Japan’s Inflation Steady: National CPI Rises 1.7% in June, Core Matches Forecasts
Japan’s national Consumer Price Index (CPI) rose 1.7% year-on-year in June 2024, according to official data released on July 19, 2024. The core
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Dollar Surges to One-Month High as Brent Crude Breaches $100; Euro Slides After ECB Holds Steady
The US dollar climbed to a one-month high on Thursday, while Brent crude oil surged past the $100 per barrel mark for the
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Australian Dollar Under Pressure as Strong US Data Fuels Fed Tightening Bets
The Australian Dollar weakened against the US Dollar on Monday, extending its recent decline as robust US economic data reinforced expectations that the
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Australia Manufacturing PMI Edges Higher to 51.7 in July, Marking Sustained Growth
Australia’s manufacturing sector continued its expansionary trend in July, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rising to 51.7 from 51.5
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Australia’s Manufacturing Sector Extends Growth Streak as July PMI Rises to 51.7
Australia’s manufacturing sector expanded for the second consecutive month in July, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) rising to 51.7,
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Chinese Yuan: Upside Bias Toward 6.7600 Against US Dollar, Says UOB
Analysts at United Overseas Bank (UOB) see an upside bias for the Chinese Yuan against the US Dollar, with a potential move toward
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EUR/JPY Extends Rally as ECB Rate Hike Bets Weigh on Yen
The EUR/JPY currency pair has extended its recent rally, driven by growing expectations that the European Central Bank (ECB) will deliver further interest
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Indonesian Rupiah Under Pressure: MUFG Sees Case for Further BI Tightening
The Indonesian rupiah may face continued depreciation pressure, prompting Bank Indonesia (BI) to consider additional monetary tightening, according to a recent analysis from
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Ethereum Price Outlook: Derivatives Interest Shows Improvement, but Caution Lingers
Ethereum’s derivatives market is showing signs of renewed interest, a development that often precedes increased price volatility. However, underlying data suggests that traders
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Forex Today: US Dollar Rallies on Strong Jobs Data, Oil Surges on Middle East Risks
The US Dollar strengthened broadly on Friday, driven by stronger-than-expected US labor market data and escalating geopolitical tensions in the Middle East, which