The Bank of Japan’s (BoJ) 25bp rate hike to a 30-year high of 0.75% failed to support the yen, as cautious guidance from Governor Ueda undercut confidence.
Japan’s House of Councilors Finance Minister Satsuki Katayama spoke at an online meeting with other G7 finance ministers on Friday.
The President of the New York Federal Reserve (Fed), John Williams, spoke at an interview conducted by the media channel CNBC on Friday.
European Central Bank (ECB) policymaker Olaf Sleijpen spoke at a news conference in Amsterdam, Netherlands, on Friday.
The Bank of Japan (BOJ) unanimously voted to raise the policy rate 25bps to 0.75% (widely expected) and reinforced its tightening bias.
European Central Bank (ECB) policymaker and the current governor of the Central Bank of Latvia, Mārtiņš Kazāks, said during the European trading session that the consumer inflation expectations remain well-anchored.
Russian leader Vladimir Putin said during European trading hours on Friday that United States (US) President Donald Trump is making efforts to end the war in Ukraine.
EUR/NOK edged lower following Norges Bank’s policy update, as the revised rate path disappointed market expectations.
European Central Bank (ECB) policymaker and Finnish central bank governor Olli Rehn said during European trading hours that the outlook for the Eurozone’s growth and inflation remains highly uncertain due to the trade war that has just begun, and geopolitical tensions.
EU leaders secured a €90bn loan package for Ukraine, a market-friendly outcome for the Euro (EUR), as EUR/USD drifts toward support near 1.1680 with range trading likely to persist, ING's FX analyst Chris Turner notes.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending gains for the third successive session and trading around 98.60 during the European hours on Friday.