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Forex Today: Markets Await Bank Of England
Article By: Adam Lemon
Thursday, May 9, 2024 9:39 AM EDT
The Bank of England is widely expected to leave its interest rate on hold at 5.25%, with the real topic of interest being the language within its monetary policy statement.
In this article: FXE, FXF, FXY, UUP
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Asia Week Ahead: Growth From Japan And Inflation Reports From China And India
Article By: ING Economics
Thursday, May 9, 2024 8:27 AM EDT
The coming week features inflation reports from China and India plus Australia’s labor data.
In this article: MCHI, EWA, EWJ, INDA
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Elliott Wave Technical Forecast: Unlocking ASX Trading Success: ASX Limited
Article By: Peter Mathers
Thursday, May 9, 2024 8:02 AM EDT
The short-term outlook suggests that the 2-red wave has just concluded, and the 3-red wave may be ready to resume its upward movement.
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The Japanese Yen Is Failing
Video By: Jeffrey P. Snider
Thursday, May 9, 2024 7:00 AM EDT
Japan's government conducted three (unconfirmed) major currency interventions in less than a week.
In this video: FXY, UUP
Watch
AUD/USD Forex Signal: Could Retest The Resistance At 0.6650 Soon
Article By: Crispus Nyaga
Thursday, May 9, 2024 6:28 AM EDT
The AUD/USD exchange rate remained under pressure as traders assessed the recent actions by the Federal Reserve and Australia’s central bank.
In this article: FXA, UUP
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Japanese Market Commentary - Thursday, May 9
Article By: James Harte
Thursday, May 9, 2024 6:04 AM EDT
Japanese stocks are seeing firm selling pressure on Thursday following the publishing of the BOJ’s summary of opinions overnight.
In this article: FXY
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AUD/JPY Advances To Near 102.50 Despite The Fear Of Japan’s Intervention
Article By: Akhtar Faruqui
Thursday, May 9, 2024 5:54 AM EDT
AUD/JPY gains ground as RBA is expected to maintain higher rates for an extended period. The fear of Japan’s intervention could limit the advance of the pair.
In this article: FXA, FXY
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Asian Stock: ASICS Corp
Article By: Andrew Stotz
Thursday, May 9, 2024 4:45 AM EDT
ASICS Corporation manufactures and distributes sporting goods and equipment.
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Sensex Today Trades Lower; L&T Share Price Falls 5%
Article By: Equitymaster India
Thursday, May 9, 2024 3:43 AM EDT
Indian share markets are trading lower with the Sensex down by 233 points while the Nifty is down 70 points.
In this article: INDY, EPI, PIN, INDA
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The Commodities Feed: US Crude Inventories Edge Lower
Article By: ING Economics
Thursday, May 9, 2024 1:10 AM EDT
Oil prices recovered in the latter part of yesterday’s trading session due to US inventory declines. However, there are still some lingering demand concerns.
In this article: BNO, OIL, UCO, USO
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Asia Morning Bites For Thursday, May 9
Article By: ING Economics
Wednesday, May 8, 2024 10:50 PM EDT
Japan’s headline cash earnings disappoint. China’s trade and Philippine GDP data are due later today.
In this article: FXE, FXY, UUP, SPX
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Asia Open: US Inflation Data In The Market Purview
Article By: Stephen Innes
Wednesday, May 8, 2024 9:50 PM EDT
Asian markets are poised for a lacklustre start on Thursday, influenced by a mix of factors including, a strengthening dollar, and a gradual rise in U.S. bond yields, which collectively diminish investors' appetite for riskier assets.
In this article: FXY, IEF, OIL, UCO, USO, UUP
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AUD/USD Weakens Further As US Treasury Yields Boost US Dollar
Article By: Christian Borjon Valencia
Wednesday, May 8, 2024 8:10 PM EDT
The Australian Dollar extended its losses against the US Dollar for the second straight day, as higher US Treasury bond yields underpinned the Greenback.
In this article: FXA, UUP
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Riksbank Cuts, Oil Slips, And The Yen Remains Under Pressure
Article By: Marc Chandler
Wednesday, May 8, 2024 1:40 PM EDT
Sweden's Riksbank became the second G10 central bank to cut rates this year. The Swiss National Bank cut its deposit rate in March.
In this article: FXE, FXA, FXB, FXC, FXF, UUP, BNO, WTI, OIL, UCO, UGA, UNG, USO
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Japanese Market Commentary - Wednesday, May 8
Article By: James Harte
Wednesday, May 8, 2024 11:25 AM EDT
The Japanese Yen is coming under fresh pressure this week, despite recent suspected intervention from Japanese authorities.
In this article: FXY, UUP
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Japanese Yen Weakens Despite Government Warnings
Article By: Andrey Goilov
Wednesday, May 8, 2024 8:02 AM EDT
The USD/JPY pair is on the rise again this Wednesday, recovering more than half of its previous losses despite ongoing warnings from Japanese authorities about sharp fluctuations in the yen.
In this article: FXY, UUP
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