Asia FX dips amid Fed uncertainty; Japanese yen near 9-mth low on fiscal concerns

Asia FX dips amid Fed uncertainty; Japanese yen near 9-mth low on fiscal concerns
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Asia FX dips amid Fed uncertainty; Japanese yen near 9-mth low on fiscal concerns
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BTCUSD accelerated lower on Monday, with 5K drop seen on quick pullback from sessions spike high to 107K zone. Bitcoin reacted negatively to US rating downgrade and the price fell to the lower side of recent congestion (101K/107K) where it has been established after bulls faced strong headwinds on approach to new record high, but…
Fiscal stimulus to drive U.S. dollar gains – Standard Chartered Source link
The latest auction of 2-year government bonds revealed mounting tensions in the short-term debt segment. Demand was weaker than usual (bid-to-cover of 3.53 versus the average of 3.66), and the difference between the highest accepted and the average price rose to 0.012 (compared to 0.002 a month earlier). The yield on 2-year bonds reached 0.975%,…
Introduction The stock market is an ever-evolving landscape, with each trading session bringing its own set of challenges and opportunities. As we approach the next trading session on Tuesday, August 12, 2024, several major stock stories and market movements are poised to play a critical role in shaping investor sentiment. Understanding these key factors can…
Gold is currently holding on to its intraday losses. Overall positive sentiment in the stock markets is undermining demand for bullion. However, a combination of factors is preventing bears from taking aggressive positions, helping the metal stay above the key psychological level of $3400. The continued escalation of geopolitical tensions in the Middle East keeps…
ORINDA, Calif., Aug. The post Retransmission — MacKenzie Realty Capital, Inc. Announces initiation of tender offer for Starwood REIT appeared first on ForexTV. Source link