Japanese Yen (USD/JPY) Nearing a 33-Year High on Further Stimulus Talk

[ad_1] Japanese Yen Prices, Charts, and Analysis The USD/JPY line in the sand has been crossed FOMC decision will steer USD/JPY in the short-term Recommended by Nick Cawley Get Your Free JPY Forecast The Japanese Yen is less than one point away from trading at its weakest level against the US dollar in over thirty-three

Hang Seng Index (HSI) Rallies on China Stimulus While AUD Finds Support on CPI Data

[ad_1] Hang Seng Index, China, HSI, PBOC, AUD/USD, AU CPI, Crude Oil – Talking Points Chinese bourses have been underpinned today by policy annoucements Australian 3Q CPI reaccelerated, lifting the prospect of an RBA rate hike The Hang Seng index rallied but some technical hurdles lie ahead Recommended by Daniel McCarthy Traits of Successful Traders

Euro strengthens against dollar amidst dovish Fed comments and anticipated Chinese stimulus By Investing.com

[ad_1] © Reuters. On Wednesday, the euro appreciated against the U.S. dollar, influenced by a decrease in Treasury yields following dovish comments from Federal Reserve officials and anticipated Chinese stimulus measures. Atlanta Federal Reserve President Raphael Bostic, speaking at the American Bankers Association, expressed that no further interest rate hikes were necessary. This statement led

AUD/USD reaches two-week high on Chinese stimulus and upbeat data By Investing.com

[ad_1] The currency pair has been climbing for the second consecutive day, reaching a nearly two-week high during Friday’s Asian trading session. The pair’s increase is largely attributed to optimism over additional stimulus from China and positive Chinese economic data. China’s National Bureau of Statistics (NBS) reported that the country’s August retail sales grew by

Modest Chinese Stimulus Triggers Demand Concerns

[ad_1] Oil (Brent Crude, WTI) Analysis China crucial to oil demand outlook, data sensitivity expected Brent crude oil and WTI eas ahead of EIA storage data and Jackson Hole IG client sentiment briefly shifted net long – complicating the outlook The analysis in this article makes use of chart patterns and key support and resistance

PBOC member urges stimulus to boost consumption

[ad_1] PBOC monetary policy maker Cai Fang has published a letter calling for urgent consumer stimulus: If the household budget curve is not repaired in time, the lack of confidence in residents’ consumption may turn from short-term behavior to long-term behavior. This long-term behavior means entering the so-called “balance sheet recession”. For the new normal