Category forex

Yen Weakens Against USD

USD/JPY pair trades higher on strong Japanese GDP The Japanese Yen has weakened against the USD, with the USD/JPY pair trading slightly higher. This move comes despite the release of stronger Japanese growth figures. The pair is currently trading near the 1

Indonesia FX Reserves Fall

FX reserves declined to USD 144.9bn in May Indonesia's FX reserves fell to USD 144.9bn in May due to Bank Indonesia's interventions to support the rupiah. The reserves have been declining since April, when they stood at USD 146.2bn, and are down from a peak of USD 156