investingLive Asia-Pacific FX news wrap: Bessent boosts yen, AUD jumps on accelerating CPI.The yen saw brief volatility after U.S. Treasury Secretary Bessent posted on X praising Japan's commitment to Bank of Japan independence and “policy space,” calling it vital for anchoring inflation expectations and avoiding excess FX volatility.
Japan's Kihara: BoJ to conduct monetary policy to appropriately achieve inflation target.Japan's Kihara: BoJ to conduct monetary policy to appropriately achieve inflation target
AUD Pops Higher As Australia's Q3 CPI Jumped Above RBA Target Range.Australia's consumer price index rose 3.2% year-over-year in the third quarter of 2025, marking the highest inflation rate in over a year. Here's how AUD pairs reacted.
Rupee traders eye RBI, flows before fully priced in Fed rate cut.The Indian rupee is expected to hold in a narrow range on Wednesday, with likely central bank support countering importer dollar demand and a softer Asia backdrop, ahead of a near-certain U.S. Federal Reserve rate cut.