Asia shares steady, dollar firm before jobs test
Original source: https://www.investing.com/news/stock-market-news/asia-shares-steady-dollar-firm-before-jobs-test-3596734
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The second estimate of US GDP growth in Q2 saw an upward revision from 2.8% to 3%. However, US resilience has come under pressure, particularly in the labour market of…
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People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
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Read More »Dollar to remain elevated in spite of rate cuts
Original source: https://www.investing.com/news/stock-market-news/dollar-to-remain-elevated-in-spite-of-rate-cuts-3586050
Read More »Gold prices rise as US Dollar tumbles after Powell’s speech
Gold price edges up over 1% on Friday as the Greenback and US Treasury bond yields dive following dovish remarks from Federal Reserve Chair Jerome Powell, who signaled he’s confident…
Read More »Forexlive Americas FX news wrap: USD falls as Powell pleges “everything we can” for jobs
Powell at Jackson Hole: The time has come for policy to adjust BOE’s Bailey: Market events like two weeks ago will happen, test is whether more triggered Fed’s Goolsbee: We…
Read More »USD/JPY nudges back above 146.00 mark in back and forth trading today
The bounce comes as buyers look to be holding at the 145.00 mark, at least for the time being. That being said, even with the push back above 146.00, it…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.1317 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
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