Yen steadies, dollar slips as China reaches for stimulus By Reuters – Investing.com
Written by Tom Westbrook SINGAPORE (Reuters) – A sharp rise in the yen stabilized on Monday as Japan's next prime minister suggested monetary policy should remain accommodative, but the dollar remained buoyed by investors' hopes for an improvement in China's economy. The currencies of resource-rich countries fell. Japan's yen soared on Friday after Shigeru Ishiba, […]
Dollar steadies as Sept rate cut back in focus, yen wobbles By Reuters – Investing.com
Ankur Banerjee SINGAPORE (Reuters) – The dollar edged up from a five-week low on Tuesday as investors weighed the possibility of a September interest rate cut following comments from Federal Reserve Chairman Jerome Powell and pondered the growing chances of former U.S. President Donald Trump being re-elected. The Japanese yen came under pressure again as […]
Ethereum steadies above $3k amid ETF buzz: A turnaround in sight? – AMBCrypto News
Ethereum strengthened its recovery trajectory with price fluctuations indicating seller exhaustion. Bullish speculators are hoping the debut of a U.S.-based spot Ethereum ETF will spur a bullish reversal. Ethereum [ETH] Ethereum traded higher on July 9 after an eventful day the previous day, which saw the proposed issuer of a U.S. spot Ethereum exchange-traded fund […]
Gold prices dip as dollar steadies with eyes on inflation By Investing.com – Investing.com
Investing.com — Gold prices edged down in Asian markets on Wednesday, extending losses from the previous day as traders remained leaning to the dollar in anticipation of a key U.S. inflation reading. Gold also remained stuck in the low $2,300 per ounce trading range established throughout much of June as prospects of rising U.S. interest […]
Currency market steadies ahead of US inflation test, Fed decision – Yahoo Finance
Bridget Riley TOKYO (Reuters) – The dollar was steady on Wednesday after hitting a four-week high against other currencies overnight as market participants awaited a key U.S. inflation gauge and the Federal Reserve’s latest interest rate outlook due later in the day. The US dollar rebounded after a better-than-expected jobs report on Friday raised prospects […]
Gold steadies below $2,050 as markets await nonfarm payrolls report By Investing.com – Investing.com
©Reuters. Investing.com — Gold prices were little changed in Asian trade on Friday after falling below key levels this week on a sharp rebound in the dollar, with the U.S. main market now looking for further clues about a 2024 interest rate cut. The focus is on labor market data. The yellow metal had some […]
Bitcoin Price Steadies. Where the Market Stands on ETF Approval. – Barron's
Bitcoin and other cryptocurrencies stabilized on Thursday, but volatile trading is likely to continue ahead of the potential approval of an exchange-traded fund (ETF) linked to spot trading in the largest digital currency. Bitcoin rose 2.2% in the past 24 hours to $43,395. The cryptocurrency soared above $45,000 on Tuesday before falling to $41,361 on […]
ForexLive Asia-Pacific FX news wrap: Oil steadies – ForexLive
The flow of news and data has been light during trading here, with all eyes on the U.S. jobs report due by Friday. China was the focus. Yields on Chinese government bonds have fallen to their lowest level in three years. The 10-year Treasury yield fell towards 2.50%, hitting a low recorded in May 2020. […]