Japan Likely Sold $54.7B in US Treasuries to Defend Yen

TAMPA, Fla., July 20, 2026 /PRNewswire/ -- Sell-offs in Japanese Government Bonds (JGBs) and the yen have put Japanese Prime Minister Sanae Takaichi on notice, a DoubleLine paper argues, that Japan's creditors have little tolerance for her government's unorthodox proposal for a mixture of...

USD/JPY is staying in range trading below 162.83 and intraday bias remains neutral. Another fall cannot be ruled out as the consolidations extends, but downside should be contained by 38.2% retracement of 155.01 to 162.83 at 159.84. On the upside, firm break of 162.83 will extend the larger up trend to 164.34 projection level. In […] The post USD/JPY Daily Outlook appeared first on ActionForex.

Headlines: Oil prices ease a bit after Iran's Foreign Ministry Spokesperson suggests diplomatic efforts are continuing despite the attacks Iran says that diplomatic efforts have been "active" in recent days, received proposals from several mediators Gold stays under pressure as the US-Iran crisis keeps inflation and rate hike risks elevated ECB's Q2 SAFE survey shows inflation and wage growth expectations easing, but upside risks remain German producer prices nudge lower in June due to drop in energy prices Market moving news for Asian trading: Oil jumps as US-Iran war spread, Hormuz tankers struck Market update: WTI crude down 2% to $80.05 European equities slightly higher; S&P 500 futures up 0.5% AUD leads, EUR and CAD lag on the day US 10-year yields up 0.5 bps to 4.547% Gold up 0.3% to $4,030 Bitcoin up 0.4% to $64,791 There wasn't too much on the session as markets continue to sing to the tune of the US-Iran conflict. Tensions remain high over the weekend and that saw oil prices open with a gap higher to start the new week. However, Iran's foreign ministry spokesperson confirmed that mediation proposals are being put forward and that sparked some hope that negotiations could resume soon enough again. And that saw oil prices drop back slightly with WTI crude erasing early gains to fall 2% intraday to $80.05. At the same time, equities recovered some poise after a bit of a shaky start to European morning trade. Major indices in Europe opened with slight losses before recovering back to sit a little higher on the day. Meanwhile, US futures pushed up to hold a minor bounce ahead of the open later. S&P 500 futures are up 0.5% with Nasdaq futures up 1.0% but that comes after the heavy selling from Friday last week. So, there is still some nerves up in the air. In the major currencies space, the dollar is mostly little changed with AUD/USD the only notable mover - up 0.4% to 0.7010. Besides that, EUR/USD is flat at 1.1435 and USD/JPY flattish at 162.30 levels on

USD/JPY opens the week at 162.36 on Monday. The Japanese yen remains near its lowest level since 1996. Pressure on the currency is being exerted by a strengthening US dollar and a sharp rise in oil prices amid escalating conflict in the Middle East. The US military launched new airstrikes on Iran following the deaths […] The post USD/JPY Poised to Continue Gains as Expensive Oil and Lack of Support Weigh on Yen appeared first on ActionForex.

Investing in South Korea’s stock market has yielded huge returns this year, but it’s been a wild ride. Volatility on the benchmark Kospi Index has topped 60%, almost double that of Japan’s Nikkei 225. It’s even put the notoriously skittish cryptocurrency Bitcoin in the shade.

The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first large-scale corporate stablecoin rollout.

US and Iran continue to trade strikes in the Middle East and that is continuing to cast a dark cloud on markets to start the new week. Iran is making their presence known in attacking ships in the Strait of Hormuz and that has now led to the US imposing their own blockade again. Meanwhile, both sides are still exchanging missile strikes in the region as tensions continue to flare up since the ceasefire deal broke down. As such, daily ship traffic along the Strait of Hormuz has now fallen back to single digits. There's practically zero LNG tankers making their way across and the handful of tankers making their way through are all high-risk transits only. In essence, it means only Iranian or Chinese-linked vessels are passing through using the northern corridor. The great "reopening" didn't even get started really. This is all keeping oil prices underpinned, even opening with a gap higher this week. WTI crude is up a little over 2% to $83.55 now with Brent crude also the same at $90.33. As oil prices move up, it will keep broader markets on edge especially if bond yields continue to shoot higher as well. For now, a holiday in Japan is keeping things a bit quieter as we await European traders to enter the fray. In that lieu, just be mindful about USD/JPY as well just in case. Equities are a bit calmer with S&P 500 futures up 0.2% and Nasdaq futures up 0.5%. However, it represents a minor bounce after the heavy selling to end the week on Friday - which could've been much worse. The rest of the market mood is also a bit more mixed with the dollar not doing all too much. EUR/USD and USD/JPY are both flat at 1.1443 and 162.33 respectively while AUD/USD is seen stretching its legs a little with the currency pair up 0.2% to near 0.7000. That's about it though in terms of notable movement among major currencies. Meanwhile, gold is up 0.1% to $4,019 and silver is seen up 1.7% to $56.85 to start the new week. Thankfully, football won yesterday at least. After 104 games, Spain w

Die Eskalation des Konflikts zwischen den USA und dem Iran belastet die asiatischen Börsen und treibt den Ölpreis erstmals seit mehr als einem Monat wieder über 90 Dollar je Barrel.