Fed officials debate extending dollar swap lines to global central banks

Fed officials debate extending dollar swap lines to global central banks
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Fed officials debate extending dollar swap lines to global central banks
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Today’s USD/JPY chart indicates that the U.S. dollar has strengthened against the yen by over 6.6% since the beginning of the month. Starting this trading week, the rate has surpassed 153 yen per dollar, a level not seen since August 31. This bullish sentiment towards the dollar has been driven by the outcome of Japan’s…
EURJPY: ⬆️ Buy EURJPY reversed from support area Likely to rise to resistance level 184.85 EURJPY currency pair recently reversed from the support area between the pivotal support level 183.25 (former resistance from the start of December) and the 50% Fibonacci correction of the upward impulse from December. The upward reversal from this support zone…
The announcement of a 25% tariff on Indian imports by Donald Trump has triggered shockwaves across global trade circles. The Trump Tariff on India is not just another headline—it’s a potential turning point for bilateral trade between two economic giants. With trade tensions already simmering in 2025, this new tariff introduces uncertainty for exporters, investors,…
Bitcoin (BTC) price returned above the $100,000 threshold this week, reaching its highest levels since January as prominent investors continue advocating for cryptocurrency adoption amid changing market dynamics. The world’s largest cryptocurrency changed hands at $103,608 on Saturday, gaining 0.6% for the day, following Thursday’s significant 6% surge. This price recovery comes after Bitcoin fell…
It seems like ages ago, but on Monday, it seemed like markets were on the precipice. The Japan’s Nikkei 225 index on Monday fell -12.4% and analysts were figuring out where the circuit breakers would be. There were chatter on how the Fed needed to have an emergency meeting and cut rates by 75 basis…
NZD/USD was seen around the 0.5730 zone, posting modest daily losses ahead of the Asian session. The pair is testing a key confluence of the 20 and 100-day moving averages, with downside risks emerging below this area. During Friday’s session ahead of the Asian open, NZD/USD declined modestly and was last seen hovering around the…