In recent days, Goldman Sachs has been closely observing the erratic behavior of the currency pair, which has been characterized by abrupt fluctuations. The Japanese Yen (JPY) has been steadily depreciating against the US Dollar (USD) since the end of July, a trend that took a sudden turn on Tuesday when the pair spiked near
Are you an avid trader looking for an edge in the ever-changing landscape of the financial markets? If so, you’re likely familiar with the challenges posed by market volatility. To navigate this intricate terrain, traders often rely on technical indicators that offer insights into market trends. One such indicator that has gained prominence is the
Share: S&P 500 closes down at 4450.32, losing 1.22%, as Technology, Consumer Discretionary, and Energy sectors led the decline. Upbeat US economic data, including a rise in the Empire State Manufacturing Index, fuels optimism that the Fed may achieve a soft landing. US 10-year Treasury yields climb to 4.334%, adding to market jitters,
Share: Silver price volatility compresses near $23.00 while the US Dollar remains subdued. Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar. Silver price consolidates below the 61.8% Fibonacci retracement at $23.30. Silver price (XAG/USD) demonstrates a volatility squeeze near the crucial support of $23.00,
© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration By Ankur Banerjee SINGAPORE (Reuters) – A spurt in the U.S. dollar and China’s defence of the yuan are forcing Asian central banks to step up interventions in their weakening currencies, and one clear casualty is
Bitcoin (BTC) Prices, Charts, and Analysis: Cryptocurrency market capitalization loses $60 billion in minutes. Ethereum ETF, Grayscale ruling, Jackson Hole Symposium. Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading After weeks of listless trade and low turnover, volatility returned to the cryptocurrency market with a bang Thursday when the market slumped in