FX Update October 2 – Ahead of NFP
USDJPY, H1 The Yen has rallied versus other currencies amid a pronounced risk-off positioning theme in global markets on news that President Trump, along with the First Lady and White…
Read More »USD/JPY welcomes October with mixed clues above 105.00
USD/JPY rises to 105.50 as markets in Japan open for Thursday’s trading. The yen pair surged to the highest since September 15 the previous day before
Read More »Japan – Jibun Bank/Markit Manufacturing PMI (final) for September 47.7
Preliminary and prior can be found here: Japan preliminary PMIs (September) Manufacturing 47.3 September’s 47.7 is the 4th consecutive rise (from a very poor low point of 38.4 in May)
Read More »Japan preliminary PMIs (September) Manufacturing 47.3 (prior 47.2) Services 45.6 (prior 45.0)
Japan Jibun Bank / Markit preliminary PMIs for September Services 45.6 Composite 45.5 Some improvement in these indexes but still all in contraction.
Read More »FX Update September 18 – A volatile 24hrs
The Dollar has scraped out a two-day low at 92.76 in the narrow trade-weighted USDIndex, with EURUSD concurrently pegging a two-day high at 1.1868, gaining quite sharply from yesterday’s five-week…
Read More »Ahead of RBA
Busy calendars in the US, the EU and Asia will keep markets on their toes this week. In the US, further evidence that the recovery continues at a solid pace…
Read More »ForexLive Americas FX news wrap: Dollar circles the drain
Forex news for New York trade on August 28, 2020: Markets: – Gold up $35 to $1964 – WTI crude flat at $42.97 – US 10-year yields down 3 bps…
Read More »Gold and the week ahead
What Drives the Gold Market? With the start of the new trading week, the price of gold and oil rose along with many other commodities, however, crude oil lost ground…
Read More »Japan press reports that PM Abe hospital visit is for a regular check up
Kyodo press with the info on the Prime Minister’s hospital visit. Said to be for a regular check. Either that or he took a turn after hearing the GDP result:
Read More »Japan – Jibun Bank/Markit July PMI Services 45.4 (prior 45.0) and Composite 44.9 (prior 40.8)
P Comments from Markit: The ‘ dependent on the virus’ viewpoint is a constant caveat, as Fed Chair Powel said last week, almost the same as Markit here:
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