Asia FX muted with Iran peace in focus; yen weakens as BOJ dents rate hike bets

Asia FX muted with Iran peace in focus; yen weakens as BOJ dents rate hike bets
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Asia FX muted with Iran peace in focus; yen weakens as BOJ dents rate hike bets
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Markets Data dependency = volatility. Today was a textbook example. The US economic agenda featured September CPI figures and the weekly jobless claims. The former came in at the topside of expectations with headline and core coming in at 0.2% and 0.3% m/m respectively, beating the consensus view by 0.1 ppt each. The yearly print…
By Hannah Lang NEW YORK (Reuters) -The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve’s monetary-easing path, while analysts assess the likely impact of President-elect Donald Trump’s policies when he begins his second term. The Australian dollar dropped sharply against the U.S. dollar as the Reserve…
North-American currencies are leading majors this morning with the employment data beating expectations in the US and Canada. US Non-Farm Payrolls Came at 139K vs 130K expected – but it seems like the market is extrapolating the info even more as ADP missed in the beginning of the week: The greenback is rallying strongly and…
By Ankur Banerjee and Stefano Rebaudo (Reuters) – The dollar wobbled near a seven-month low on Tuesday on bets the U.S. central bank will start cutting interest rates from next month, with traders bracing for comments from Federal Reserve Chair Jerome Powell on Friday. The weakness in the dollar lifted the euro to its highest…
Australia’s corporate regulator said Tuesday that it has secured travel restraint orders against Gold Coast businessman Darren Geddes, director of Global Investment Marketing Pty Ltd (GIM), as part of an ongoing investigation into the company. The Federal Court granted the orders, preventing Mr Geddes from leaving or attempting to leave Australia until 16 March 2026. …
If you want to make money in forex trading and consistently do so, it’s important to review proven trading methods and techniques on a regular basis. Here are some forex tips that might help: 1. Learn to limit your losses. The science of successful trading is less dependent on making profits, but rather on avoiding losses. The…