News
Important Only
Japan Industrial Production (MoM) above expectations (2.8%) in May: Actual (3.6%)
AUD/JPY Price Analysis: Struggles to break through 38.2% Fibo. after Chinese trade data
Investing.comJul 12, 2024
Asia FX weakens as yen volatility spurs caution; dollar dented by soft CPI
Investing.comJul 12, 2024
China trade balance jumps in June as exports surge; imports weaken
FxstreetJul 12, 2024
China Trade Balance CNY up to 703.73B in June from previous 586.4B
FxstreetJul 12, 2024
China Exports (YoY) CNY down to 10.7% in June from previous 11.2%
Forex
AUD/JPY Price Analysis: Struggles to break through 38.2% Fibo. after Chinese trade data
The AUD/JPY cross attracts some dip-buyers near the 106.75 region, or a two-week trough touched during the Asian session on Friday and stalls the previous day's retracement slide from its highest level since May 1991.Fxstreet
Jul 12, 2024
Forex
Asia FX weakens as yen volatility spurs caution; dollar dented by soft CPI
Investing.com-- Most Asian currencies fell slightly on Friday as traders turned cautious amid increased volatility in the Japanese yen, which sparked speculation over whether the government had intervInvesting.com
Jul 12, 2024
Economic Indicator
China trade balance jumps in June as exports surge; imports weaken
Investing.com-- China’s trade balance grew more than expected in June on surging exports, while imports unexpectedly shrank as local demand remained subdued amid persistent concerns over the economy.Investing.com
Jul 12, 2024
Commodities
Gold price pulls back from multi-week top, downside potential seems limited
Gold price (XAU/USD) rallied to the $2,424-2,425 area on Thursday, or its highest level since May 22 in reaction to another tame US inflation report, which boosted expectations that the Federal Reserve (Fed) will cut interest rates in September.
Fxstreet
Jul 12, 2024
