Dollar falls ahead of data deluge; yen firms after Takaichi’s election victory

Libya’s Sarir oil field reduces production to near total shutdown – engineers to Reuters. More updates out of Libya regarding their oil situation. Oil price is largely unchanged after the news as a lot of the good news was priced in on Monday. This article was written by Arno V Venter at www.forexlive.com. Source link

If you’ve been watching your trading screens over the past few days, you probably felt like you were on a roller coaster designed by someone with a twisted sense of humor. One minute, markets are partying like it’s 1999. The next, they’re face-planting harder than a crypto bro at a bear market convention. …

The world of forex trading thrives on information. Traders constantly seek out new tools and techniques to gain an edge in the market. One such tool, the MTF MACD Bars Indicator for MT5, offers a unique perspective by incorporating multi-timeframe analysis (MTFA) into the familiar Moving Average Convergence Divergence (MACD) indicator. This comprehensive guide delves…

Jingle Pay, a digital financial services platform operating across the Middle East & South Asia, announced Monday that it has teamed up with Western Union to facilitate international money transfers, also known as remittances, from select markets. Under the new agreement, Jingle Pay stated that it will serve as a “key partner for Western Union,”…

By Rae Wee SINGAPORE (Reuters) -The U.S. dollar declined broadly on Monday and slipped sharply against the yen in particular as investors bet on a dovish tone emerging in the Federal Reserve’s July policy meeting minutes and Chair Jerome Powell’s upcoming speech at Jackson Hole. The minutes, due on Wednesday, and Powell’s speech on Friday…

Headlines: Markets: JPY leads, GBP lags on the day European equities higher; S&P 500 futures down 0.1% US 10-year yields down 0.4 bps to 3.784% Gold down 0.1% to $2,667.98 WTI Crude up 0.2% to $67.82 Bitcoin up 1.1% to $65,410 Shigeru Ishiba finally won Japan’s top job, as he won the LDP leadership race…