{"id":78357,"date":"2023-01-12T16:36:11","date_gmt":"2023-01-12T12:36:11","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=78357"},"modified":"2023-01-12T18:33:56","modified_gmt":"2023-01-12T14:33:56","slug":"yen-jumps-and-the-dollar-stabilizes-ahead-of-us-inflation-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/yen-jumps-and-the-dollar-stabilizes-ahead-of-us-inflation-data\/01\/12\/market-updates\/","title":{"rendered":"Yen jumps and the dollar stabilizes ahead of US inflation data"},"content":{"rendered":"\n<p>The yen received support on Thursday from expectations that the Bank of Japan will review the implications of its easy monetary policy, while the dollar held near a seven-month low against the euro ahead of US inflation data on Thursday.<\/p>\n\n\n\n<p>The Japanese yen rose 0.8 percent, to record a session high of 131.36 against the dollar in Asian transactions, after a Yomiuri newspaper reported that the Bank of Japan will review the implications of its accommodative monetary policy at next week&#8217;s monetary policy meeting, and may take additional steps to correct any imbalance in the yield curve.<\/p>\n\n\n\n<p>And the yen recorded in the latest trading 131.70 against the dollar.<\/p>\n\n\n\n<p>The dollar index rose 0.1 percent to 103.25, not far from its seven-month low of 102.93 reached this week.<\/p>\n\n\n\n<p>The pound fell 0.1% to $1.2140, and the euro fell 0.1% to $1.0747, after reaching a seven-month high of $1.07765 in the previous session.<\/p>\n\n\n\n<p>The Australian dollar fell 0.2% to $0.6893. The New Zealand dollar fell 0.3% to $0.6344.<\/p>\n\n\n\n<p>The Chinese yuan traded in offshore transactions at 6.7589 against the dollar, after reaching a five-month high of 6.7545 against the dollar earlier in the session.<\/p>\n\n\n\n<p>As for digital currencies, Bitcoin rose for the fifth day in a row, and recorded the highest level in a month at $ 18,370.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The yen received support on Thursday from expectations that the Bank of Japan will review the implications of its easy monetary policy, while the dollar held near a seven-month low against the euro ahead of US inflation data on Thursday. The Japanese yen rose 0.8 percent, to record a session high of 131.36 against the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":70953,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,39,36],"tags":[7211,6877,6928,6882],"class_list":["post-78357","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-global-stock-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=78357"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78357\/revisions"}],"predecessor-version":[{"id":78358,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78357\/revisions\/78358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/70953"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=78357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=78357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=78357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}