News
Important Only
NZD/JPY Price Analysis: Cross extends losses and falls to lows since mid-June
FxstreetJul 12, 2024
Japan CFTC JPY NC Net Positions: ¥-182K vs ¥-184.2K
FxstreetJul 12, 2024
Australia CFTC AUD NC Net Positions climbed from previous $-15.8K to $2.4K
Investing.comJul 12, 2024
US 10Y Treasury could likely fall below 4% by end of summer as Fed rate-cut nears
Gold price secures third week of gains, holds above $2,400
FxstreetJul 12, 2024
Argentina Consumer Price Index (MoM) below forecasts (5.1%) in June: Actual (4.6%)
Stocks
US 10Y Treasury could likely fall below 4% by end of summer as Fed rate-cut nears
Investing.com -- The 10-Year Treasury yield fell for a second week in a row on Friday, prompting some on Wall Street to bet on a potential slip below 4% by the end of the summer as the Federal ReserveInvesting.com
Jul 12, 2024
Indices
Dow Jones Industrial Average soars on rate cut hopes, sets new all-time high
The Dow Jones Industrial Average (DJIA) soared over 450 points on Friday as markets pile back into renewed hopes for rate cuts from the Federal Reserve (Fed) in September even as US Producer Price Index (PPI) wholesale inflation accelerated faster than expected in June.Fxstreet
Jul 12, 2024
Forex
Mexican Peso hits five-week high as Fed dovish bets intensify
The Mexican Peso extended its rally for the ninth consecutive trading day against the Greenback on Friday following the release of Mexico’s Industrial Product figures and June’s US inflation data on the producer side.
Fxstreet
Jul 12, 2024
Forex
GBP/USD Price Analysis: Soars as bulls set their sights at 1.3000
The Pound Serling rallied sharply against the US Dollar on Friday, up by more than 0.50% even though US inflation data on the producer front was slightly higher than expected, contrary to consumer prices revealed on Thursday.
Fxstreet
Jul 12, 2024
