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BoJ has kept rates near zero, following which the yen tumbled to 34-year low against US dollar. A weaker yen could boost exporters but hurt consumers, stoking intervention fears. For the USD/JPY, 157...
The EUR/JPY rallies toward the 169.00 figure yet remains shy of breaching it as risk appetite improves, as Wall Street depicts.
Silver's price dropped 0.79% after hitting a daily high of $27.73, as another inflation report in the United States showed warmer-than-expected inflation.
During the mid-North American session, the Pound Sterling retreats and registers losses against the US Dollar, slumping below 1.2500.
The USD/CAD pair is stuck in a tight range near 1.3650 in Friday’s European session.
USD/JPY rallies to its highest level since May 1990 in the wake of the post-BoJ JPY slump.
The NZD/USD pair stands at 0.5949, registering daily gains on Thursday’s session.
On Thursday, the Euro rose against the US Dollar after US economic data portrayed the economy as weaker than expected.
The Pound Sterling resumed its advance against the US Dollar, climbing more than 0.40% and trading at 1.2518.
The AUD/JPY exhibits substantial bullish momentum, standing at the 101.39 level and showing an encouraging 0.54% rally.
By Daniela Sabin Hathorn, senior market analyst at Capital.comThe US economy grew 1.6% in the first quarter of 2024. The actual figure was lower than the estimates of 2.5%, which caused some...
The Euro rallied to a near 16-year high against the Japanese Yen, hitting levels last seen in August 2008, with the latter remaining the laggard in the FX space.
The NZD/USD pair extends its winning streak for the fourth trading session on Thursday.
USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed three rate cuts for 2024 and the economic projections were...
The EUR/JPY cross trades in positive territory for the fifth consecutive day during the early European trading hours on Thursday.