MUFG says intervention threat slowing yen slide as BOJ hike fails to shift USD/JPY trend.The market's muted response to both the BOJ hike and the Katayama-Bessent alignment language is the most telling signal in MUFG's note: verbal intervention and policy tightening are doing the job of slowing yen weakness but neither is reversing it, which leaves Tokyo increasingly reliant on the credibility of the threat rather than its execution. USD/JPY remaining below 161.95 shows the threshold is being respected, but the inability of 16 basis points of priced October hikes to generate a meaningful yen recovery suggests structural selling pressure is overwhelming the rate differential story.

Japanese Yen sinks even after the BoJ hikes.Japanese Yen sinks even after the BoJ hikes

Singapore Dollar: Pressured in strong USD environment – OCBC.Singapore Dollar: Pressured in strong USD environment – OCBC

South Korea BOK Manufacturing BSI: 79 (July) vs previous 80.South Korea BOK Manufacturing BSI: 79 (July) vs previous 80

TRADING DAY Tech jitters smother inflation relief.U.S. bond yields tumbled on Wednesday as oil's slide to a four-month low eased inflation fears, although the relief wasn't felt as much in equity markets and persistent worries over tech valuations pushed the S&P 500 and Nasdaq lower.

Australia May jobs preview: Banks tip 30-45k rebound as Easter distortion fades.A clean bounce in the May data, back toward the 30-45k range the major banks are forecasting, would be consistent with the RBA's existing read that the labour market is softening only gradually. A result that undershoots, or one where the unemployment rate stays pinned at 4.5%, would sharpen the debate around how much of April's weakness was genuine signal rather than survey noise.

Natural Gas Price Forecast: Breakdown Risk vs Resistance Test.Natural gas remains in consolidation near the 20-day moving average as resistance holds and layered support builds below, leaving price vulnerable to either breakdown or recovery.

Economic and event calendar in Asia 25 June 2026 - Australian jobs report the focus.The rising core rate keeps the next RBA meeting, in August, 'live'. Today's jobs report will add more data for the Bank.

Singapore Dollar: Downtrend targets 1.3000 against US Dollar – UOB.Singapore Dollar: Downtrend targets 1.3000 against US Dollar – UOB

investingLive Americas FX news wrap 24 Jun: Dollar rally extends as risk-off mood deepens.The U.S. dollar continued its broad-based rally today as traders remained in a risk-off mood, favoring the greenback. Expectations for a Fed that may hike in 2026, along with equity markets which are vulnerable.

US Treasury yields slide as Hormuz reopening eases inflation fears.US Treasury yields slide as Hormuz reopening eases inflation fears

US Dollar: Firm tone extends with stretched positioning – Scotiabank.US Dollar: Firm tone extends with stretched positioning – Scotiabank

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 4.5% As Tankers Openly Transit The Strait Of Hormuz.Oil markets are under strong pressure amid signs of normalization in the Strait of Hormuz.

Thai Baht: Low yields drive THB underperformance – MUFG.Thai Baht: Low yields drive THB underperformance – MUFG

Crude oil futures settle at $70.34. Stays below the 200 day MA..Crude oil futures are settling down 3.92% at $70.34, extending the recent slide in prices. During the session, crude fell below the $70.00 level for the first time since the start of the Iran war, reaching a low of $69.63.

WTI slides to its lowest level since March as shipping through Hormuz gradually normalizes.WTI slides to its lowest level since March as shipping through Hormuz gradually normalizes

Brazilian Real: LatAm policy paths and FX levels – Societe Generale.Brazilian Real: LatAm policy paths and FX levels – Societe Generale

Japanese Yen: Watching 162 resistance after hawkish BoJ – Scotiabank.Japanese Yen: Watching 162 resistance after hawkish BoJ – Scotiabank

Hungary: Lower CPI supports NBH cuts – Standard Chartered.Hungary: Lower CPI supports NBH cuts – Standard Chartered

United States 5-Year Note Auction: 4.2% vs 4.182%.United States 5-Year Note Auction: 4.2% vs 4.182%

Japanese Yen Short-term Outlook: USD/JPY Breakout Stalls at 2024 High as Intervention Risk Builds.USD/JPY remains pinned just below a pivotal resistance zone after extending its rally from the May lows. Momentum continues to favor the bulls, with daily RSI pushing into overbought territory for the first time in months, but the advance has begun to stall as price tests a key technical barrier.

Commodity FX: Positioning shifts shape prospects – BNY.Commodity FX: Positioning shifts shape prospects – BNY

ECB's Schnabel: “More hiking is needed to get to 2%.”.ECB's Schnabel: “More hiking is needed to get to 2%.”

Malaysian Ringgit: Bearish near term against US Dollar – MUFG.Malaysian Ringgit: Bearish near term against US Dollar – MUFG

Russia Industrial Output came in at -0.7%, below expectations (1.6%) in May.Russia Industrial Output came in at -0.7%, below expectations (1.6%) in May

Swiss Franc hits a ten-month low as hawkish Fed bets lift the US Dollar.Swiss Franc hits a ten-month low as hawkish Fed bets lift the US Dollar

Japanese Yen holds near 162 as intervention risk remain.Japanese Yen holds near 162 as intervention risk remain

Euro weakens for third day as Fed hike repricing eclipses German IFO improvement.Euro weakens for third day as Fed hike repricing eclipses German IFO improvement

United Kingdom: Market-friendly Burnham path – ABN AMRO.United Kingdom: Market-friendly Burnham path – ABN AMRO

Australian Dollar stays pressured amid cooling Australian inflation.Australian Dollar stays pressured amid cooling Australian inflation