[ad_1] Investing.com– Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for an early interest rate cut in 2024, which put the dollar near four-month lows. The was the best performer for the day, rallying nearly 1% after the Reserve Bank of New Zealand , but flagged
[ad_1] GBP/USD Analysis and Charts Better than expected PMI data underpins Sterling’s recent rally. Cable (GBP/USD) prints a fresh 10-week high. For all market-moving economic data and events, see the DailyFX Calendar The latest UK S&P Global PMIs beat both last month’s prints and expectations earlier today, with the all-important services sector leading the way.
[ad_1] Share: USD/JPY extends its rally for the fifth day, flirting with the 151.00 level, driven by rising US Treasury yields and Fed Chair Powell’s inflation concerns. Market sentiment shifts following the University of Michigan data, indicating lower confidence in the economic outlook and persistent inflation fears. Japanese Yen’s further decline is tempered
[ad_1] GBP/USD Analysis and Chart UK data helping to underpin Sterling. US dollar nudging lower but bond yields remain near multi-year highs. Download the Brand New British Pound Q4 Guide Below Recommended by Nick Cawley Get Your Free GBP Forecast The final UK S&P services and composite readings for September beat original forecasts and came
[ad_1] © Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Elizabeth Howcroft LONDON – The U.S. dollar was just below a six-month high in early European trading on Friday, having strengthened overnight following U.S. economic data, while the yuan got a boost from better-than-expected
[ad_1] Australian Dollar, AUD/USD, China, HSI, CSI 300, BoJ, Ueda, USD/JPY, Euro – Talking Points The Australian Dollar nudged north on Monday on improving risk appetite China cut the cost of transacting on stocks but then put the brakes on its IPO market With Jackson Hole out of the way, markets might look to the
