Analysis

Japanese Yen Ends Flat, at 38-Year Lows vs Dollar

The Japanese Yen settled at near 38-year lows against the US Dollar, at 161.45 (161.47 yesterday) as yield differentials between the two currencies kept wide.

ACY Securities | 365 days ago

EBC Daily Snapshot Jul 3, 2024

On Wednesday, the dollar weakened as Fed Chair Jerome Powell's dovish remarks, despite a strong jobs report, pushed Treasury yields down.

EBC Financial Group | 366 days ago

Market craves dovish Fedspeak as US stocks reach new highs

US stocks rally after Chairman Powell’s comments. Focus on key US data today ahead of Thursday’s bank holiday. Dovish ECB commentary to keep euro under pressure. Dollar/yen rally continues

XM Group | 366 days ago

AUD/USD Sees Uptick Amidst Mixed Sentiment

AUD/USD has climbed to 0.6676 yet remains in a "sideways" pattern, indicating a lack of clear directional momentum in the market.

RoboForex | 366 days ago

EBC Markets Briefing | Nikkei perches above 40,000 despite weaker yen

Asia-Pacific markets rose as Fed Chair Powell noted progress on inflation. Nikkei 225 surpassed 40,000 for the first time since March.

EBC Financial Group | 366 days ago

Crypto stays under pressure

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto stays under pressure

FxPro | 366 days ago

Daily Global Market Update

Bitcoin dipped despite investor interest, Nio stock rose, AUD gained slightly, gold dipped. Fed Chair's dovish remarks weakened dollar. Watch today's data for economic clues.

Moneta Markets | 366 days ago

Powell’s Dovish Tone Hammers Dollar

Federal Reserve Chair Jerome Powell indicated that recent U.S. economic data suggest inflation is returning to a downward trajectory. However, he emphasised the need for more evidence before the Fed considers shifting its current monetary policy.

PU Prime | 366 days ago

Forex Market Report - 3rd July 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.

DNA Markets | 366 days ago

Yen’s misery worsens, euro lower after CPI dip, dollar awaits Powell

Yen sinks to fresh 38-year low as officials refrain from verbal intervention. Euro pares gains after CPI dip and French election uncertainty. Dollar edges up on higher yields, but caution ahead of Powell comments.

XM Group | 367 days ago

EBC Daily Snapshot Jul 2, 2024

The dollar rose with Treasury yields, driven by expectations of Donald Trump winning the presidency and starting another trade war.

EBC Financial Group | 367 days ago

EUR/USD Struggles to Maintain Gains Amid Mixed Economic Signals

The EUR/USD pair experienced a noticeable uptick yesterday, but failed to sustain its peak, settling at 1.0732 today.

RoboForex | 367 days ago

EBC Markets Briefing | Oil steadies around 2-month high on travel hopes

Oil prices remained steady on Tuesday, near two-month highs, due to expected rising fuel demand from the travel season.

EBC Financial Group | 367 days ago

Yen Continues to Slides on Soft Economy Performance

The Japanese yen continued to slide against its peers, market strategists predict that the yen could climb above the 170 mark against the dollar.

PU Prime | 367 days ago

Daily Global Market Update

Gold, Bitcoin show positive momentum, while US stocks mixed and Europe flat. Focus on upcoming economic data releases like US JOLTS and Eurozone CPI.

Moneta Markets | 367 days ago

The Japanese yen faces further depreciation amid rate differentials

The USD/JPY pair continues to escalate, currently positioned at 160.88, nearing the 37-year peak of 161.27 achieved last Friday

RoboForex | 368 days ago

EURUSD gaps higher over potential French hung parliament

EURUSD surges after the French far-right party wins the first race with a weaker majority. Bullish bias expected to come above 1.0788; sellers could take control below 1.0670.

XM Group | 368 days ago

EURGBP, USDJPY, USDCAD

French elections help euro to recoup some losses; Friday’s NFP report is the week’s main driver as USDJPY holds near highs; Canadian employment report next in focus with USDCAD in range

XM Group | 368 days ago

EBC Daily Snapshot Jul 1, 2024

The euro jumped Monday after the French far right's election win fell short, leaving the final result dependent on party deals.

EBC Financial Group | 368 days ago

Euro breathes better but not out of the woods yet

European stock markets higher after French elections result. Key euro area data today as the annual ECB forum starts. Dollar on the back foot amidst a very busy week. Yen remains under pressure

XM Group | 368 days ago

Terms | Privacy | Site Map | Site Map Calendar

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.17788	GBPUSD	1.36532	AUDUSD	0.65507
USDJPY	144.479	USDCAD	1.36033	USDCHF	0.79342

Advertisement

Analysis