© Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The yen rose slightly on Wednesday, moving away from the closely watched 150 per dollar mark, after
Share: DXY comes under pressure following recent peaks. A move to 108.00 still appears in store near term. DXY faces some selling pressure after climbing to new 2023 tops in the 107.30/35 band on Tuesday. In light of the ongoing price action, extra gains appear likely in the dollar for the time being.
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Euro Price Setups: EUR/USD, EUR/GBP, EUR/JPY EU PMI data shows modest improvement but demand hampers growth EUR/USD: Treasury yields outpace Bund yields, ECB more likely to have peaked EUR/GBP: Mean reversion in focus as bullish potential fades EUR/JPY: FX intervention speculation stokes yen volatility The new quarter brings new possibilities for the euro. Find out
Yesterday at 08:30 am ET (New York Time), JOLTS job openings for August again showed an incredibly buoyant labour market with 9.61m new available vacancies versus the 8.8m analysts were expecting. Even though the main target is inflation, this is not what the Fed wants to see and the voice saying ”higher for longer” immediately
The greenback is sitting lower on the balance of things now, with EUR/USD up 0.3% to 1.0500 and GBP/USD up 0.4% to 1.2125 on the day. It comes as the bond rout is seen cooling in European trading, with 10-year Treasury yields now at 4.81% after having touched 4.88% at the start of the session.
Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar on course for worst week since mid-June Retail traders continue to build increasingly bullish exposure AUD/USD breaks under key support, more pain to come? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is on course to drop about
GOLD OUTLOOK & ANALYSIS Higher US Treasury yields add to gold pains. ADP employment change, ISM services PMI and Fed speakers under the spotlight today. Oversold RSI a sign of gold upside to come? Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices are trading lower for the 8th consecutive
EA:SM01ForexAVX512FMA3 predicted: For Buy: and
© Reuters. FILE PHOTO: A Taiwan dollar note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo TAIPEI (Reuters) -Taiwan’s central bank will intervene in the foreign exchange market if there are “extreme” fluctuations to maintain financial stability, its governor Yang Chin-long said on Wednesday. With the island’s export-dependent economy facing headwinds
