The dollar at one point hit 154.85 yen, the highest level in 34 years. Market participants remain aware of the possibility that the US Federal Reserve (Fed) will keep interest rates high for longer than expected, while they continue to watch for intervention from the Japanese authorities to prevent the yen from depreciating. In late … Read more
The Japanese yen and the Swiss franc, which are considered safe currencies, slowed their appreciation. This comes after Iran announced that it had no plans to retaliate against Israel. The Japanese yen and Swiss franc rose against other currencies after reports of Israeli attacks on Iran, but have since weakened. In afternoon trading, the dollar/Swiss … Read more
Russia on the 9th accused Ukraine of attacking the Russian-controlled Zaporozhye nuclear power plant in southern Ukraine for the third consecutive day. Photographed in June 2023 (2024 Reuters/Alina Smutko) [モスクワ／キーウ ９日 ロイター] – Russia on the 9th accused Ukraine of attacking the Russian-controlled Zaporozhye nuclear power plant in southern Ukraine for the third consecutive day. … Read more
On April 7, a dam burst on the Ural River in southwestern Russia caused massive flooding, damaging at least 6,000 households and forcing thousands of residents to evacuate. The photo shows a rescue vehicle moving through a flooded residential area in Orsk, Urals region, on the 6th. From a video provided by the Ministry of … Read more
The dollar has fallen across the board. Federal Reserve Chairman Jerome Powell said on Wednesday that he believes the Fed will have the confidence in the decline in inflation needed to begin cutting interest rates in the “not too distant future.” Meanwhile, the euro was flat in the early going after the European Central Bank … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/23YZIHIXFZNKJLRWS557TJBC3U.jpg?fit=%2C&ssl=1)
International Atomic Energy Agency (IAEA) Director-General Tom Grossi said on the 6th that he had been in Russia after holding “tense” talks with Russian energy officials over the safety of the Zaporozhye nuclear power plant in southern Ukraine, which is under Russian military control. met with President Putin. Photographed on the 4th (2024 Reuters/Lisa Leutner) … Read more
The dollar rose against the euro and yen. Investors adjusted their positions ahead of inflation data from Europe and the US, and portfolio rebalancing at the end of the month also had an impact. The market is paying close attention to data that could provide clues as to when the U.S. Federal Reserve will start … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/FZPIMJ2J4VK4JMKBC6NKIL7LUY.jpg?fit=%2C&ssl=1)
Regarding the gasoline subsidy (a drastic change mitigation measure) whose handling after the end of April has not yet been determined, there has been talk of extending it within the ruling party, and the government is expected to seriously consider it in the future. The photo was taken in September 2022 at a gas station … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VKLPSET3G5NAXG62LJ77642G6I.jpg?fit=%2C&ssl=1)
[Tokyo, 8th]- At its board meeting on the 6th of this week, the Reserve Bank of Australia (RBA) announced that it would leave policy unchanged, but maintained its tightening bias. The Australian dollar is expected to recover against the US dollar in the medium to short term, and in the meantime, it is likely to … Read more
On June 6, a massive breach in a dam controlled by Russia that holds water equivalent to the Great Salt Lake in Utah flooded a portion of the war-torn southern region of Ukraine. Both Russia and Ukraine blamed each other for the catastrophic breach of the Nova Kakhovka dam. The dam supplies water to Ukraine’s … Read more