Australian Dollar, AUD/USD, US Dollar, Treasury Yields, ACGB, DXY Index – Talking Points The Australian Dollar steadies as risks swirl for markets The US Dollar has been underpinned by firm Treasury yields Markets appear poised for a busy week. Will AUD/USD recover from the lows? Recommended by Daniel McCarthy Get Your Free AUD Forecast The
It’s not often you see gold up $60, oil up $4, bonds bid and equities beaten up. Generally when it happens, it comes with something geopolitical that was unexpected. That kind of move made sense Monday as the full breadth of the slaughter in Israel was coming into focus. However just hours after the market
In this video, I outline the key technical levels in play for the EURUSD as we end one week, and look to the next. The bias is more to the downside, thanks to a run higher in the USD on Thursday in Friday. Today, the price moved into a swing area between 1.0483 and 1.0500.
© 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
© Reuters. Japan’s new Chief of Cabinet Secretary Matsuno Hirokazu announces new cabinet members at a news conference in Tokyo, Japan October 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday the government would continue to monitor currency moves with “a high sense of urgency”. He also
© Reuters By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Friday Japanese authorities have set no “defence line” in dealing with currencies, while also warning the yen’s weakness had progressed “quite a bit”. Suzuki reiterated that they would not rule out any option if moves become excessive. The weak yen is
The GBPUSD moved above its 100-hour moving average yesterday after trending lower for the 1st half of the trading week. The move back above the 100-hour moving average give the buyers the go-ahead to push higher toward the 200-hour moving average. In trading today after testing that moving average on the first test in the
2/2 © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo 2/2 By Tetsushi Kajimoto TOKYO (Reuters) -Japanese authorities are always in close communication with U.S. counterparts on currencies and share a mutual understanding that excessive
Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda. He is the guy who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan’s ‘top currency diplomat’. Making some verbal intervention remarks: Dealing appropriately with FX moves Closely communicating with us, overseas FX authorities Closely watching FX moves
Share: AUD/USD continues with its struggle to gain traction on Tuesday and remains confined in a range. The September RBA meeting minutes fail to impress traders or provide any meaningful impetus. Subdued USD price action lends some support as traders move to the sidelines ahead of the FOMC. The AUD/USD pair extends its
