Japan's Takaichi vows to break with 'fiscal austerity' to spark economic revival.Japanese Prime Minister Sanae Takaichi on Friday pledged to break with "excessive fiscal austerity" and boost long-term investment through a multi-year budget framework, underlining her administration's commitment to revitalising the economy.
investingLive Asia-Pacific FX news wrap: AUD and NZD down, INR up.San Francisco Fed President Mary Daly said monetary policy is “in a good place” following last year's cumulative 75 basis points of rate cuts. Daly argued the labour market has stabilised and inflation should resume its downward path as tariff effects fade.
USD/JPY Rebounds From Support, Upside Continuation In Play.Looking at the 4-hour chart, the pair cleared a key rising channel with resistance at 154.00. There was a move above the 50% Fib retracement level of the downward move from the 157.66 swing high to the 152.27 low.
Lagarde speech: Expects to complete term as ECB President through October 2027.Lagarde speech: Expects to complete term as ECB President through October 2027