MARKET NEWS
Japanese Yen Stays on Defensive, Hovering Near 156.00 Against the US Dollar
Japanese Yen Stays on Defensive, Hovering Near 156.00 Against the US Dollar The Japanese Yen (JPY) continues to weaken against the US Dollar (USD), marking its fourth consecutive day of losses on Thursday, as it dips below the 156.00 level for the first time since July. Despite a notable increase in Japan’s Producer Price Index
Read moreGold Price Eases as USD Strength Weighs Ahead of Key US CPI Release
Gold Price Eases as USD Strength Weighs Ahead of Key US CPI Release Gold (XAU/USD) has trimmed part of its modest intraday recovery gains but continues to hold above $2,600 in early European trading on Wednesday. Investors’ cautious sentiment around US President-elect Donald Trump’s potential trade tariffs and their impact on global markets has led
Read moreJapanese Yen Continues Consolidation Against USD Amid Mixed Signals
Japanese Yen Continues Consolidation Against USD Amid Mixed Signals The Japanese Yen (JPY) remains directionless, fluctuating between small gains and losses against the US Dollar (USD) as the European session begins on Tuesday. Investors appear increasingly skeptical about the Bank of Japan’s (BoJ) capacity for further monetary tightening, given Japan’s current political landscape. The October
Read moreGold Price Pressured Near Daily Low Amid Trump-Driven USD Strength
Gold Price Pressured Near Daily Low Amid Trump-Driven USD Strength Gold (XAU/USD) continues last week’s slide, facing additional selling pressure for a second day on Monday amid a robust US Dollar (USD) outlook. Optimism over US President-elect Donald Trump’s anticipated expansionary policies has bolstered the USD, pushing it near a four-month high reached last week,
Read moreJapanese Yen Stabilizes Against USD Amid Mixed Market Signals
Japanese Yen Stabilizes Against USD Amid Mixed Market Signals The Japanese Yen (JPY) remains range-bound against the US Dollar (USD) on Friday, fluctuating between slight gains and losses in early European trading. Despite recent verbal intervention from Japanese authorities to support the JPY, skepticism around the Bank of Japan’s (BoJ) ability to implement further rate
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