News
Important Only
Gold prices bounce on lower US yields, Fed rate cut hopes
GBP/JPY plunges below 201.00 as Yen recovery continues
Forex Today: Global PMIs take centre stage
Australian Dollar plunges as China's weakness alarms investors
Mexican Peso falls sharply amid Congress judiciary reform talks
FxstreetJul 23, 2024
United States 2-Year Note Auction dipped from previous 4.706% to 4.434%
Forex
GBP/JPY plunges below 201.00 as Yen recovery continues
GBP/JPY extended into further losses on Tuesday as the Japanese Yen continues a broad-base recovery sparked by a series of “Yenterventions” by the Bank of Japan (BoJ) and Japan’s Ministry of Finance (MoF) to try and prop up the beleaguered Yen.Fxstreet
Jul 23, 2024
Indices
Dow Jones Industrial Average treads water on Tuesday as investors await key data
The Dow Jones Industrial Average (DJIA) went nowhere fast on Tuesday, sticking close to the day’s opening bids as investors shuffle their feet ahead of a hectic US data schedule in the back half of the trading week.Fxstreet
Jul 23, 2024
Stocks
A rotation trade from cash and bonds into stocks could push S&P 500 6500: UBS
In a note to clients Tuesday, UBS analysts highlighted the potential for a significant rotation trade that could propel the S&P 500 to 6500. They state that this shift from cash and bonds into stocksInvesting.com
Jul 23, 2024
