EUR Weakens on German GDP

EUR/USD ANALYSIS Mixed euro area inputs are providing no firm guidance as to the path forward. German Ifo business climate report and ECB officials under the spotlight. EUR/USD consolidating in anticipation of fundamental catalysts. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights

Asia FX weakens, dollar creeps higher before inflation data By Investing.com

© Reuters Investing.com– Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the path of monetary policy. Concerns over China also weighed on regional sentiment, as data showed a further slowdown in in the country through October. This saw the fall

Peso weakens after Banxico maintains interest rates

The Bank of Mexico chose to keep its highest benchmark policy rate at 11.25%, as expected, at its November 2023 meeting. This decision, the fifth consecutive pause, follows a series of 15 rate hikes since June 2021. Although annual headline inflation eased slightly in October to 4.26% from 4.45% in September, it remains high. Inflation

Asia FX weakens, yen on intervention watch after breaching 150 By Investing.com

Investing.com– Most Asian currencies fell on Thursday as concerns over higher U.S. interest rates pushed up the dollar and Treasury yields, with traders now watching for any Japanese government intervention after the yen slid to a one-year low.  Dollar at near two-week high amid Fed jitters The and both rose 0.2% in Asian trade, hitting

NVDA weakens as Washington seeks to limit Chinese access to AI chips

Share: Nvidia stock sells off at the beginning of Friday’s session. President Joe Biden’s administration intends to bar foreign units of Chinese companies from accessing Nvidia’s H100 and A100 GPUs. NVDA stock has been rising for more than three weeks now. Chinese companies have been remotely accessing AI chip technology, according to Reuters.