USD/JPY Range-Bound as Markets Price in BoJ Hike, Scotiabank Says
The Japanese Yen is trading in a range against the US Dollar as market participants increasingly price in a potential rate hike by
Forex News
Forex News
ING: Yuan’s Appreciation Against Dollar to Slow, But Trend Remains
ING analysts project that the pace of the Chinese Yuan’s appreciation against the US Dollar will moderate, according to a recent note. The
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Dollar Rises as PCE, GDP Data Keep Traders on Edge About Fed Rate Outlook
The US dollar strengthened against major currencies on Friday as fresh inflation and economic growth data left traders uncertain about the Federal Reserve’s
Forex News
Bitwise: Bessent’s Bond Moves and Dollar Weaponization Bolster Bitcoin’s Appeal
Bitwise Asset Management has stated that Treasury Secretary Scott Bessent’s recent bond market maneuvers and the ongoing weaponization of the U.S. dollar are
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XRP Holds $1.40 as On-Chain Activity Signals Renewed Investor Interest
XRP, the digital asset associated with the Ripple payment network, is currently defending the $1.40 support level as on-chain data reveals a notable
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South Korean Won’s Rally Against USD May Lose Steam, OCBC Says
The South Korean won’s recent appreciation against the US dollar may slow, according to OCBC strategists, as market dynamics shift and external factors
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Emerging Markets: BNY Sees Persistent Idiosyncratic Bid in Equities
BNY has identified a persistent idiosyncratic bid in emerging market equities, according to a recent analysis, indicating that stock-specific factors are driving gains
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USD/JPY Price Forecast: 160.00 Caps Bulls as Intervention Risk Lingers
The USD/JPY pair faces stiff resistance at the 160.00 level, with bulls repeatedly capped as Japanese authorities maintain a heightened threat of currency
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US Durable Goods Orders Ex-Defense Jump 1.3% in July, Signaling Resilient Business Investment
US durable goods orders excluding defense rose 1.3% in July, up from a revised 0.3% increase in June, according to data released today
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US Dollar Firms Ahead of Jackson Hole: What to Expect from Powell’s Speech
The US dollar strengthened against major currencies on Tuesday as traders positioned for the Federal Reserve’s annual Jackson Hole symposium, where Chair Jerome