USD/JPY Slumped after Soft US CPI, Sparking Fresh Intervention Speculation
The pair registered a sharp fall on Thursday following cooler US inflation, in a move that that has markets guessing if Japanese authorities intervened again
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The pair registered a sharp fall on Thursday following cooler US inflation, in a move that that has markets guessing if Japanese authorities intervened again
After a four-week profitable streak, USOil faces headwinds as consumption concerns resurface and IEA reiterates view for a substantial slowdown in demand growth
The central bank of New Zealand stayed on the sidelines again today, but its messaging was more dovish compared to the previous meeting, raising chances of rate cuts within the year
The BoJ has started normalizing its ultra-easy stance, but progress is slow, so the Yen continues to suffer and JPN225 extends it rally to new records
The index slides following Thursday’s elections, but the UK has its best opportunity for stability and the new PM has made economic growth the main priority
USOil runs its fourth straight profitable week and reached the highest levels in nearly three months, boosted by tightening fundamentals
The entertainment giant returned to box office hits with Inside Out 2 and its $1 trillion gross, in another indication that the turnaround efforts are making an impact, but the stock remains in a precarious position
The French stock market opened higher on Monday, despite the victory of Le Pen’s party, as investors appear hopeful that it won’t secure outright in the second round
The sportswear giant’s hardships continue as it posted revenue contraction of 2% in Q4 FY24, expects deeper drop in the current quarter and downgraded its full year guidance
NGAS has formed a Golden Cross formation that paints an upbeat technical outlook, which adds to the favorable fundamentals
The pair extended its relentless rally to the highest since 1986 as the Fed is hesitant to slash rates and the BoJ is moving slowly to less easy stance, but risk of FX intervention rises
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