The Latest Breaking News from Ueda

The dollar index (DXY00 ) on Tuesday rose to a 2-week high and finished up by +0.22%. A slump in the yen to a 4-month low Tuesday supported the dollar after BOJ Governor Ueda signaled the BOJ would maintain an accommodative policy despite ending its negative interest rate campaign. The...

The dollar index (DXY00 ) this morning is up +0.32% at a 2-week high. Weakness in the yen today is giving the dollar a boost after BOJ Governor Ueda signaled the BOJ would maintain an accommodative policy despite ending its negative interest rate campaign. The dollar extended its gains on...

The dollar index (DXY00 ) on Friday fell by -0.25%. The dollar retreated from a 1-1/2 week high Friday and posted moderate losses on weaker-than-expected U.S. economic news on Feb ISM manufacturing, Jan construction spending, and the University of Michigan U.S. Feb consumer sentiment. A decline in T-note yields Friday...

The dollar index (DXY00 ) this morning is down by -0.10%. The dollar fell from a 1-1/2 week high today and turned lower on weaker-than-expected U.S. economic news on Feb ISM manufacturing, Jan construction spending, and the University of Michigan U.S. Feb consumer sentiment. A decline in T-note yields today...

The dollar index (DXY00 ) on Thursday rose by +0.24%. The dollar on Thursday recovered from a 5-month low and posted moderate gains. Higher T-note yields Thursday sparked short covering in the dollar. The dollar Thursday initially moved lower on strength in the yen, which rallied to a 5-month high...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.11%. Stocks this morning are modestly high, with the S&P...

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.02%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.27%, both at record highs. Stock index futures this morning are modestly higher and posted new all-time nearest futures highs. Expectations for the Federal Reserve to begin cutting...

Creative tones abound as BOJ's Ueda hints at policy shift! Progress on price goal for #JapanEconomy could be in the cards. Get ready for surprises!

BOJ Governor Ueda makes quite the impression with his unconventional remarks at the news conference, injecting creativity into Japan's economic outlook.

The dollar index (DXY00 ) on Tuesday fell by -0.37%. Lower T-note yields Tuesday weighed on the dollar. Also, hawkish ECB comments Tuesday supported the euro and weighed on the dollar. In addition, the strength in stocks on Tuesday reduced the liquidity demand for the dollar. Tuesday’s U.S. housing news...

Today, the Bank of Japan (BOJ) voted unanimously (9-0) to maintain its policy rate at -0.1% and keep its 10-year JGB yield target at about 0%. The BOJ offered no guidance on whether it might scrap negative rates next year, which knocked the yen (^USDJPY ) down more than -1%....