Tag Archives: Yen
Australian and New Zealand dollars hold ground as risk sentiment stabilises
The Australian and New Zealand dollars saw a lift on Thursday, as a rebound in global stock markets and the anticipation of a European Central Bank (ECB) rate cut helped stabilise risk sentiment. -vtmarkets.com
Yen nears a 5-week high as traders focus on the U.S. presidential debate and inflation report
The yen held close to a five-week high on Wednesday, with USD/JPY at 142.18. The dollar was down 0.2% in early trading, and traders are now focused on upcoming U.S. inflation data and the first U.S. presidential debate between Kamala Harris and Donald Trump. -vtmarkets.com
Japan’s Nikkei drops 3% as tech stocks track Wall Street’s decline
Key points: Japan’s Nikkei 225 index dropped 3.02% on Monday, falling to 35,292.62 as of 0050 GMT, dragged down by technology and financial stocks. The drop followed a similar sharp decline on Wall Street, where tech stocks had experienced broad sell-offs. This marks the first time since August 13 that the Nikkei has broken belowContinue Reading
USDJPY rallies as dollar gains fresh momentum over weaker yen
The USDJPY pair continues its upward trajectory as the dollar gains strength, despite flatlining inflation data. -vtmarkets.com
Dollar holds steady as markets anticipate U.S. payrolls report
The U.S. dollar stayed firm near a two-week high against the yen and euro on Tuesday, reflecting cautious investor sentiment ahead of an influx of economic data, including Friday’s highly anticipated U.S. payrolls report. -vtmarkets.com
Japanese yen slips as the U.S. dollar rebounds
The Japanese yen falls back, retreating from a three-week high as the U.S. dollar regains ground. Explore the factors influencing the movement of JPY and the potential trading opportunities ahead. -vtmarkets.com
Week ahead: Core PCE data takes center stage
If the Core PCE Index comes in higher than expected, it could trigger a significant market reaction, as it would suggest that inflationary pressures are more persistent than previously thought.
Japanese yen gains strength on Fed rate cut expectations
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.
U.S. dollar steady as markets await FOMC minutes and Powell’s remarks
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 of U.S. interest rates.
Nikkei continues the rally on strong US retail sales data
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.
