Japan markets on edge over looser fiscal policy, ex-currency diplomat Watanabe says.Japan will continue to face market jitters over fiscal policy, with the risk of further tax relief raising the prospect of a renewed selloff in government bonds and the yen similar to Britain's "Truss shock," a former top currency diplomat said.
Japanese Yen Weekly Forecast: USD/JPY Eyes BoJ Opinions, US Jobs Data.Hawkish BoJ signals, Japan's election, and key US data put USD/JPY in focus, with volatility rising as traders reassess Fed and BoJ policy paths.
US Dollar to Canadian Dollar Forecast: Rallies Seen as "Selling Opportunities".The US dollar to Canadian dollar exchange rate (USD/CAD) was trading around 1.3624 at the London close, rebounding late in the week but remaining well below January's earlier highs following a sharp slide in the greenback. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.86337Euro to Canadian Dollar (EUR/CAD): 1.6136Dollar.
A Credible Fed Choice Tames Tail Risks, Not the Cycle.Last week delivered yet another reminder that volatility has become a feature this year, rather than an exception. Sudden repricing episodes continue to emerge, often driven by political and institutional developments rather than changes in economic fundamentals.
Japan's Takaichi cites weak yen's benefits even as her government threatens intervention.Japanese Prime Minister Sanae Takaichi cited some benefits of a weaker yen on Saturday, in stark contrast to her finance ministry's threats to intervene to support the battered currency.