© Reuters. Banknotes of Chinese yuan and U.S. dollar are seen in this illustration picture taken September 29, 2022. REUTERS/Florence Lo/Illustration SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for dollar deposits, people familiar with the matter said, as […]

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Prices, Analysis, and Charts Recommended by IG Traits of Successful Traders ​​​FTSE 100 to open higher ​The FTSE 100 continues to underperform its peers as worries about the utility sector, with the potential demise of Thames Water, and higher UK yields […]

© Reuters Investing.com – The U.S. dollar stabilized in early European trade Friday, but is on course to record strong quarterly gains as traders anticipate the U.S. Federal Reserve raising interest rates further as the year progresses. At 02:00 ET (06:00 GMT), the , which tracks the greenback against a basket of six other currencies, […]

Japanese Yen, USD/JPY, US Dollar, Fed, BoJ, China PMI, Crude Oil, Gold – Talking Points The Japanese Yen remains under pressure after the US Dollar resumed strengthening The Fed reminded markets of their intention and yields responded, backed by the data If Treasury yields continue North, will it push USD/JPY higher and prompt the BoJ […]

Major currencies are not much changed on the day but all eyes are on the Japanese yen, as the currency weakens to 145 against the dollar earlier in Asia trading. USD/JPY is now at 144.70 as traders are also perhaps taking profits amid fear of intervention by Japan officials. Meanwhile, equities are in a steadier […]

2/2 © Reuters. A banknote of Japanese yen is seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration 2/2 By Tetsushi Kajimoto TOKYO (Reuters) -Japan will take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows […]

HANG SENG, SHANGHAI COMPOSITE INDEX – Outlook: China manufacturing activity rose a bit in June. China non-manufacturing activity eased in June. What is the outlook for the Hang Seng Index and the Shanghai Composite Index? Recommended by Manish Jaradi Traits of Successful Traders China/Hong Kong equity indices were steady amid hopes of a broader stimulus […]

A significant upward revision in the final read for US first-quarter gross domestic product (GDP) data (2.0% versus 1.4% forecast) adds to the list of positive economic surprises in the US lately, with economic resilience aiding to calm some nerves around recession concerns, at least for now. That paved the way for some catch-up performance […]

It has been a while since the last update. Since then, many new clients have joined AI for Gold. I received great feedback which confirmed my efforts to continue developing the EA towards a solid and reliable software delivering best user experience out there.  This new update comprises several new feature for the user. It […]

JAPANESE YEN FORECAST: The Japanese yen has depreciated significantly against its top peers recently, weighed by BoJ’s dovish monetary policy USD/JPY continues its advance towards the 145.00 handle, with rising U.S. yields bolstering the U.S. dollar performance Meanwhile, GBP/JPY wavers at 184.00 as the market becomes stretched and prices approach major technical resistance Recommended by […]

GOLD PRICES OUTLOOK Gold prices lacks directional conviction, swinging back and forth between gain and losses Despite Wednesday’s price action, the precious metal could come under pressure following the recent jump in rates U.S. Treasury yields soar after first-quarter GDP is revised sharply higher and unemployment claims surprise to the downside Recommended by Diego Colman […]