Asian stock markets were mixed, with the Nikkei reaching 40,000 points, the dollar slightly rising, and Bitcoin dropping over 1%

On Thursday, January 23, Asian stock markets were mixed, with Japanese and Indian stock markets rising, while the South Korean stock market fell. The US dollar strengthened slightly, and Bitcoin, gold, and crude oil declined.

The Bank of Japan will announce its interest rate decision tomorrow, and the yen fell slightly on Thursday. Prior to this week, as market expectations for a rate hike by the Bank of Japan increased, investors tended to buy put options on the dollar against the yen. Now, as the rate hike factor has almost been fully priced in, traders are beginning to bet that the dollar against the yen will only fluctuate narrowly after the policy decision is announced. In the past few days, the implied volatility of the dollar against the yen has been under pressure, falling to its lowest level since July on Thursday, marking the sixth consecutive day of decline.

Graham Smallshaw, a senior spot foreign exchange trader at Nomura Singapore, stated: "Since Trump's inauguration, uncertainty surrounding whether and when he will implement tariff threats has increased, making volatility selling a theme."

US Dollar Slightly Higher

The US dollar index rose slightly.

The yen fell slightly.

Asian Stock Markets Mixed

The Japanese stock market rose slightly, with the Nikkei 225 index briefly touching 40,000 points, currently up 0.86%.

The South Korean stock market fell, with the Seoul Composite Index down 0.79%.

The Bombay Stock Exchange index rose 0.22%.

Bitcoin Fluctuates Downward

Today, it fell over 1%, currently reported at $102,463 per coin.

Spot Gold and Crude Oil Slightly Decline