Market remains bullish, and metals are neutral + (NVDA & SPCX Hype)
First, happy Memorial Day weekend to our American followers! I hope everyone has a great long weekend. Taking a look at the markets this morning, equities are slightly higher, the…
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 »Stocks climb, dollar near six-week high amid Iran talks uncertainty
Original source: https://www.investing.com/news/stock-market-news/stocks-rise-dollar-at-sixweek-high-as-focus-remains-on-usiran-talks-4705701
Read More »Indian Rupee extends recovery as US-Iran deal optimism builds pressure on oil price
The Indian Rupee (INR) extends its recovery against the US Dollar (USD) on Friday. The USD/INR pair slides to near 95.90 as weakness in oil prices due to intensified optimism…
Read More »US Dollar: Long-end selloff and Fed focus – TD Securities
TD Securities’ Global Strategy Team notes a sharp bear steepening in US yields, with 30-year rates holding above 5% for four consecutive days for the first time since 2007. Markets…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.8086 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »BlackRock weighs multibillion-dollar investment in SpaceX IPO, the Information reports
Original source: https://www.investing.com/news/stock-market-news/blackrock-weighs-multibilliondollar-investment-in-spacex-ipo-the-information-reports-4694472
Read More »investingLive Americas FX news wrap 15 May: Powell exits as inflation fears roar
US major indices close lower. Declines today erase the week’s gains. Powell exits after one of the wildest Fed eras in history Gold tumbles lower today on the back of…
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