Romanian leu dips ahead of central bank rate decision

USD/JPY is down heavily for the second straight day following Takaichi’s election win. The two-thirds majority in the lower House gives her wide latitude to govern and has led to a flood of money into Japanese equities. The Nikkei is up 7% in two trading days and USD/JPY reflects some of that enthusiasm as money…

Semiconductor slide and tech resilience mark today’s market 📉 Semiconductor Sector: A Wave of Red The semiconductor sector is experiencing significant declines today, marked by a drop in major players like Nvidia (NVDA) at -3.70%, Micron Technology (MU) down 5.15%, and Intel (INTC) plunging 6.00%. This trend is primarily driven by industry-specific challenges and general…

Well, that was quite a week! If you blinked during the first trading days of December, you might have missed the dollar’s worst multi-day tumble since September—triggered by some surprisingly awful U.S. employment data that had traders scrambling to price in more Fed rate cuts. Meanwhile, down under, the Australian dollar pulled off one…

IBM, or International Business Machine Corporation, is a multinational technology company headquartered in Armonk, New York. IBM operates in over 175 countries and offers a wide range of products and services, including cloud computing, artificial intelligence, computer hardware, and software. The company is also a leader in quantum computing and has made significant advancements in this field….

USDJPY breaks above the 4-week trendline resistance to hit a 2-week high at 156.80 after Japan PM Takaichi appointed 2 dovish candidates to the 9-member policy board of the Bank of Japan. The candidates are professor Ayano Sato at Aoyama Gakuin University and professor Toichiro Asada of Chuo University. If they’re confirmed, then these new…