AVATAR TRADING HOUES The foreign exchange (Forex or FX) market is a global financial marketplace where currencies are traded around the clock. It’s the largest and most liquid market in the world, with a daily trading volume exceeding $6 trillion. Understanding the intricacies of the Forex market is essential for traders and investors. In this
© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – A former top Japanese financial official said on Wednesday yen weakness might be caused not only by interest rate differentials between Japan and the United States
© Reuters. FILE PHOTO: Japanese Finance Minister Shunichi Suzuki speaks during the presidency press conference at the G7 meeting of finance ministers and central bank governors, at Toki Messe in Niigata, Japan, Saturday, May 13, 2023. Shuji Kajiyama/Pool via RE TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday there were many factors to
Share: Silver’s price plunged amid renewed downward pressure on Gold. Economists at ANZ Bank analyze XAG/USD outlook. A disconnect between price and fundamentals We believe Silver’s supportive fundamentals should come into play once manufacturing activity recovers in China and other developed markets. Investment demand has been lacklustre since 2022 despite strong fundamentals. This
As we noted in our Fundamental Analysis today, data on GDP, the labor market, and inflation are the determining factors for the Fed when planning monetary policy parameters. If the official employment data due on Friday (at 12:30 GMT) also turns out to be strong, Fed officials will have an additional argument in favor of