[ad_1] © Reuters. Investing.com– Most Asian currencies moved little on Friday, but stemmed some recent losses as the dollar came off 10-month highs and Treasury yields stalled before key U.S. inflation data due later in the day. Regional currencies were battered by a spike in the dollar and Treasury yields this week, after hawkish signals
[ad_1] Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices extend losses on rising Treasury yields Retail traders are becoming even more bullish XAU With prices extending the downtrend, what are key levels ahead? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices have been sinking in recent days, succumbing to
[ad_1] EUR/USD PRICE FORECAST: Most Read: Japanese Yen Outlook: USD/JPY, EUR/JPY Analyzed Post BoJ Minutes Release Are you a beginner trader looking for guidance? We have you covered with our free Forex for Beginners Course to download below. Recommended by Zain Vawda Forex for Beginners The Euro has defended the 1.0500 Psychological level against the
[ad_1] © Reuters. The U.S. dollar held its position near a 10-month high against a basket of major currencies on Thursday. The dollar’s strength was buoyed by optimistic U.S. economic data and anticipatory remarks from Federal Reserve officials. The , which measures the greenback against other major currencies, hovered around 106.58 after hitting an overnight
[ad_1] Share: During the Asian session, Japan will release critical economic reports including the September Tokyo Consumer Price Index, the August Unemployment Rate, Industrial Production, Retail Sales, and Housing Starts. In Australia, Private Sector Credit data is due. Later in the day, a new estimate of UK Q2 GDP and Consumer Credit will
[ad_1] © Reuters. Eisuke Sakakibara, also known as ‘Mr Yen’, has projected that Japan may intervene if the yen crosses the 150 mark against the dollar, with concerns escalating at a level of 155. Sakakibara, who is currently leading the Institute for Indian Economic Studies, expressed these views on Thursday. Sakakibara went on to suggest
[ad_1] US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: EUR/USD is testing key support, while GBP/USD has fallen under a vital floor. AUD/USD is back at the lower end of the recent range; USD/JPY eyes psychological 150.. What’s next for EUR/USD, GBP/USD, AUD/USD, and USD/JPY? Recommended by Manish Jaradi Improve your trading
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[ad_1] © Reuters. In the wake of the ongoing Ukraine war and subsequent sanctions, Russia’s adoption of the could potentially undermine long-term dollar dominance, according to Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development (EBRD). This shift is primarily attributed to the diversification of invoicing currencies. The statement was made on