At a glance: AUD strengthened after solid Australian employment data Unemployment fell for a fourth straight month; hours worked rose 0.6% RBA March hike expectations firmed, though not locked in Japan machinery orders surged 19% m/m, supporting capex outlook Iran strike rumours persisted Korea’s KOSPI hit a record high The Australian dollar was the standout…
Asia session summary Japan’s November services PPI printed as expected at an elevated 2.7% y/y BOJ October minutes landed but were largely overlooked after December’s rate hike Broad USD weakness lifted G10 FX, with JPY, AUD and KRW outperforming APAC equities traded mixed in thin pre-holiday conditions Gold and silver extended gains, with silver breaking…
Summary: Gold and silver surged, with gold nearing US$4,500 and silver pushing toward US$70 on safe-haven demand, lower real yields and US dollar weakness. The yen strengthened further, extending gains after FX warnings from Atsushi Mimura and Satsuki Katayama, pulling USD/JPY down to around 156.30. Japanese equities rose as JGB yields retreated from record highs,…
Major FX rates traded in subdued ranges through the Asian session, with markets largely marking time ahead of a heavy 24-hour run of central-bank decisions and key data releases. Volatility was limited, reflecting caution rather than conviction, as investors await clarity from multiple policy fronts. The yen was a modest underperformer. USD/JPY ticked a little…
Barclays expects the US dollar to strengthen into 2026, citing massive AI investment plans, easing policy risks and improved risk sentiment. Says AI capex could be economically & geopolitically transformational, supporting sustained USD momentum. investingLive Exclusive 1h ago Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
RBNZ Gov. Hawkesby says decision to hold a rate vote was a healthy sign Recap: BoJ Ueda says Bank on alert to impact of super-long yield swings on borrowing costs BOJ likely to keep cutting bond purchases, says BofA NZD/USD bouncing after the expected RBNZ 25bp cash rate cut China MofCom offers strong opportunities to…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…