The Japanese yen is the main mover in the major currencies space so far today. The post-BOJ fallout in the yen continues and we're seeing USD/JPY race higher to above 151.50 currently. Besides that, the dollar remains largely steady as the focus and attention turns...
Bitcoin falls further with another test of $60,000 in sight
It has not been a good last one week for cryptocurrencies and the retracement lower in Bitcoin is a big part to do with that. The price of Bitcoin has now dropped just below $61,000 on the day as the selling pressure intensifies. All eyes are now on the $60,000 mark...
USD/JPY looks to last year’s high as the yen stays under pressure
USD/JPY daily chartIt's not going according to plan for yen bulls to say the least. USD/JPY is now up another 0.5% today to 151.55 now, its highest level since November last year. The pair now looks poised to take a run at the high last year at 151.90 next. The rise...
ForexLive Asia-Pacific FX news wrap: USD/JPY rises to 151.30
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
FOMC preview – shift to projection for two rate cuts for 2024 from 3 is a “close call”
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Ether ETFs Likely Won’t Get Approved in May
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
“How the BOJ’s plan for a smooth exit from negative rates unraveled”
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
FOMC preview – a 25% to 30% chance of the Fed signaling only two rate cuts in 2024
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOJ Policy Doesn’t Bring Positive Impact to Yen
Although the BOJ ended negative interest rates, this did not indicate a hawkish stance, but rather a dovish rate hike. USDJPY on Tuesday [19th Mar] was up +1.17%. The yen fell to a 4-month low against the dollar based on dovish comments from BOJ Governor Ueda, who...
China sets 1 and 5 year LPR rates unchanged, as expected
1-year Loan Prime Rate 3.45%expected and prior of 3.45%5-year Loan Prime Rate 3.95%expected and prior 3.95%the 5-year was cut in February: PBoC’s largest 5 year LPR rate cut ever. The 5-year is a benchmark for mortgage rates in China and a big part of the reasoning...
PBOC sets USD/ CNY mid-point today at 7.0968 (vs. estimate at .71967)
The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading...
Morgan Stanley Wealth Management cite BOJ tightening pivot as a risk to US equites
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
[3월, 전국민 5만원!! 최대 50% 지원.. 이렇게 받으세요!! ]#3.1경제독립tv
https://www.youtube.com/watch?v=rEmt5jx2SZA [3월, 전국민 5만원!! 최대 50% 지원.. 이렇게 받으세요!! ]#3.1경제독립tv [3년뒤 10억부자 3.1경제독립tv필독추천영상] [1]정기예금 꼭~이렇게 가입하세요~ 이자 40만원~100만원! 더 받아요! https://youtu.be/6U8BR4kcPAo [2]통장에 이 돈 당장 빼세요! 만65세, 기초연금탈락! 통장에 얼마 있으면 못받나?...
Estimates are that drone strikes have taken out 900,000 bpd Russian oil refining capacity
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
PBOC is expected to set the USD/CNY reference rate at 7.1967 – Reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate...
USD/JPY above 151.00
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Federal Open Market Committee (FOMC) preview: the clear risk is it defers cuts
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
FOMC preview – we’ll get hints on 3 or 2 cuts ahead this year
In Deutsche Bank's preview of today Federal Open Market Committee (FOMC) meeting analysts at the bank say they are expecting "only minor revisions to the meeting statement that saw an overhaul last meeting."With regards to the SEP, the growth and unemployment...
China and Australia foreign ministers met – China says the two economies are complementary
Chinese Foreign Minister Wang Yi met with Australia's Foreign Affairs Minister Penny Wong. Comments from the Chinese side: The economies of China and Australia are highly complementary and have great potentialStressed that since China-Australia relations are on the...
Fed Seen Holding Rates Steady; Policy Outlook to Drive Markets, US Dollar
Most Read: Japanese Yen Outlook & Market Sentiment: USD/JPY, EUR/JPY, GBP/JPYThe Federal Reserve will release its March monetary policy announcement on Wednesday. Consensus estimates overwhelmingly suggest that the institution led by Jerome Powell will hold its...