Japanese Yen ticks higher after revised Japan’s Q3 GDP; lacks follow-through – FXStreet
Following the upward revision of Japan's third quarter GDP, the Japanese yen rose slightly. The recent decline in US Treasury yields has hurt the US dollar and also benefited the yen. Questions about the Bank of Japan's ability to raise interest rates are further limiting the yen's upside. The Japanese yen (JPY) continues to struggle […]
Gold price jumps to multi-day top amid flight-to-safety sentiment, lacks follow-through – FXStreet
Gold prices saw new action on Friday amid trade war concerns and geopolitical tensions. USD is languishing near two-week lows, providing further support for the XAU/USD pair. Betting on a gradual rate cut by the Fed could keep a lid on the low-yielding yellow metal. Gold prices (XAU/USD) surged to a four-day high during Friday's […]