Yomiuri (Japanese medi) with the report that Japan’s top business lobby, Keidanren, will discuss the potential negative impact of the yen’s weakness on the economy at its meeting next month, on December 4. Keidanren is comprised of major companies including big automakers and electronics firms. These have, in the past, favoured a weak yen and
AUD/USD ANALYSIS & TALKING POINTS Australian PMI’s concerning but encouraging news from China and a weaker USD keep the AUD elevated. Thanksgiving Day sees no additional high impact data scheduled for today. AUD/USD faces key resistance at 200-day MA. Elevate your trading skills and gain a competitive edge. Get your hands on the AUSTRALIAN DOLLAR
The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, dipped to -0.40% in October from -0.38% in September. Says WPAC: Economy set to remain stuck in ‘low growth rut’ well into next year. Range of
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Gold & silver prices rallied last week leaving technical signal in favor of additional upside as markets prepare for several Fed speakers throughout the week. لینک منبع : هوشمند نیوز
Share: EUR/USD gained more than 1% on Friday, rising near 1.0730. The USD, measured by the DXY index, will close with a 1.40% weekly loss. The dovish stance of the Fed and weak NFPs from October made the USD tumble. In Friday’s session, the EUR/USD soared to 1.0730, closing a 1.50% gaining week,
Share: EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as hiring slows and unemployment ticks up. Despite EU’s own economic slowdown, the Euro benefits from broad USD weakness and reduced rate hike bets. EUR/USD rallies during Friday’s
EUR/USD Forecast – Prices, Charts, and Analysis The Euro edges lower on weak PMI data.. Sliding US Treasury bond yields undermine the US dollar. Download our Latest Q4 Euro Forecast Below Recommended by Nick Cawley Get Your Free EUR Forecast The German economy remained in contraction territory for the fourth month in a row, according
© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Harry Robertson LONDON (Reuters) – The dollar rose on Tuesday after briefly falling to a one-month low on the back of a drop in U.S. bond yields, as weak economic data sent the euro sliding. Survey data
Share: Mexican Peso stays defensive, posting over 1% weekly loss vs. the US Dollar. August Retail Sales in Mexico show a mixed picture, with gains over the year but a monthly plunge and signs of deceleration. Geopolitical risks cap Peso’s gains, including tensions in the Middle East and US military base attacks. Mexican
