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Forex
GBP/JPY falls toward 198.50 after hawkish comments from Japan’s Finance Minister Suzuki
GBP/JPY depreciated as Japan’s Suzuki mentioned taking action against excessive currency volatility if needed.
Japan's foreign exchange reserves declined to…
ECB’s de Guindos: Inflation is to be around 2% next year
European Central Bank (ECB) Vice President Luis de Guindos said on Friday that “inflation is to be around 2% next year.”
de Guindos said that he “sees huge…
German Industrial Production drops 0.1% MoM in April vs. 0.3% expected
Germany’s industrial sector remained in contraction in April, the latest data published by Destatis showed on Friday.
Industrial output in the Eurozone’s top…
EUR/USD Price Analysis: The first upside barrier is located above 1.0900
EUR/USD holds positive ground near 1.0895 in Friday’s early European session.
The pair maintains a positive stance on the 4-hour chart above the 100-period…
Japanese Yen loses ground due to decline in Japan’s Foreign Reserves
The Japanese Yen depreciates as investors turn cautious ahead of the US NFP.
Japan’s Foreign-exchange reserves fell to $1,231 billion in May, marking the…
Australian Dollar inches higher after widened China Trade Surplus
The Australian Dollar gained ground as trade partner China's Trade Surplus widened to $82.62 billion in May.
The Australian equity market appreciates with…
Gold price holds steady near two-week top, looks to US NFP for fresh impetus
Gold price enters a bullish consolidation phase near a two-week high touched on Thursday.
Traders prefer to wait for the US NFP report before positioning…
NZD/USD edges higher near 0.6200, Fed rate cut in focus
NZD/USD gains ground around 0.6195 in Friday’s Asian session.
The growing speculation of a Fed rate cut this year weighs on the US Dollar.
The upbeat…
AUD/USD trades with mild gains above 0.6650, all eyes on US NFP data
AUD/USD posts modest gains around 0.6670 in Friday’s early Asian session.
The softer US employment data this week triggered the Fed rate cut expectation in…
Dow Jones Industrial Average finds thin gains in tepid Thursday markets
Dow Jones remains stubbornly flat in quiet Thursday trading.
Stocks, bonds, and currencies all go flat as markets await key US data.
Friday’s NFP to go a…