Published at 04:45 (GMT) 31 Oct

USDJPY

BoJ eases further, expands base money target to Y80trillion.

USD/JPY jumps toward key 110, up from 109.35-40, to near 6-year highs on surprise BoJ easing. Nikkei +3.3%.

Cross/JPY broadly firmer. More next. WL

Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte ("4Cast"). The material shall not, under any circumstances, be reproduced or distributed in whole or part without the prior written consent of 4Cast.

The material in this report is based upon information which 4Cast considers to be reliable and the analysis and opinion in the material represents the view of 4Cast at the time of transmission (unless stated otherwise). Such analysis and opinion is subject to change without notice. The material is intended for use by parties knowledgeable and experienced in the financial sector and is only one source amongst others to be considered in carrying on their business or activity.

ACCORDINGLY 4CAST MAKES NO REPRESENTATION OR WARRANTY EXPRESS OR IMPLIED STATUTORY OR OTHERWISE (INCLUDING BUT NOT LIMITED TO) THE ACCURACY OF THE MATERIAL IN THIS EMAIL AND ON THE WEBSITE OR THE FITNESS FOR PURPOSE AND ALL SUCH REPRESENTATIONS AND WARRANTIES ARE HEREBY EXPRESSLY EXCLUDED.

4Cast does not give or purport to give investment advice. Any action taken by users on the basis of material on this website is entirely at their own risk. Independent investment advice should be sought where appropriate.

This email and the website may link to or be linked to other internet sites. 4Cast does not accept responsibility for the content of such other sites.

4Cast’s terms and conditions of business apply to all fee paying subscribers and authorised trial users.

View Full Disclaimer

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD posts gain, yet dive below 0.6500 amid Aussie CPI, ahead of US GDP

AUD/USD posts gain, yet dive below 0.6500 amid Aussie CPI, ahead of US GDP

The Aussie Dollar finished Wednesday’s session with decent gains of 0.15% against the US Dollar, yet it retreated from weekly highs of 0.6529, which it hit after a hotter-than-expected inflation report. As the Asian session begins, the AUD/USD trades around 0.6495.

AUD/USD News

USD/JPY finds its highest bids since 1990, approaches 156.00

USD/JPY finds its highest bids since 1990, approaches 156.00

USD/JPY broke into its highest chart territory since June of 1990 on Wednesday, peaking near 155.40 for the first time in 34 years as the Japanese Yen continues to tumble across the broad FX market. 

USD/JPY News

Gold stays firm amid higher US yields as traders await US GDP data

Gold stays firm amid higher US yields as traders await US GDP data

Gold recovers from recent losses, buoyed by market interest despite a stronger US Dollar and higher US Treasury yields. De-escalation of Middle East tensions contributed to increased market stability, denting the appetite for Gold buying.

Gold News

Ethereum suffers slight pullback, Hong Kong spot ETH ETFs to begin trading on April 30

Ethereum suffers slight pullback, Hong Kong spot ETH ETFs to begin trading on April 30

Ethereum suffered a brief decline on Wednesday afternoon despite increased accumulation from whales. This follows Ethereum restaking protocol Renzo restaked ETH crashing from its 1:1 peg with ETH and increased activities surrounding spot Ethereum ETFs.

Read more

Dow Jones Industrial Average hesitates on Wednesday as markets wait for key US data

Dow Jones Industrial Average hesitates on Wednesday as markets wait for key US data

The DJIA stumbled on Wednesday, falling from recent highs near 38,550.00 as investors ease off of Tuesday’s risk appetite. The index recovered as US data continues to vex financial markets that remain overwhelmingly focused on rate cuts from the US Fed.

Read more

Majors

Cryptocurrencies

Signatures