The Japanese Yen is Vulnerable to the USD.

Japanese Yen

The Japanese Yen has crumbled to its lowest level ever since 1998 against the US Dollar today. With the Fed making it clear that rates are surging, the Bank of Japan (BoJ) re-asserted its yield curve control (YCC) program on Wednesday to keep bond yields down.

Today, the 10-year Japanese Government Bond (JGB) is traded near the central bank’s upper limit of 0.25%. The bank then announced that they would add to their bond purchases within their scheduled operations.

Treasury yields continue to soar higher, with the 2-year note trading at 3.75%. The US Dollar has proceeded higher across the board. The Korean Won has crumbled harder as the nation increased the cost of yesterday’s typhoon.

The EUR/USD currency pair reached a 20-year low of 0.9874 overnight as the GBP/USD is threatening to break below the 2020 low of 1.1414, a move that would see a new 37-year nadir.

The Australian Dollar slipped today despite the 2Q quarter-on-quarter GDP forecast at 0.9% against the 0.8% previously that has been revised down to 0.7%. Annual GDP to the end of July was 3.6% instead of 3.4% anticipated and 3.3% prior. It reveals upward revisions to previous quarters in 3Q and 4Q 2021.

China’s trade data was a big miss at US$ 79.39 billion instead of the previously US$ 92.70 billion forecast and US$ 101.26 billion. The Yuan hit a 2-year low with USD/CNH trading as high as 6.9949.

Commodities were not immune from the carnage, with gold languishing under US$ 1,700 an ounce. The WTI crude oil futures contract fell to levels unseen since the beginning of the year near US$ 85 bbl. The Brent contract is around US$ 91.50 bbl.

Arab light crude prices for Asian customers were lowered yesterday by Saudi Aramco. The cut for October deliveries could be interpreted as an indication of slowing demand.

This Post Has 229 Comments

  2. WilliamMaw December 3, 2025 Reply

    best online foreign pharmacy Cor Pharmacy Cor Pharmacy

  20. WilliamMaw December 1, 2025 Reply

    affordable ed medication Ed Pills Afib where can i get ed pills

  49. RamonWeits November 29, 2025 Reply

    azithromycin canadian pharmacy Musc Pharm canadian pharmacy price checker

  73. RamonWeits November 28, 2025 Reply

    Neo Kamagra Neo Kamagra buy kamagra online usa

  156. Davidnub November 22, 2025 Reply

    buy Viagra over the counter: AeroMedsRx – Sildenafil Citrate Tablets 100mg

  166. Davidnub November 21, 2025 Reply

    kamagra oral jelly: BlueWaveMeds – kamagra oral jelly

  173. Davidnub November 20, 2025 Reply

    Viagra generic over the counter: AeroMedsRx – AeroMedsRx

  178. Davidnub November 20, 2025 Reply

    order Kamagra discreetly: kamagra oral jelly – trusted Kamagra supplier in the US

  206. Davidnub November 18, 2025 Reply

    cialis generic: EveraMeds – EveraMeds

  222. NormanVaf September 23, 2024 Reply

    sildenafilo cinfa 100 mg precio farmacia: comprar viagra – viagra online cerca de toledo

  227. lista escape roomów July 5, 2024 Reply

    You really make it seem really easy with your presentation but I find this topic to be actually one thing that I
    think I would never understand. It seems too complex and very vast for me.
    I’m taking a look ahead on your subsequent post, I will try to get the hold of it!
    Escape roomy lista

  228. Rastrear Teléfono Celular April 14, 2024 Reply

    Obtener acceso a información secreta puede darle una ventaja comercial sobre sus competidores y, gracias a los avances tecnológicos, espiar ahora es más fácil que nunca.

Leave a Reply

Fund Your Deriv Account

Get VIP Trading Signals

Important Link

Fund Your Deriv Account
Withdraw Funds to Your Local Currency
VIP Trading Signals
Learn To Trade

Information

About US
FAQ
Privacy Policy
Terms of Use

Contact Us

  • Ibadan, Oyo state, Nigeria
  • Contacts@tradewithmac.org
  • +234-8065-318-470

Follow Us

Facebook Twitter Instagram

Disclaimer

Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.