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BoJ Says Economic Growth Likely To Remain Sluggish
Wednesday, the Bank of Japan, or BoJ, released its monthly economic assessment report for August. Elsewhere, a report from the Bank of Korea showed that inflation in South Korea will remain at a higher level for a considerable period.
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BoJ Retains Key Interest Rate; Says Economic Growth Slow
The Bank of Japan's Board of Governors voted to leave the overnight call rate unchanged at 0.50% for the 21st consecutive meeting at the conclusion of its two-day monetary policy meeting in Tokyo. In a move that was widely expected, the board vot 5
Hong Kong Jobless Rate Lowest Since 1998
The Census and Statistics Department announced that Hong Kong’s seasonally adjusted unemployment rate fell further to 3.2% in the period from May to 5
Dollar charges forward
Bad news for global economy is good news for the greenback. Dollar hits nearly 2-year high against British pound, gains vs. euro and yen. 6
U.S. dollar likely to extend gains next week
U.S. dollar could gain further ground next week, underpinned by the view that other major economies are deteriorating while the United States, the first major casualty of the credit crisis, is showing signs of reviving. 5
Japan firms' confidence hits 5-yr low
Japanese manufacturers' sentiment sank to a fresh five-year low in August, a Reuters poll showed, suggesting the closely watched Bank of Japan tankan will show further pessimism amid growing signs of recession. 5
USD/JPY Alert 2
As of of this writing on Wednesday afternoon (New York session), price on the USD/JPY (a daily chart of which is shown) has bounced sharply off of the 108.50 support region 5
USD/JPY Alert 2
As of of this writing on Wednesday afternoon (New York session), price on the USD/JPY (a daily chart of which is shown) has bounced sharply off of the 108.50 support region. 
