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USD/JPY retreats on safe-haven demand as Dollar bulls take a breather

USD/JPY retreats on safe-haven demand as Dollar bulls take a breather
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Japanese Yen edges lower, influenced by dovish remarks from BoJ s Adachi

Japanese Yen edges lower, influenced by dovish remarks from BoJ s Adachi
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Aussie Rises Despite Sluggish Retail Sales, Boosted by Chinese Housing Measures

Australian Dollar strengthened broadly in Asian session today, shrugging off lackluster retail sales data. Instead, Aussie is responding positively to Shanghai's announcement of significant policy measures aimed at boosting the housing market. Yesterday, China's commercial and financial hub declared it would relax home purchase restrictions and provide subsidies for new flat buyers. This move is designed to invigorate the city's real estate sector and comes less than two weeks after the central government introduced a rescue package to prevent a property market collapse.

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