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FX Daily: Prospects Grow Of Joint Asian FX Intervention
Article By:
ING Economics
Thursday, April 18, 2024 3:10 AM EDT
Amidst slightly calmer FX conditions, investor attention is drawn to an overnight press release from the Finance Ministers of Japan, Korea, and the US, where the Asian nations expressed their concerns over the recent depreciation of the yen and won.
Speculators Push Japanese Yen Bearish Bets To Highest Since 2007
Article By:
Zachary Storella
Sunday, April 14, 2024 7:00 PM EDT
The COT currency market speculator bets were slightly lower this week as five out of the eleven currency markets we cover had higher positioning while the other six markets had lower speculator contracts.