Japan BoJ Interest Rate Decision in line with forecasts (0.5%)

Jul 31, 2025

US Dollar Index holds losses near 100.00 ahead of PCE inflation data

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its five-day winning streak and trading around 99.80 during the Asian hours on Thursday.

GBP/JPY weakens to near 197.00 as BoJ holds rates steady

The GBP/JPY cross faces some selling pressure to around 197.10 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the Pound Sterling (GBP) after the Bank of Japan (BoJ) interest rate decision.