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3 Aug 2016

Japan MOF’s Asakawa: Yen's recent rise quite biased, one-sided, speculator-driven

Masatsugu Asakawa, Japan’s Ministry of Finance (MOF) official was back on the wires last hour via Reuters, commenting on the exchange rate level.

Key Quotes:

Yen's recent rise, quite biased, one-sided, speculator-driven

Volatility in JGB yields, yen exchange rate very high

Closely watching fx moves

Will respond to ccy moves if needed inline with G7/G20 agreement

Aug 3, 2016

UK services PMI preview: What to expect of GBP/USD?

The UK economy will release its July services PMI later in the European session at 0830GMT, which is forecast to remain unchanged at 47.4 as seen in J
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Aug 3, 2016

Gold hovering around 3-week high, steady at $1364

Gold on Wednesday traded in a narrow band but maintained its bid tone and is hovering around 3-week high level touched on Tuesday to currently trade a
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