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Forex
Japan’s Suzuki: Intervention late April/early May a response to speculation
Japanese Finance Minister Shunichi Suzuki said on Tuesday that foreign exchange (FX) intervention had effects to some effects, adding that the central bank…
Japanese Monetary Base expands far less than expected in May, growing 0.9% versus 2.2% forecasts
Japan's Monetary Base, or the amount of currency being supplied by the Bank of Japan (BoJ) as measured by combining all notes and coins in circulation in…
Forex Today: US data dominate the mood in the FX space
The loss of impetus in the US manufacturing sector sparked a deeper pullback in the Greenback and supported further the recovery of the risk-associated assets…
Crude Oil extends declines after OPEC+ disappoints barrel traders, WTI tests $74
WTI backslid to $74.00 per barrel after OPEC+ failed to bolster Crude trader hopes.
Voluntary production cuts are slated to be phased out beginning in…
NZD/JPY Price Analysis: Sellers test strength as consolidation persists
Negative momentum nudges the NZD/JPY pair into a slight retreat, with consolidation continuing to dominate the trend.
The sellers face a considerable…
Mexican Peso tanks on Sheinbaum’s win and Morena rising power
Mexican Peso falls sharply after Dr. Claudia Sheinbaum’s victory and Morena’s majority in Congress.
Concerns rise over potential constitutional changes and…
Dow Jones Industrial Average tumbles 200 points after ISM PMI miss
Dow Jones backslides as investors balk at softening US data.
Markets have shifted to bets of a November Fed rate cut.
Monday kicks off NFP week with a…
Canadian Dollar races Greenback lower after manufacturing PMIs broadly miss the mark
Markets kick off NFP week pricing in a first Fed rate cut in November.
Canada reveals unexpected downturn in Manufacturing PMI data.
CAD traders will be…
US Dollar continues to decline due to weak ISM PMI data
Weak ISM PMI report for May and decreasing US Treasury yields weigh on USD.
ISM Manufacturing PMI report increases odds of Fed rate cut in September.…
Pound Sterling capitalizes on weak US ISM Mnaufcaturing PMI
The Pound Sterling rises to 1.2770 as US ISM Manufacturing PMI for May misses estimates.
UK’s stubborn service inflation keeps the uncertainty about the…