Japanese Yen and Nikkei 225 Tank as US Dollar Re-Asserts Itself. New USD/JPY Highs?

[ad_1] Japanese Yen, USD/JPY, US Dollar, Fitch, Nikkei, BoJ, BoE, Crude Oil, WTI – Talking Points Japanese Yen support wilted along with JGBs after US Dollar resumed rallying The markets are reappraising positioning with Treasury yields climbing again Risk assets remain under pressure. If that continues, will USD/JPY break 145? Trade Smarter – Sign up

Asia FX weakens as strong payrolls buoy dollar past Fitch downgrade By Investing.com

[ad_1] © Reuters. Investing.com — Most Asian currencies retreated on Thursday, while the dollar rose after stronger-than-expected payrolls data helped overcome concerns over a U.S. rating downgrade by Fitch. Markets remained largely risk-averse after the Fitch move, which kept Asian units under pressure and spurred more safe haven demand for the greenback. Risk-heavy currencies such

EUR/USD seen falling to 1.08 on a three-month perspective – Rabobank

[ad_1] Share: Analysts at Rabobank see the US Dollar appreciating against the Euro and the Pound over the next few months. They point out that the relative resilience of the US economy suggests that it will be some time before monetary policy is eased. Key quotes:  “Fitch’s decision to downgrade the US credit

Apple share slump weighs on the broader market

[ad_1] This bull market started with tech and it might die with tech. Amazon shares surged higher today on strong cloud revenue but Apple posted slowing sales, including of the iPhone and that has led to a heavy round of profit taking. Shares are down 4.6%. The entire summer run-up in Apple has now been

FTSE 100, Dax and Nasdaq 100 Move Cautiously Higher​​​​

[ad_1] Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100, Prices, Analysis and Charts ​​​FTSE 100 claws its way back from Thursday lows ​Thursday witnessed an impressive recovery from the lows of the session for the index. ​Having slumped briefly to a three-week low the price has now rebounded. A

Dollar gains on strong jobs data; Sterling awaits BOE meeting By Investing.com

[ad_1] © Reuters. Investing.com – The U.S. dollar rose in early European trade Thursday, continuing the previous session’s positive tone as strong private payrolls data overshadowed Fitch’s downgrade of its U.S. sovereign rating. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at

NZD/USD recovers following mixed NFPs from the US

[ad_1] Share: NZD/USD jumped above the 0.6100 threshold but is poised to close a third consecutive weekly loss. Headline NFPs came in lower than expected, while wages increased in July. The focus is set on next week’s CPI figures from July. At the end of the week, the NZD/USD rosed but will close

GBP/USD and EUR/GBP After BoE Hike

[ad_1] GBP/USD and EUR/GBP Analysis and Charts GBP/USD is down one cent over the week in thin trade. EUR/GBP remains rangebound. Recommended by Nick Cawley How to Trade GBP/USD UK Breaking News: BoE Hikes by 25bps to 15-Year High The Bank of England raised interest rates by 25 basis points on Thursday, in line with

Fed still on track for a September hike after non-farm payrolls – CIBC

[ad_1] CIBC continues to believe the Federal Reserve will raise rates by 25 basis points once again in September. The below consensus hiring and past downward revisions suggests that the labor market is coming into better balance. Still, the drop in the unemployment rate and solid wage growth will keep the Fed on track for