TRENDING:

XAU/USD

EUR/USD

GBP/USD

Silver

Newsletter

BOJ’s Kuroda: Exports have recovered to levels before COVID-19 struck

Dhwani Mehta FXStreet

More comments coming in from the Bank of Japan (BOJ) Governor Haruhiko Kuroda, as he now speaks about the economy, in the face of the coronavirus crisis.

Exports have recovered to levels before COVID-19 struck.

Output is making similar moves.

Consumption is picking up somewhat as a whole.

Service spending remains weak.

USD/JPY eyes 106.00

USD/JPY is extending its recovery from daily lows, as the bulls look to recapture the 106 level amid mixed markets.

The spot was last seen trading at 105.84, modestly flat on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

AUD/USD renews two-month lows near 0.6950 after Australian CPI data

AUD/USD is renewing two-month lows near 0.6950 in the Asian session on Wednesday, as in-line with estimates August Australian CPI data pours cold water on further RBA interest rate hikes. Mixed Chinese PMI data also fail to inspire the Australian Dollar, despite a pause in the US Dollar advance.

USD/JPY trades below 157.50 as Japan's weak data and bullish USD lend support

USD/JPY extends its consolidative price move during the Asian session on Wednesday, trading below mid-157.00s. Hawkish BoJ expectations, along with intervention risks, underpin the Japanese Yen, though dismal domestic data cap gains. Meanwhile, rising Fed rate hike bets and oil-driven inflation fears push US bond yields to fresh multi-year highs. Moreover, the US-Iran standoff supports a bullish US Dollar and acts as a tailwind for the currency pair.

Gold consolidates below $4,200 as bullish USD and Fed hike bets offset softer bond yields

Gold struggles to capitalize on the previous day's recovery from an eight-week low, consolidating below $4,200 during the Asian session on Wednesday. The overnight slide in oil prices eased the US Treasury bond rout, supporting the bullion. However, Fed rate-hike bets and inflationary concerns keep bond yields near multi-year highs. Moreover, geopolitical uncertainties underpin the safe-haven US Dollar, which, in turn, caps the commodity.

Ethereum sees profit-taking near $2,700 ahead of key US economic data

Ethereum (ETH) has shown signs of profit-taking near $2,700 over the past few days, with rising exchange deposits and a slowdown in exchange-traded fund (ETF) inflows ahead of US inflation and labor market data releases. The top altcoin's Exchange Reserves, which track the total amount of a crypto asset held across exchange wallets, have increased by roughly 125K ETH since Friday.

Silver is more volatile than Gold ahead of PCE and NFP. This chart shows the positioning gap

The market’s attention is focused on American data this week, but there’s something only those with a trained eye may be looking at: Gold and Silver positioning gap. Financial markets are moving on fears, mostly related to persistently high energy prices driven by the Middle East war. Sure, the US Dollar (USD) is strong, but at what cost?

BOJ’s Kuroda: Exports have recovered to levels before COVID-19 struck

USD/JPY eyes 106.00

Broker Reviews

China's September NBS Manufacturing PMI rises to 50.1, Non-Manufacturing PMI jumps to 50.2

British Pound seems vulnerable near two-month low as USD bulls eye US PCE and GDP

PBOC sets USD/CNY reference rate at 6.7351 vs. 6.7411 previous

WTI remains below $90.00 due to Middle East export recovery

Euro softens below 1.1350 on Lagarde's dovish tilt, German Retail Sales data in focus

Mediators push peace deal between US and Iran — FT

Editor's Picks

AUD/USD renews two-month lows near 0.6950 after Australian CPI data

USD/JPY trades below 157.50 as Japan's weak data and bullish USD lend support

Gold consolidates below $4,200 as bullish USD and Fed hike bets offset softer bond yields

Ethereum sees profit-taking near $2,700 ahead of key US economic data

Silver is more volatile than Gold ahead of PCE and NFP. This chart shows the positioning gap

Silver is more volatile than Gold ahead of PCE and NFP. This chart shows the positioning gap

Best Brokers in 2026

USD/JPY eyes 106.00

Legal Text

Editor's Picks

Best Brokers in 2026