The JPY gains strength against the U.S. dollar, supported by expectations of a Fed rate cut and robust Japanese economic data. Read more for insights on the monetary policy of BoJ.
The Nikkei 225 Index rebounded on Tuesday, closing 1.8% higher at 38,062.92, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a …
On Tuesday, the U.S. dollar hovered near its lowest point in seven months, driven by increasing expectations that the Federal Reserve may begin cutting interest rates as soon as next month.
The New Zealand dollar continued its recovery, as markets anticipate upcoming Federal Reserve rate cuts. Focus shifts to the FOMC Minutes and Powell’s speech at Jackson Hole for further guidance.
The Chinese yuan advanced on Monday, supported by a weakening U.S. dollar as the markets anticipate upcoming Federal Reserve rate cuts. However, weak Chinese economic data may limit further gains.
The U.S. dollar struggled to gain momentum on Monday, trading within a tight range against its major peers. Investors are holding their breath as they await key events later this week that could offer new insights into the future path …
Gold prices held close to record highs on Monday as growing optimism around a U.S. interest rate cut bolstered the metal’s allure. Spot gold edged 0.2% lower to $2,501.19 per ounce by 0042 GMT, just shy of Friday’s all-time high …
On Tuesday, August 20, the Canadian Consumer Price Index (CPI) is forecasted to rise by 0.40% month-over-month, a reversal from the previous decline of -0.10%. This data release could exert downward pressure on the USD/CAD if the pair has not …
Copper prices poised for first weekly gain in six weeks, driven by supply concerns at the Escondida mine in Chile and positive US economic data. Learn more.
The Japanese stock market index, Nikkei share average (Symbol: Nikkei225) climbed close to 3%, setting the stage for its best weekly performance in over four years.
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