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1 Apr 2025

Japan PM Ishiba: Need to achieve wage gains that exceed pace of inflation

Japan Prime Minister (PM) Shigeru Ishiba said on Tuesday that “we need to achieve wage gains that exceed pace of inflation, which is imminent task and key growth strategy for Japan.”

Additional quotes

"Will compile measures to push up Japan’s minimum wage by May."

"We will deploy all available means to broaden wage hikes across the country."

Market reaction

At the press time, USD/JPY loses 0.13% on the day to trade near 149.80.

Apr 1, 2025

Japanese Yen trades with mild positive bias against USD; bulls seem non-committed

The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday and for now, seems to have stalled the previous day's retracement slide from over a one-week high.
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Apr 1, 2025

Australian Dollar regains traction ahead of RBA rate decision

The Australian Dollar (AUD) gains traction on Tuesday, bolstered by the upbeat Chinese economic data.
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