Asia FX muted as dollar heads for weekly gains; yen fragile ahead of elections

Asia FX muted as dollar heads for weekly gains; yen fragile ahead of elections
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Asia FX muted as dollar heads for weekly gains; yen fragile ahead of elections
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The AUDJPY price could begin to drop as the bears are gathering momentum.The bulls are still dominating the market at the moment. AUDJPY Weekly Price Analysis – September 1 The AUDJPY pair is showing signs of weakness, and the price could begin to drop as the sell traders gather momentum to resume the down south…
September 9, 2024 The recent NFP report came short of expectations, with 142k jobs added (expectations were for 164k). However, unemployment did not rise (at 4.2%), and wage growth ticked up to 0.4% — putting more stress on inflationary pressures. In short, this recent report isn’t what markets wanted to see. It shows some weakness,…
NEW YORK, June 08, 2024 (GLOBE NEWSWIRE) — The post Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Direct Digital, Hertz, and Humana and Encourages Investors to Contact the Firm appeared first on ForexTV. Source link
The Financial Industry Regulatory Authority (FINRA) has fined TradeStation Securities $85,000 for distributing misleading retail communications about crypto asset services. FINRA stated that between July and September 2022, TradeStation issued promotional materials across its website, emails, and social media platforms that failed to clearly state that crypto assets were not offered through TradeStation itself but…
Price activity in the AUDUSD market has adopted a bearish outlook. This occurred as the US dollar regained considerable momentum due to favorable emerging data. Consequently, this created a headwind in the market, bringing the price of the pair below key levels, and setting the tone for the new week. Key Price Levels:Resistance Levels: 0.6900,…
European stock markets stabilized and moved higher on Monday, recovering from a sharp drop on Friday that was caused by renewed tensions in the US-China trade war. The overall STOXX 600 pan-European index climbed 0.6%, recovering a significant portion of the losses seen after US President Donald Trump had threatened to impose 100% taxes on…