Dollar breaks higher to new top in USD/JPY
Overnight Headlines *USD made fresh highs for the move, versus EUR and JPY *US stocks were boosted by better-than-expected US retail sales *Bitcoin falls below $60,000, finds support at 50-day…
Read More »USD/JPY struggles at 114.00 as the New York session ends
The USD/JPY retreated from weekly tops around 114.00, fell 0.17%, trading at 113.88 as the New York session finished. On Friday, the Japanese yen reco
Read More »Dollar surges to new highs, stocks in retreat
Overnight Headlines *US stocks fell after +6% US CPI, Tech worst hit *USD hit 15-1/2 month high, EUR below 1.15 *Gold jumped to a five-month top at $1868 *Vix touches…
Read More »Stocks stall ahead of bumper US inflation data
Overnight Headlines *US stocks snapped their eight-day winning streak *USD treaded water after weakening over the past three days *Gold backed off $1834 resistance, real yields remain depressed *Oil extended…
Read More »S&P and NASDAQ close at record highs for the seventh straight day
NASDAQ up for the 10th consecutive trading day The final numbers are showing: For the trading week, the The JPY is ending the day as the strongest of the majors…
Read More »Bumper US earnings not lifting Asian markets
Overnight Headlines *US stocks post another record high on earnings optimism *USD edges higher, best gains versus EUR and JPY *Australia core inflation accelerates back inside RBA target *Alphabet and…
Read More »Markets cautious ahead of a busy week
Overnight Headlines *US stocks closed mostly lower Friday, weighed by Powell comments *USD turned modestly weaker against its peers, except versus GBP *Oil settled higher for a seventh consecutive week…
Read More »Market Update -October 22 – USD Consolidates, Evergrande Reprieve, & Stocks at new highs
USD (USDIndex 93.70) rallies a whole number and more from 93.47), Claims at new pandemic low, Housing data and Earnings were strong. Overnight – AUD & JPY PMI data better…
Read More »Japanese Yen, US Dollar Gain Amid Inflation Woes. Will USD/JPY, AUD/JPY Reverse?
The Japanese Yen and US Dollar gained as inflation woes dampened risk appetite. Soft Snap Inc. and Intel earnings weakened the Nasdaq 100. Are USD/JPY and AUD/JPY reversing?
Read More »Stocks slip, the Vix sinks, yen jumps higher
Overnight Headlines *US stocks rallied for a sixth day just shy of all-time highs *USD dipped further, particularly against commodity currencies *Vix drops again near to year lows *US 10-year…
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