An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US Consumer Price Index (CPI) release, prompting the US dollar to pare its earlier losses. Both headline and core US CPI surprised on the downside, which will likely provide grounds for the Fed to
The FOREX markets are quiet in the Asia-Pacific session. Japan is on holiday contributing to the lackluster price action. Yesterday’s US CPI data whipped traders around as well as the initial reaction was to the downside in the greenback, and then reversed back to the upside with the rise in US rates However in the
Japanese Yen, USD/JPY, US Dollar, BoJ, Intervention, YCC, JGB, Yield Spreads, Daly – Talking Points USD/JPY is eyeing new highs after stretching north this week The BoJ is on traders’ minds, but intervention may not be seen The Fed is forecast to be on hold, but if Treasury yields gain, will it boost USD/JPY? Trade
© Reuters. Investing.com — Most Asian currencies rose slightly on Wednesday, recovering a measure of recent losses as worsening risk appetite favored the dollar, while the Chinese yuan rose in volatile trade after weak inflation data. The dollar fell slightly in Asian trade, but was sitting on strong gains so far this week as weak
Share: EUR/USD stabilizes after reversing from two-week high, prods two-day uptrend. US inflation data came in mixed for July but Fed policymakers throw advance party. ECB Economic Bulletin cites lack of clarity with downbeat tone. More clues of US inflation eyed for clear directions of Euro. EUR/USD lacks clear directions around 1.0980-85 during
USD/ZAR Analysis Chinese woes impact rand valuations as South African Reserve Bank keeps rates on hold in July ZAR receives slight reprieve as US inflation posts modest rise USD/ZAR long-term trend remains unopposed The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive
Prior month 1.6% New Zealand FPI index for July -0.5% This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز
Gold, XAU/USD, CPI, Trendline Breakout – Precious Metals Briefing: Gold prices sink in the aftermath of US inflation data Longer-term Treasury yields outpaced the front-end This will continue making life difficult for XAU/USD Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices weakened in the aftermath of US inflation data on Thursday, reversing
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© Reuters. FILE PHOTO: A vendor counts Russian rouble banknotes at a market in Saint Petersburg, Russia July 9, 2023. REUTERS/Anton Vaganov/File Photo By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) – Russia effectively abandoned its budget rule on Wednesday as the central bank said it would stop conducting finance ministry foreign currency purchases from Aug. 10
