HSBC lowers USD/JPY forecast to 148 as Japan election adds uncertainty

HSBC lowers USD/JPY forecast to 148 as Japan election adds uncertainty
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HSBC lowers USD/JPY forecast to 148 as Japan election adds uncertainty
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On 7 October, we analysed the Meta Platforms (META) price chart and highlighted:→ The formation of a long-term upward channel (marked in blue).→ The key drivers supporting bullish sentiment. We also emphasised the psychological significance of the $600 level. Since then, the price has approached this level four times, only to be met with resistance…
Investing.com – The U.S. dollar pushed further higher Thursday, climbing to a one-year peak after consumer inflation data raised doubts over the extent of Fed interest rate cuts, while Donald Trump started filling the key positions in his new administration. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket…
UK officials are tightening security when handling sensitive trade documents to prevent them from falling into US hands amid Donald Trump’s tariff war, the Guardian can reveal. In an indication of the strains on the “special relationship”, British civil servants have changed document-handling guidance, adding higher classifications to some trade negotiation documents in order to…
Tether Holdings, the stablecoin issuer, has acquired a substantial stake in Bitdeer Technologies Group, a US-listed Bitcoin mining company owned by Chinese billionaire Jihan Wu. This acquisition involves a US$100 million investment, with an option to purchase an additional US$50 million in shares within the upcoming year. Investment Facilitates Expansion in Mining According to Bitdeer’s…
New Zealand’s unemployment rate has accelerated to 5.1% in Q4 2024, a whisker below its Covid peak of 5.2% while Australia’s unemployment rate remained stable at 4%. A further steepening of yield spreads between Australian and New Zealand sovereign bonds may trigger further upside in the AUD/NZD cross rate. Watch the 1.0980 key medium-term support…
On Thursday, the US stock market maintained positive dynamics. By the end of the day, the Dow Jones Index (US30) rose by 0.24%. The S&P 500 Index (US500) increased by 0.26%. The Tech Index NASDAQ (US100) closed higher by 0.36%. The leading positions were held by the energy, commodities, and real estate sectors. In the…