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Markets
Japanese Yen struggles amid BoJ uncertainty; weaker USD caps USD/JPY
The Japanese Yen (JPY) struggles to attract any meaningful buyers and languishes near a nine-month trough, touched against its American counterpart the previous day. Japan's Prime…
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Disney stock plummets 8% on Weaker TV and movie revenue
It was a volatile day for Walt Disney (NYSE:DIS) stock, as shares were down some 8% on mixed fiscal fourth quarter earnings.It didn’t help much that stock markets were plunging on…
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Rises towards 1.3200 as US reopening weigh on USD, BoE cut bets mount
GBP/USD slips near 1.3150 as UK government drops plans to raise tax rates
GBP/USD retraces its recent gains from the previous session, trading around 1.3150 during the Asian hours…
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Australian Dollar advances as China’s Retail Sales rises in October
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering losses registered in the previous session. The AUD/USD pair gains ground following the…
WTI rises to near $60.00 on supply risks due to US sanctions
West Texas Intermediate (WTI) Oil price gains for the second successive session, trading around $59.90, up by more than 2%, during the Asian hours on Friday. Crude Oil prices…
PBOC sets USD/CNY reference rate at 7.0825 vs. 7.0865 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0825 compared to the previous day's fix of 7.0865 and 7.0964 Reuters…
GBP/USD bulls struggle as UK tax plans and weak data weigh
GBP/USD caught a brief bullish slant to Thursday’s trading window, with Cable traders brushing off a worse-than-expected Gross Domestic Product (GDP) growth print from the third…