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USD/JPY stays steady at around 149.50 amid rising US bond yields, risk-on mood

Share: USD/JPY trades around 149.52, marking a slight gain of 0.02% from Monday. US 10-year Treasury bond yield climbs nine basis points to 4.70%, despite Philadelphia Fed Harker dovish comments. Japanese economic data to feature Balance of Trade; Yen watches for intervention threats. USD/JPY fluctuates at around 149.52 as Tuesday’s Asian session begins

AUD/USD Rallies Off Support but Trend Remains Bearish

AUD/USD OUTLOOK: AUD/USD rebounds following last week’s sell-off The rally in U.S. equities boosts appetite for riskier currencies Despite today’s moves in FX markets, geopolitical tensions in the Middle East create a challenging backdrop for the Australian dollar Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the

Eyes top of Ichimoku cloud on risk-appetite, buyers target 158.00

Share: EUR/JPY trades with a 0.47% gain, bouncing from daily lows of 156.98. Technical indicators suggest potential upward movement, targeting the October 12 high. A successful breach of the Kumo top could pave the way to the YTD high of 159.76. The EUR/JPY pair tests the top of the Ichimoku Cloud (Kumo), at

Bitcoin Spikes to a High of $29900 on False ETF Approval News

BITCOIN, CRYPTO KEY POINTS: Fake News Blunder of ETF Approval Sends Bitcoin into a Frenzy. A Large Portion of Gains Have Since Been Wiped Away. Binance to Stop Accepting New UK Clients Today as it Searches for Partner Authorized by the FCA to Approve Ads. Today’s Brief Spike a Sign of the Potential Rally Which

Lagarde: The ECB is watching oil for inflation risks

Geez, Janet Yellen is short The European Central Bank is eyeing energy prices and fallout from the Israel-Hamas conflict, President Christine Lagarde told euro-area finance ministers, according to people familiar with the matter cited by Bloomberg. WTI crude oil is down 72-cents today to $86.97. It was around this time two years ago that Lagarde