Content
Asia Morning Bites For Friday, April 12
Article By:
ING Economics
Read
Friday, April 12, 2024 1:45 AM EDT
The Monetary Authority of Singapore maintains settings with the Bank of Korea also tipped to pause. China trade is out later today.
EUR/USD Trades With A Negative Bias Below 1.0750, Eyes On German Inflation Data
Article By:
Lallalit Srijandorn
Read
Thursday, April 11, 2024 9:25 PM EDT
The EUR/USD pair trades with a negative bias near 1.0728 on Friday during the early Asian session. The modest recovery in the US Dollar (USD) amid the rising speculation of a Fed rate cut in September weighs on the major pair.
Indian Silver Imports Surge To Record Levels
Article By:
Stefan Gleason
Read
Thursday, April 11, 2024 1:09 PM EDT
Silver imports skyrocketed by 260 percent in February, hitting a record high of 2,295 tons. That was up from 637 tons in January, according to a report in the Economic Times of India.
In this article: SLV
USD/JPY Analysis: New Record Highs
Article By:
Mahmoud Abdallah
Read
Thursday, April 11, 2024 10:40 AM EDT
The Japanese yen continued to plummet to as low as 153.23 against the US dollar, its lowest level in 34 years, after data showed US inflation rose more than expected.
Asia Week Ahead: China Data Deluge And Japan’s Inflation Report
Article By:
ING Economics
Read
Thursday, April 11, 2024 10:31 AM EDT
Key data releases from China are out next week alongside Japan’s latest inflation reading.
Unlocking ASX Trading Success: ASX Limited
Article By:
Peter Mathers
Read
Thursday, April 11, 2024 2:30 AM EDT
Unlocking ASX Trading Success: ASX LIMITED – ASX Stock Analysis & Elliott Wave Technical Forecast
In this article: ASX
Asia Morning Bites For Thursday, April 11
Article By:
ING Economics
Read
Thursday, April 11, 2024 2:00 AM EDT
Asia markets are likely in for a rough start on Thursday in reaction to expectations for a Fed rate cut to be pushed back. In terms of data, China reports both CPI and PPI inflation while the Philippines releases their latest trade figures.
Yen And Gold Plunge While US Dollar Soars – Exactly As Expected
Article By:
Przemyslaw Radomski, CFA
Read
Wednesday, April 10, 2024 4:10 PM EDT
We have now seen the breakout in the USD/JPY pair, and how gold has – in a completely unsurprising way – declined. And that is a game-changer, even if many people fail to view it as such.
US CPI, New Security Initiatives With Tokyo And Manila, Bank Of Canada Meeting
Article By:
Marc Chandler
Read
Wednesday, April 10, 2024 7:11 AM EDT
The dollar has been confined to narrow ranges ahead of the US CPI report. Given the backup of US rates and the stronger-than-expected jobs growth, the greenback's performance has been unimpressive.
AUD/USD Forex Signal: Extremely Bullish Above 0.6645
Article By:
Crispus Nyaga
Read
Wednesday, April 10, 2024 6:15 AM EDT
The AUD/USD pair continued rising as commodity prices bounced back and as investors waited for the upcoming US inflation report. The exchange rate rose to 0.6645 on Wednesday morning, its highest swing since May 8th.
USD/JPY Hovers Around 151.70 Amid Market Caution Ahead Of US Consumer Inflation
Article By:
Akhtar Faruqui
Read
Wednesday, April 10, 2024 12:55 AM EDT
USD/JPY remains silent before releasing of the US Consumer Price Index (CPI) data and the FOMC Minutes on Wednesday. The pair hovers around 151.70 during the Asian trading hours.