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Tag: JPY

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U.S. Dollar Gains Traction Amidst Rising Yields; Euro Awaits Inflation Indicators

In early European trading on Wednesday, the U.S. dollar displayed upward momentum, bolstered by increasing expectations that the Federal Reserve will postpone interest rate...

Australia Stocks Close Lower; S&P/ASX 200 Down 0.28% as Industrials and Utilities Weigh

Australia's stock market closed lower on Tuesday, with the S&P/ASX 200 index slipping by 0.28%. The downturn was attributed to declines in the Industrials,...

What is considered a good spread in forex?

In the world of forex trading, spreads play a crucial role in determining the cost of trading and the potential profitability of a trader's...

Global Markets Await U.S. Inflation Data: Dollar Holds Steady Amidst Thin Trading

The global currency markets maintained a cautious stance on Monday, with most European and Asian currencies trading in a narrow range, while the US...

Australia Stocks Lower at Close of Trade; S&P/ASX 200 Down 1.08%

May 24, 2024 - Australia stocks closed lower on Friday, with losses in the Consumer Discretionary, A-REITs, and IT sectors leading shares downward. At the...

Japan Stocks Lower at Close of Trade; Nikkei 225 Down 1.27%

May 24, 2024 - Japan stocks closed lower on Friday, with losses in the Shipbuilding, Steel, and Gas & Water sectors leading shares downward. At...

BofA Forecasts EUR-USD to Reach 1.12 by Year-End, Exceeding Consensus

Bank of America (BofA) has unveiled its currency market forecast, predicting the EUR-USD exchange rate to hit 1.12 by the close of 2024. Analysts...

Asia FX Subdued, Dollar Stable Ahead of Further Fed Guidance; Yen Remains Vulnerable

Most Asian currencies experienced slight weakness on Monday, while the dollar maintained stability as traders eagerly awaited additional signals regarding interest rates from the...

Australia’s S&P/ASX 200 Index Slips 0.85% Amid Declines in IT, Healthcare, and A-REITs Sectors

Australia's stock market witnessed a downturn as losses in the IT, Healthcare, and A-REITs (Australian Real Estate Investment Trusts) sectors dragged shares lower on...

Japan’s Nikkei 225 Falls 0.40% as Power, Retail, and Real Estate Sectors Dip

Japan's stock market witnessed a downturn on Friday's close, with losses in the Power, Retail, and Real Estate sectors leading shares lower. The Nikkei 225...

Asia FX Gains Ground as CPI Data Weakens Dollar, Fuels Rate Cut Speculation

Most Asian currencies saw gains on Thursday following softer U.S. consumer inflation readings that pushed the dollar to a one-month low, prompting traders to...

Japan Stocks Higher at Close of Trade; Nikkei 225 Up 1.41%

Japan stocks ended the trading session on Thursday on a positive note, with gains seen in the Manufacturing, Mining, and Precision Instruments sectors leading...

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