USD/JPY ANALYSIS & TALKING POINTS Japanese inflation keeps pressure on BoJ to shift policy. Strong emphasis on US economic data that includes core PCE. Upside risks remain despite solid start to the week for the yen. Supercharge your trading prowess with an in-depth analysis of the Japanese Yen outlook, offering insights from both fundamental and
© Reuters. FILE PHOTO: A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. Picture taken August 28, 2018. REUTERS/Marcos Brindicci By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November, but private
Share: Indian Rupee loses ground on the renewed US Dollar demand on Monday. The Reserve Bank of India (RBI) anticipated a 6.5% expansion in the Indian economy from July to September. Indian GDP data (Q2) and US growth numbers (Q3) will be the highlight this week. Indian Rupee (INR) edges lower on Monday
There isn’t much on the data docket to kick things off in the new week in European trading later. The dollar is trading more mixed on the day, with USD/JPY having earlier touched a low of 148.90 before holding around 149.15 currently – still down 0.2%. But commodity currencies are marginally lower against the greenback,
© Reuters. Investing.com– Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders hunkered down before a string of key economic readings due this week. Mixed signals from China weighed on sentiment, as data showed a sustained, albeit narrowing decline in . Top Chinese government officials called on Beijing to unlock more
Share: NZD/USD loses momentum above the mid-0.6000s on Monday. Reserve Bank of New Zealand (RBNZ) is anticipated to hold the Offical Cash Rate (OCR) at 5.50% on Wednesday. US S&P Global Manufacturing PMI dropped to 49.4 vs. 50.0 prior, below the market consensus. RBNZ interest rate decision and US Gross Domestic Product (GDP)
ICYMI – Liu Chong, chairman of Shanghai and Hong Kong listed Cosco Shipping Development Co. Ltd., has been detained by authorities for investigation. Chinese media had the report over the weekend. Details are sparse: COSCO Shipping Development, the finance and leasing arm of the world’s largest shipowner, COSCO, said in a filing earlier this week
Share: Gold price gains ground for the third session on subdued US Dollar. Yellow metal may receive support on the positive sentiment as PBoC boosts financial support for private firms. Fed officials favor further tightening and emphasize that decisions will be contingent on incoming data. Gold price trims some of its intraday gains
China’s health Ministry says that the @page { size: 21cm 29.7cm; margin: 2cm } p { line-height: 115%; margin-bottom: 0.25cm; background: transparent } surge in respiratory illnesses across China that has drawn the attention of the World Health Organization is caused by the flu and other known pathogens and not by a novel virus. Related
Share: USD/JPY keeps the range-bound theme unchanged around 149.50 in early Monday. The less hawkish stance from the Federal Reserve (Fed) weighs on the Greenback. Japan’s National Consumer Price Index (CPI) for October rose by 3.3% YoY vs. 3.0% prior. The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during
