Category forex

Yen Rises On BoJ Tightening Hopes

Yen gains strongly against major currencies The Japanese Yen attracts significant bids against its major currency peers. The USD/JPY pair falls to near 162.65 before recovering some losses. The rebound brings the pair to around 163, still down from previous

Indonesia Holds Benchmark Rate

Bank Indonesia keeps rate at 5.75% The Indonesian Rupiah weakened after the Bank Indonesia decided to hold its benchmark rate steady. The rate was held at 5.75%. The USD/IDR pair recovered its daily losses, trading around 17,950 during European hours on Wed