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Markets
Japanese Yen remains on the front foot amid intervention fears
The Japanese Yen (JPY) sticks to modest intraday recovery gains against its American counterpart through the Asian session on Friday, though any meaningful appreciation seems…
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Australian Dollar holds ground as Australia Manufacturing PMI rises in November
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair gains ground following the preliminary reading of Australia's…
USD/CAD dips below 1.4100 as bullish USD, weak Oil limit losses
The USD/CAD pair drifts lower during the Asian session on Friday and now seems to have snapped a two-day winning streak to a nearly two-week high, levels just above the 1.4100…
New Zealand Dollar rebounds to near 0.5600, RBNZ rate cut looms
The NZD/USD pair trades with mild gains near 0.5590 during the early Asian trading hours on Friday. However, the potential upside for the pair might be limited amid the prospect of…
Gold holds steady below $4,100 as Fed rate cut bets fade
Gold price (XAU/USD) holds steady near $4,080 during the early Asian session on Friday. The upside for the precious metal might be limited as strong US jobs data dims Federal…
Japan’s National CPI rises 3.0% YoY in October, Core CPI climbs as expected
Japan’s National Consumer Price Index (CPI) rose by 3.0% YoY in October, compared to the previous reading of 2.9%, according to the latest data released by the Japan Statistics…
Australia’s S&P Global Manufacturing PMI rises to 51.6 in November
The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 51.6 in November versus 49.7 prior, the latest data published by…
EUR/USD flat near 1.1540 as NFP surprise bolsters dovish Fed bets
EUR/USD holds firm on Thursday after an outstanding jobs report in the United States (US), hinting that the labor market remains solid, despite softening during the second half of…
Inflation seems to have stalled
Federal Reserve Bank of Chicago President Austan Goolsbee spoke at the Chartered Financial Analyst Society of Indianapolis Annual Lunch on Thursday. He said that inflation seems to…