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The Japanese yen has posted gains on Monday. In the European session, USD/JPY is trading at 159.26, down 0.10%. The yen hasn’t had a winning daily session since June 19th and declined 1.5% last week. On the data front, Japan releases the Services Producer Price Index. There are no economic releases in the US but…
Amazon (AMZN) is set to radically change the Alexa service by charging a monthly fee while adding AI features. The tech giant has been losing money on its digital voice assistant for the past ten years since its launch on the market. Recent reports suggest that a monthly fee of between $5 and $10 will…
Investing.com – The U.S. dollar edged lower Monday, consolidating after climbing to a near eight-week high last week, while the euro rose despite weak German business sentiment. At 05:25 ET (09:25 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 105.235, after touching a high…
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USDJPY: The Japanese Yen (JPY) may continue its losing streak for the eighth consecutive session on Monday. On Friday, a stronger than expected US Purchasing Managers’ Index (PMI) weighed on the US Dollar (USD) and impacted the USD/JPY pair. Japan’s chief currency diplomat Masato Kanda said on Monday that he will take appropriate action if…
The yen was last this weak against the US dollar in late April, leading to currency interventions as the Bank of Japan deemed a rate above the psychological mark of 160 yen per USD unacceptable. The current weakness of the yen has triggered the usual warnings from Japanese officials against “excessive” volatility, which can be…
2024.06.24 2024.06.24 Short-term analysis for oil, gold, and EURUSD for 24.06.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is trading…
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Eurostoxx +0.1% Germany DAX +0.1% France CAC 40 +0.2% UK FTSE -0.1% Spain IBEX +0.4% Italy FTSE MIB +0.4% French stocks bounced back a little last week but will stay under scrutiny in the week ahead, with the first round of the election coming up on 30 June. As for the overall risk mood, it…