USD mostly lower to start the new trading week as geopolitics continue to dominate
The USD is lower vs the major currencies to start the North American session and the new trading week. The declines come after sharp gains in the dollar on Friday…
Read More »EUR/JPY Price Forecast: Declines below 186.00 amid intervention fears, but bullish vibe prevails
The EUR/JPY cross trades in negative territory around 185.90 during the early European trading hours on Wednesday. The Japanese Yen (JPY) gathers strength against the Euro (EUR) as traders are…
Read More »US Dollar holds steady amid rising tensions in Middle East
The USD is higher but little changed vs most of the major currencies. It is trading above and below unchanged vs the GBP, and up vs the EUR and the…
Read More »Japanese Yen muted amid steady US PCE data
The USD/JPY pair trades in a muted fashion toward the 159.20 region on Friday as the United States Dollar (USD) finds support following the latest inflation data, while the Japanese…
Read More »Japanese Yen weakens as stronger US Dollar and elevated energy prices weigh on sentiment
USD/JPY holds firm on Friday, remaining confined within this week’s trading range as traders refrain from placing aggressive bullish bets near the 160.00 handle following suspected intervention by Japanese authorities…
Read More »Barclays warns yen recovery likely temporary despite Tokyo’s $35bn intervention
Japan likely spent up to $35bn intervening to support the yen, but Barclays warns depreciation pressure will persist over the medium term as Iran war energy costs weigh. Summary: The…
Read More »investingLive Asia-Pacific FX news wrap: Japan warns of more intervention if needed
Japan intervenes to defend yen and warns of further action over Golden Week Axios:Trump received briefing on plans for possible military action against Iran ASEAN ministers warn Middle East war…
Read More »Japanese yen holds slightly higher after a more hawkish hold by the BOJ
The BOJ policy decision earlier sees USD/JPY drop back from around 159.50 to sit closer to the 159.00 level currently. The central bank opted to maintain the short-term interest rate…
Read More »investingLive Americas market news wrap: Markets rebound on easing tensions hopes
Both the S&P and NASDAQ indices close above 100 day moving averages Isreal wil announce its commitment to a ceasefire at 4 AM Beirut time Crude oil futures settles at…
Read More »investingLive Americas market news wrap: Steps toward ceasefire in Lebanon lift the mood
US February PCE inflation 2.8% y/y vs 2.8% expected US initial jobless claims 219K vs 210K estimate US final Q4 GDP +0.5% vs +0.7% expected Netanyahu opens up direct negotiations…
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