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Tokyo’s markets reopened on Tuesday after a long weekend, but traders appeared hesitant to push the yen back toward the strong 140 per dollar mark. Earlier, low liquidity had driven the yen briefly beyond this level. -vtmarkets.com
Gold prices surged to new record highs on Monday as a weakening dollar and mounting expectations for a large interest rate cut by the U.S. Federal Reserve drove market demand. -vtmarkets.com
The dollar weakened further on Monday, reaching 139.58 yen as investors grew increasingly confident that the Federal Reserve might implement a larger-than-expected rate cut later this week. This recent dip marks a continuation of the dollar’s retreat from 140.285 yen, …
With Google beginning its next antitrust trial on Monday, we believe this series of legal challenges could potentially reshape its business. We also take a look at the US Federal Reserve’s much-anticipated FOMC meeting and what to expect from it …
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