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European stock markets rose again early Wednesday to add to gains of around one percent on Tuesday as financials boosted the mainland indices. The FTSE 100 added another half a percent for a fresh...
The U.S. Bureau of Labor Statistics released the April jobs report on Friday, revealing a cooling labor market with narrower job gains across several major industries. The report showed that the U.S....
The Fed meetings seem to create more confusion than needed, but it is what is what it is. I know that even though I wrote yesterday that at 2:35 PM ET, it was possible that we saw the usual FOMC press...
Stocks finished the day higher, thanks to a buy imbalance that gave the market a lift in the final 10 minutes. Technically, not much changed yesterday, and that is because the index just churned...
Japan Intervenes in the Yen for the first time since November 2022Will it work? Have we seen a top in USD/JPY? Let's go through the charts
The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have intervened in the currency...
BoJ has kept rates near zero, following which the yen tumbled to 34-year low against US dollar. A weaker yen could boost exporters but hurt consumers, stoking intervention fears. For the USD/JPY, 157...
By Daniela Sabin Hathorn, senior market analyst at Capital.comThe US economy grew 1.6% in the first quarter of 2024. The actual figure was lower than the estimates of 2.5%, which caused some...
The USD/JPY pair reached an all-time high on Thursday, touching the 155.50 level. This development comes as the Bank of Japan (BoJ) starts its two-day monetary policy meeting with widespread...
The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen a rebound in equity markets at the start of this week with investors...
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