Kazuo Ueda sending hawkish signals, pushing the U.S. dollar index to its highest level since July 31; ② Analysts expect the Bank of Japan to also hike rates to a 31-year high on Friday, and the policy signals that Kazuo Ueda delivers at that time will be a key determinant of the yen's future trajectory.

cls.cnSep 17 14:48

A once-in-two-decades event! The three major central banks of the U.S., Europe, and Japan may raise interest rates in unison—what does this mean?

①This is far more than an ordinary "super central-bank week"—while markets are fixated on shifts in interest-rate levels, a macroeconomic drama unseen for two decades is quietly unfolding; ②The Federal Reserve, the European Central Bank, and the Bank of Japan—the G3 central banks of advanced economies—are, in a rare move, simultaneously embarking on tightening cycles.

CLSSep 14 15:44

ECB Foreign Exchange Reference Rates - Aug 31

Following are European Central Bank foreign exchange reference rates. All currencies are quoted against the euro. US Dollar USD 1.1596 Japanese Yen JPY 185.22

Dow JonesAug 31 21:55

Behind the Rare U.S. Intervention: Propping Up the Yen to Shield U.S. Treasuries, Yet Fundamental Tensions Remain Unresolved

① Early this morning, the U.S. and Japanese finance ministries jointly confirmed conducting their first coordinated foreign exchange market intervention in 15 years to support the yen; ② Industry observers noted that the primary objective of the U.S. intervention was to prevent the Bank of Japan from selling U.S. Treasuries to stabilize the exchange rate, which could otherwise disrupt long-end U.S. Treasury yields.

cls.cnAug 3 13:41

Middle East conflict flattens Europe's yield curve as traders still bet on 'ceasefire as the turning point'

Some traders remain committed to large European interest rate curve positions, despite having suffered significant losses along the way. Although U.S. strikes against Iran disrupted this trade, traders continue to bet that the 30-year swap rate will rise more than the 10-year swap rate.

Zhitong FinanceJul 28 16:53