Citigroup exits yen trade after Japan intervention, cites oil risks
Citigroup exits yen trade after Japan intervention, cites oil risks
Source link
Similar Posts
The On-Site Power Rush: How AI Data Centers Are Creatively Bypassing the Grid with Jet Engines and Other Unconventional Equipment
The data center industry faces a severe power shortage. Demand for artificial intelligence (AI) compute capacity is growing exponentially, fueled by the generative AI (GenA)) boom and the rollout of power-hungry GPU clusters. Meanwhile, the supply of reliable electricity is limited by an aging utility grid that expands slowly and is weighed down by bureaucratic…
ECB’s de Guindos Says ‘Keep a Cool Head’ as Energy Prices Drive Inflation Uncertainty – ActionForex
ECB Vice-President Luis de Guindos signaled a cautious approach ahead of next week’s policy meeting, emphasizing the need to assess whether higher energy costs are feeding into broader inflation. Speaking in Spain, he stressed that policymakers must “keep a cool head” amid what he described as “tremendous uncertainty.” De Guindos noted that current energy price…
Japanese yen remains weak as traders eye BoJ Governor Ueda’s comments | FXStreet
The Japanese Yen (JPY) sticks to the post-Bank of Japan (BoJ) losses, which, along with a broadly firmer US Dollar (USD), assists the USD/JPY pair to hold steady above the 156.00 mark, or an over one-week high. As was widely expected, the BoJ board members raised the short-term interest rate by 25-basis-point (bps) to 0.75%,…
GBP/USD has consolidated above 1.2550 in the trading floors | 30 December – ForexNews.PRO
GBPUSD: The GBP/USD pair is showing signs of recovery, trading close to 1.2580 during Monday’s Asian session. This comes as the Bank of England (BoE) saw a divided vote among its policymakers on the necessity of interest rate cuts to address the slowing economy. The Bank of England’s Monetary Policy Committee (MPC) voted 6-3 in…
