News
Important Only
US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports
Deficit rose by nearly 18% in Jan-Nov period compared to same period in 2023Vietnam's dong fell sharply from late Oct to lowest levels against dollarVietnam has fourth-largest surplus among all US trade partnersCommunist-run nation is major exporter to US, monitored over currency manipulation risks ...Reuters
Wed, Jan 8
Australian dollar plays defence as data stokes rate cut risk
Australian dollar pressured by slowdown in core inflationCentral bank may cut rates in February as inflation easesLabour market remains tight despite easing inflation By Wayne Cole SYDNEY, Jan 8 (Reuters) - The Australian dollar was back under pressure on Wednesday as data showing a slowdown in c...Reuters
Wed, Jan 8
COMMENT-USD/JPY range likely to continue to ratchet up
Jan 8 (Reuters) - USD/JPY remains bid and its range is likely to ratchet higher on fresh investment flows, the Bank of Japan potentially keeping rates on hold early this year, a strong U.S. economy and higher long-end Treasury yields.Admittedly, risks remain including the key U.S. December jobs repo
Reuters
Wed, Jan 8
Japanese Yen hangs near multi-month low against USD; seems vulnerable
The Japanese Yen (JPY) languishes near a six-month low against its American counterpart and seems vulnerable to prolonging a one-month-old downtrend amid uncertainty about the timing of the next rate hike by the Bank of Japan (BoJ).Fxstreet
Wed, Jan 8
Australian Dollar remains subdued despite a stronger monthly inflation
The Australian Dollar (AUD) remains subdued for the second consecutive session against the US Dollar (USD), with the AUD/USD pair holding losses despite stronger-than-expected monthly inflation data released on Wednesday.
Fxstreet
Wed, Jan 8
FOREX-Dollar follows yields higher on strong US data
Dollar/yen within striking distance of 160Inauguration and US labour data in focusAussie, kiwi, yuan face blowtorch from strong dollarBy Tom Westbrook SINGAPORE, Jan 8 (Reuters) - The dollar stood tall on Wednesday and the yen sagged close to levels that drew intervention last year after strong U...Reuters
Wed, Jan 8
BUZZ-USD/JPY bid again after swoon to 157.35 in London
USD/JPY bid again after swoon to 157.35 EBS in London tradingSpike up to 158.42 in New York, Asia so far today 157.99-158.23Market thin at times and choppy, affected by still strong US economic dataTalk US NFP Friday may come in strong too, +154k eyed, jobless 4.2%Japanese importer demand, "new" NIS...Reuters
Wed, Jan 8
