BOJ Governor Ueda Warns Oil Price Shock Could Trigger Persistent Inflation 
Gold Prices Ease as Markets Await Key U.S. Inflation Data and Fed Rate Outlook 
Asian Currencies Stabilize as Strong U.S. Jobs Data Boosts Dollar and Fed Rate Hike Expectations 
US Stocks Rebound as Iran Eases Military Operations; Tech Shares Lead Wall Street Recovery 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Dollar Near Two-Month High as Strong U.S. Jobs Data Boosts Fed Rate Hike Expectations 
Trump Faces Pressure as Fed Chair Kevin Warsh Takes Over 
China Trade Surplus Surges in May 2026 as Exports and AI-Driven Imports Accelerate 
Japan Q1 2026 GDP Growth Revised Lower as Weak Investment and Middle East War Pressure Economy 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
Oil Prices Surge as Iran-Israel Tensions Escalate, Raising Supply Concerns 
According to recent data from Japan's Ministry of Health, Labour and Welfare, December's bonus payments declined 0.4% below that of 2014, shattering the Japanese central bankers' hopes of re-inflation. Further the summer bonus payment failed to impress, while regular salaries did not increased over the previous years.
The recent BoJ's monetary policy effect has faded away from the FX market. While the central bank has a number of measures at its disposal to tackle the situation including QE and rate policy among others, markets now clearly see the exchange rate as the only monetary policy measure left with the central bank. The BoJ will have no other option other than devaluating the yen.
