Forex
Japan’s Economy to Benefit from Weak Yen, IMF
Nada Choueiri, the chief of the International Monetary Fund’s Japan mission, stated to Reuters on Friday that a weaker yen is advantageous for Japan’s economy, as the increase in exports
European Central Bank rate cut by 25 bps Monetary policy decisions
Today, the Governing Council resolved to decrease the interest rates of the three primary ECB interest rates by 25 basis points. In particular, the Governing Council’s decision to decrease the
XAUUSD Forecast: Gold Prices to looks for $2,700 after Wednesday’s close above $2,670
Gold price flirts with record highs, awaiting US Retail Sales data for next push higher.The US Dollar retreats after rallying on a Trump victory optimism, as China worries linger.Gold price’s
US Dollar eases after NY Manufacturing data contracts against all odds
The US Dollar rally hits a curb and has difficulties passing through several important levels against most major G10 currenciesMarkets are gearing of for Fed speakers to convince markets on
USD/JPY Outlook: Navigating Election Uncertainty-Citi
With elections coming up in the US and Japan soon, Citigroup examines the expected moves of the USD/JPY pair, which has been trading erratically recently.After opening the week at a
Global Money Market Funds See Surge in Inflows
The week leading up to October 2 saw significant inflows into global money market funds as investor apprehension ahead of an important U.S. payrolls report and elevated geopolitical tensions in
U.S. job creation payrolls surged by 254,000 roared higher in September
Key PointsNonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.The unemployment rate fell to 4.1%, down
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