others
JPY underperforming G10 – Scotiabank – Crypto News
The Japanese Yen (JPY) is weak, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies into Thursday’s NA session, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.
This week’s movement ignoring narrower, JPY-supportive spreads
“The preliminary PMI’s were mixed, with a modest improvement in the (still contractionary) manufacturing reading and a slight moderation in the (barely expansionary) services print. CPI data will be the highlight of the week and the release is scheduled for 7:30pm ET.”
“Narrowing USJapan spreads remain supportive for the yen, reflecting renewed confidence in BoJ tightening and a continued rise in Japanese yields with the 20Y following the 10Y’s lead in breaking to fresh multi-decade highs.”
-
De-fi3 days agoHow the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk – Crypto News
-
Technology4 days agoWhile Big Tech chased AI, Apple built something else – Its biggest product wave yet | What’s coming in 2026 and beyond – Crypto News
-
Cryptocurrency2 days agoOpenAI’s GPT-6 Astra Is Shockingly Good at Almost Everything – Crypto News
