News
Important Only
USD/CHF Price Analysis: 200-day EMA continues to be key support
Silver price today: Silver rises, according to FXStreet data
FxstreetJul 9, 2024
Jerome Powell Speech Preview: Fed Chair testifies in US Congress as markets look for clues over rate cuts
FxstreetJul 9, 2024
Greece Consumer Price Index - Harmonized (YoY) rose from previous 2.4% to 2.5% in June
FxstreetJul 9, 2024
Greece Consumer Price Index (YoY): 2.3% (June) vs previous 2.4%
Japanese Yen flat with traders sidelined on BoJ bond talks
Economic Indicator
Jerome Powell Speech Preview: Fed Chair testifies in US Congress as markets look for clues over rate cuts
Jerome Powell, Chairman of the US Federal Reserve (Fed), will deliver the Semi-Annual Monetary Policy Report and testify before the Senate Banking Committee on Tuesday.Fxstreet
Jul 9, 2024
Forex
Japanese Yen flat with traders sidelined on BoJ bond talks
The Japanese Yen (JPY) is afloat and moves sideways above 160.00 against the US Dollar (USD) on Tuesday. Traders are staying out of the Japanese Yen, as the Bank of Japan (BoJ) is holding a consultation round with several bond market participants.Fxstreet
Jul 9, 2024
Economic Indicator
US: Jobs gain beat forecast but unemployment rate rose – UOB Group
The US employment report was again mixed. Continued rise in unemployment rate, benign wage growth and decline in ISM services/factory orders lifted Federal Reserve (Fed) rate cut expectations, UOB Group Senior Economist Alvin Liew notes.Fxstreet
Jul 9, 2024
Economic Indicator
ECB’s Panetta: ECB can gradually reduce rates in line with disinflation process
European Central Bank (ECB) executive board member Fabio Panetta said on Tuesday that the ECB “can gradually reduce rates in line with the disinflation process.” Additional quotes Should be ready to respond quickly to any shocks in one direction or the other.
Fxstreet
Jul 9, 2024
Forex
Forex Today: US Dollar stabilizes as focus shifts to Fed Chairman Powell's testimony
Here is what you need to know on Tuesday, July 9: The US Dollar stays resilient against its major rivals early Tuesday, with the US Dollar Index moving sideways near 105.00 after posting small gains on Monday.Fxstreet
Jul 9, 2024
Economic Indicator
BoJ: Comparing with overseas central banks, a reduction of ¥2-3 trillion is desired
Following the conclusion of the first day of meeting with market participants, the Bank of Japan (BoJ) said that it “received various views from participants in the survey including idea to reduce monthly buying to around ¥2-3 trillion, or to keep buying around V4 trillion.” “Opinions from bond market participants on pace of tapering included idea to taper at set pace swiftly, or taper swiftly at set pace then taper moderately in several stages, or reduce buying gradually over two years,” the BoJ said.Fxstreet
Jul 9, 2024
