Forexlive Americas FX news wrap 22 Mar. USD moves higher while yield move lower. – ForexLive
The US dollar ended the day mostly higher, gaining against all major currencies except the Japanese yen and Swiss franc (-0.16% and -0.06%, respectively). From the strongest to the weakest of the major currencies The US dollar appreciated the most against the AUD (+0.84%), NZD (+0.79%) and CAD (+0.59%). The day also saw solid gains […]
Dollar holds firmer awaiting the Fed later in the day – ForexLive
The dollar has held decent levels so far this week, with modest bids during trading hours. The main reason for this is likely to be the appreciation of the USD/JPY. However, yields on U.S. Treasuries remain fairly high relative to other countries, giving investors another reason not to rush away from the dollar just yet. […]
USD/JPY settles slightly higher after BOJ policy decision – ForexLive
USD/JPY 1 minute chart of sell the facts It looks like the game is starting to move, but I think traders have already spent a week preparing for it. There were so many reports that the Bank of Japan was ending negative interest rates and abolishing its yield curve control policy that the recent announcement […]
USD/JPY moving around, swings helped by thinning liquidity ahead of Bank of Japan decision – ForexLive
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The central bank bonanza returns to town this week – ForexLive
This week’s spotlight is on key central policy decisions, some of which are expected to be decided. The Bank of Japan, RBA, Federal Reserve, SNB, and BOE are all on the agenda, so all the powerful players are taking action. That way you’ll at least have a fun week. So let’s take a look at […]
ForexLive Asia-Pacific FX news wrap: Japan fin min Suzuki says “no longer in deflation” – ForexLive
Japan’s Finance Minister Suzuki said today that Japan is “no longer in deflation.” This is a major shift from previous comments from officials. In fact, it was just Tuesday that Suzuki was reported to have said that deflation cannot be declared defeated. Mr. Suzuki’s comments today clearly support the Bank of Japan’s policy tightening. To […]
Forexlive Americas FX news wrap: Dollar climbs as US CPI stays hot – ForexLive
market: S&P500 rose 1.1% WTI crude oil fell $0.12 to $77.81. Gold falls $28 to $2,154 US 10-year bond yield rose 5.3bps to 4.156% US dollar leads, Japanese yen lags The main event of the week started on Tuesday and certainly grabbed the market’s attention, but the price action was anything but calm. The numbers […]
US dollar slumps on rising unemployment and weaker wage growth – ForexLive
The US dollar is at its lowest this week following the release of February non-farm payrolls numbers. The headline numbers were strong at +275K compared to +200K, but there were some soft details underneath. First, his two previous reports were revised downward by a total of 167,000 jobs, making total payrolls lower than expected. The […]
USD/JPY extends fall and runs into test of key technical level – ForexLive
USD/JPY daily chart This is, as I highlighted earlier, the first stop on the way down. The Bank of Japan is starting to get the ball rolling on the Japanese Yen and we are now seeing things start to move. A break below the 100-day moving average (red line) of 147.73 will prompt buyers to […]
The FX market finally got the message – ForexLive
It all started with stocks last month, as NVIDIA sent the stock into overdrive. Since then, prices such as gold and Bitcoin have soared to record highs. And earlier this week, bond markets responded similarly, with U.S. Treasury yields briefly falling. Now, currency traders are finally starting to move towards a weaker dollar. In particular, […]