Search
News
Japanese Yen steadies as intervention risks rise, Fed hike bets ease
USD/JPY holds its position after experiencing volatility, trading around 161.10 during the Asian hours on Friday. The pair may depreciate as the Japanese Yen (JPY) could strengthen on rising speculation that Japanese officials are preparing another round of currency intervention.
Fxstreet
Fri, Jul 3
Asian stock markets rebound on weak US data, lower oil prices, KOSPI surges almost 6%
Asian stock markets reflect strong demand on Friday, as traders reconsidering hawkish Federal Reserve (Fed) bets and lower oil prices due to easing geopolitical woes have lifted demand for risk-sensitive assets.
Fxstreet
Fri, Jul 3
India's HSBC Composite PMI misses estimates in June: What 57.1 means for the Indian Rupee
The final reading of India's HSBC Composite Purchasing Managers Index (PMI) was revised down to 57.1 in June from the previous reading of 57.4, the latest data published by S&P Global and HSBC Bank showed on Friday. This figure came in worse than the estimates of 57.4.Fxstreet
Fri, Jul 3
Indonesian Rupiah declines as May's trade deficit suggests economic concerns
USD/IDR gains ground after registering minor losses in the previous day, trading around 18,000 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) holds its position despite a disappointing set of domestic labor data released on Thursday.Fxstreet
Fri, Jul 3
Chinese Yuan: Renminbi gains weaken undervaluation claims – BNY
BNY’s Geoff Yu argues that current CNY strength has strategic value as China boosts imports of semiconductors from Japan, South Korea and Taiwan. He notes that renminbi gains versus NA-3 (JPY, KRW ve TWD), USD and EUR weaken any U.S./EU case on Chinese currency undervaluation.
Fxstreet
Thu, Jul 2
Featured Tools
Top News
US Stocks Tumble as Nasdaq Drops Over 4%; Micron Plunges Over 12% on Fears Slowing AI Data Center Expansion Will Dent Infrastructure Demand
Nasdaq Drops Over 5%, Philadelphia Semiconductor Index Plunges 12% as Chip and AI Infrastructure Stocks Are Sold Off; Micron Falls 17%, Nvidia Drops 9%
Dow Surges 1,500 Points as Midterm Elections Ease Uncertainty; Tech Stocks Lead Gains, Memory Shares Sold Off; Amazon Rises 6%
US October Nonfarm Payrolls Preview: Can Employment Rebound? US Stocks, Dollar and Gold Face Key Test
Micron Stock Price Forecast: Plunges 25% in a Month to Lose $800 Mark, Faces Over 30% Further Downside
