News
Important Only
GBP/USD finds a meager rebound on Monday, but UK CPI inflation looms ahead
NZD/USD Price Analysis: Further decline observed as the pair fails to hold the 20-day SMA
USD/JPY Price Analysis: Rises above 157.00 as US yields underpin the pair
AUD/JPY Price Analysis: Mild gains prompt building support around 20-day SMA
Investing.comJun 17, 2024
Lennar Q2 results top estimates despite fall in home prices as high rates weigh
Crude Oil snaps higher as hopes of rising demand continue to bolster barrel bids
Forex
USD/JPY Price Analysis: Rises above 157.00 as US yields underpin the pair
The USD/JPY climbed for the second straight day, up 0.27% after hitting a daily low of 156.81, as US Treasury bond yields climbed six basis points on speculation that the Federal Reserve will keep interest rates unchanged.Fxstreet
Jun 17, 2024
Forex
AUD/JPY Price Analysis: Mild gains prompt building support around 20-day SMA
In Monday's session, the AUD/JPY pair experienced limited losses and then recovered to trade with gains, with attention focused on reinforcing the support at the 20-day Simple Moving Average (SMA), after dipping briefly below 103.60 and then recovering it back.Fxstreet
Jun 17, 2024
Stocks
Lennar Q2 results top estimates despite fall in home prices as high rates weigh
Investing.com - Homebuilder Lennar reported Monday fiscal first-quarter results that topped Wall Street estimates even as home prices fell as higher interest rates continued to curb demand. LennarInvesting.com
Jun 17, 2024
Forex
Japanese Yen weakens against USD amid tepid real wages, imported inflation
The Japanese Yen (JPY) trades lower by about a third of a percent against the US Dollar (USD), in the 157.80s on Monday, as the outlook for interest rates in the US remains elevated despite lower inflation and economic sentiment readings.Fxstreet
Jun 17, 2024
Economic Indicator
US core services inflation remains above 5% for 24th consecutive month – NBC
Global financial markets cheered last week's weaker-than-expected US CPI data for May, with both the headline (+0.0%) and core (+0.2%) measures coming in a tick below consensus expectations, National Bank of Canada (NBC) strategists Stéfane Marion and Jocelyn Paquet note.Fxstreet
Jun 17, 2024
