USDJPY Technical Analysis – We are testing a key support zone
Fundamental Overview The strong bullish momentum in the US Dollar waned a bit in this final part of the week as we got a pullback in Treasury yields. In fact,…
Read More »Inflation data remains in focus in Europe today
Major currencies are little changed for the most part with only the Japanese yen being the slight mover in the handover from Asia to Europe. It comes after the BOJ…
Read More »Heads up: Germany states’ CPI readings due later today
ECB policymakers have been worried about an uptick in inflation towards the end of the year. But so far, that hasn’t quite materialised. We will be getting the first taste…
Read More »Malaysia Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Malaysia on Wednesday, according to data compiled by FXStreet.
Read More »Forex Today: Focus now shifts to the US labour market and real economy
The US dollar held steady, finishing almost unchanged from Monday’s close.
Read More »US wholesale inventories or September -0.1% versus revised 0.2% last month
Prior month 0.2% (revised from 0.1%) Wholesale inventories for September 2024 -0.1% Retail inventories X auto +0.1% versus 0.5% last month This article was written by Greg Michalowski at www.forexlive.com.
Read More »Mexican Peso gives back gains after strong start from risk-on
The Mexican Peso (MXN) edges higher on Tuesday, rising by about a quarter of a percent across its most-heavily traded pairs.
Read More »China mulls approving fresh fiscal package worth over ¥10 trillion next week
It is being reported that Beijing is looking to approve next week the issuance of over ¥10 trillion in extra debt over the next few years in order to revive…
Read More »Australian Dollar declines as US Dollar remains solid ahead of US presidential election
The Australian Dollar (AUD) extends its decline against the US Dollar (USD) for the third consecutive session on Tuesday.
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