USD/JPY pares biggest daily loss in three months near 114.00 amid sluggish yields
USD/JPY refreshes intraday high around 114.25, before stepping back to 114.15, as Tokyo opens for Thursday’s trading. In doing so, the yen pair consol
Read More »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 »