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USD/JPY: Election review report delayed to early-September – OCBC
At Jackson Hole last weekend, Governor Ueda spoke about wage growth spreading from large enterprises to SMEs and barring a major negative demand shock, he expects labour market in Japan to remain tight and to continue to exert upward pressure on wages.
Fxstreet
Wed, Aug 27
TRY: Lira crosses 41 to the dollar even as FX deposit scheme axed – Commerzbank
USD/TRY breached the 41.0 level this week amid media and policymaker commentary about positive developments on the economic front. The lira exchange rate versus a 50-50 basket of USD and EUR is depreciating at faster than 40% annualised.
Fxstreet
Wed, Aug 27
EMERGING MARKETS-EM stocks, currencies slip; Nvidia results on tap
Polish govt says Ukraine bill veto may cost 8 bln zlotysEM stocks down 0.2% FX flatChina industrial profits fall again in JulyNvidia results due after US closeBy Pranav Kashyap Aug 27 (Reuters) - Most central and eastern European currencies were lower on Wednesday, while equities ticked up as cau...Reuters
Wed, Aug 27
FOREX-Dollar firms but worries linger over Fed independence
Trump's move to fire Fed governor sets up legal fight Dollar recoups losses but Fed independence worries lingerFrench political developments in focus for euroBy Rae Wee and Jaspreet Kalra SINGAPORE, Aug 27 (Reuters) - The dollar advanced against the euro and sterling on Wednesday but investor...Reuters
Wed, Aug 27
Silver Price Forecast: XAG/USD retreats below $38.50 amid a firmer Dollar
Silver’s (XAG/USD) accelerates its reversal from last week’s highs right above $39.00, to levels below $38.50, with bears testing support at Tuesday’s low of $39.35, amid a broad-based US Dollar strength on Wednesday.The US Dollar Index, which measures the value of the US Dollar against the world’s
Fxstreet
Wed, Aug 27
GBP/JPY rises to near 199.00 as BoJ rate cut bets ease
GBP/JPY gains ground after registering losses in the previous session, trading around 198.80 during the European hours on Wednesday. The currency cross appreciates as the Pound Sterling (GBP) receives support as traders expect the Bank of England (BoE) to avoid further rate cuts.
Fxstreet
Wed, Aug 27
USD/JPY retreats from 147.95 with Fed’s independence in question
The US Dollar pares gains after a three-day rally against the Japanese Yen, as investors ponder the consequences of US President Trump’s attempts to gain control of the Federal Reserve, and Governor Cook’s decision to sue the president.Trump’s unprecedented decision to oust Cook is just the latest eFxstreet
Wed, Aug 27
EUR/GBP softens below 0.8650 amid fears of French political crisis
The EUR/GBP cross trades in negative territory near 0.8630 during the early European session on Wednesday. The Euro (EUR) weakens against the Pound Sterling (GBP) amid French political uncertainty as French Prime Minister (PM) François Bayrou might lose a confidence vote on September 9.
Fxstreet
Wed, Aug 27
EUR/JPY Price Forecast: Strengthens above 171.50, further consolidation cannot be ruled out
The EUR/JPY cross gains traction to near 171.85 during the early European session on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the improved risk sentiment, which undermines the safe-haven currency.
Fxstreet
Wed, Aug 27
USD/JPY Price Forecast: Strives to break above 200-day EMA
The USD/JPY pair trades 0.4% higher to near 148.00 during the late Asian trading session on Wednesday. The pair advances as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding the Tokyo Consumer Price Index (CPI) data for August, which is scheduled to be released on Friday.Fxstreet
Wed, Aug 27
