Asia FX weakens as markets digest Venezuela action; yen falls past rate hike talk

On Wednesday, Meta Platforms (META) released its quarterly report, which included several positive highlights:→ revenue rose to $51.2 billion (forecast: $49.5 billion);→ the size of the daily active audience increased to 3.54 billion people. However, META’s share price fell below the psychological threshold of $700, hitting its lowest level in almost five months. This drop…

Daily Pivots: (S1) 199.77; (P) 200.09; (R1) 200.49; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, decisive break of 200.72 will resume larger up trend. Nevertheless, break of 197.18 will turn bias to the downside and extend the corrective pattern from 200.53 with another falling leg. In the bigger picture,…

GBPUSD: The GBP/USD pair remains weak after losses recorded in the previous session, trading near 1.3280 during Asian hours on Wednesday. The decline could be attributed to risk aversion due to rising geopolitical tensions in the Middle East, which is undermining the risk-sensitive Pound Sterling (GBP) and the GBP/USD pair. Iran launched more than 200…

Talk about a currency beatdown! USD & CAD cratered while European currencies dominated & CHF was crowned the king! Source link

The number of children attending private schools in England has risen, new figures show, despite claims that families are being priced out by Labour’s plan to add VAT to school fees. The Independent Schools Council (ISC) said last month that pupil numbers had fallen – a sign, they said, that schools were already starting to…