Stay on top of your trading with analyses of the latest market news.
Key Points: Bank of Japan (BOJ) board member Seiji Adachi signals possible policy action if the Japanese yen falls excessively. Underlying inflation continues to trend toward 2%. BOJ to adjust monetary support based on economic, price and financial developments. On …
Key points: Dollar index (DXY) remains flat just above 104.50 EUR/USD and GBP/USD fail to break key levels U.S. consumer confidence rises unexpectedly in May The dollar showed little direction on Wednesday, despite the rise in the U.S. Conference Board’s …
Key points: Indonesia rupiah hits weakest since early May Most Asian equities in the red Vietnam’s annual inflation accelerates The Indonesian rupiah and the Philippine peso were the biggest losers among Asian currencies on Wednesday. The upward movement in U.S. …
Key points: Copper prices increase on expectations of stronger demand from China. LME copper rose 0.5% to $4.79 per pound while SHFE copper gained 0.3% to $5.32 per pound. Recent US dollar stability and rising inventories in China limited the …
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