Japan’s Katayama Signals Readiness to Act on Yen Volatility
Japan’s top currency diplomat, Atsushi Katayama, reiterated on Thursday that authorities are prepared to take appropriate action against excessive and disorderly currency market
Forex News
Forex News
WTI Crude Oil Holds Below $68.50 as Middle East Supply Fears Ease
West Texas Intermediate (WTI) crude oil futures traded below the $68.50 per barrel mark on Tuesday, as signs of de-escalation in the Middle
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Tech Stocks Slide While Broader Market Shows Resilience: Deutsche Bank
A notable divergence is emerging in equity markets, with a pronounced slump in technology stocks contrasting against a broader resilience across other sectors,
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Japan’s Service Sector Expands Faster Than Expected in June, PMI Hits 52.2
Japan’s service sector showed stronger-than-anticipated growth in June, with the Jibun Bank Services Purchasing Managers’ Index (PMI) rising to 52.2. This figure surpassed
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Euro Slips Below 1.1450 as Softer Eurozone Inflation Dims ECB Rate Hike Prospects
The euro weakened against the U.S. dollar on Tuesday, trading below the 1.1450 threshold, following the release of softer-than-expected inflation data from the
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Ireland’s Services Sector Growth Accelerates in June as AIB PMI Hits 54.2
Ireland’s services sector expanded at a faster pace in June, with the AIB Services Purchasing Managers’ Index (PMI) rising to 54.2 from 50.8
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Spain Unemployment Falls Less Than Expected in June, Missing Forecasts
Spain’s labor market showed a slower-than-expected improvement in June, as the number of registered unemployed fell by 28,700, official data released on Tuesday
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South Korean Won: Export Strength Fails to Halt Decline, Says Societe Generale
South Korea’s export sector has shown notable resilience in recent months, yet the South Korean Won continues to face downward pressure, according to
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Gold Breaks Above $4,100 as Weak US Jobs Data Boosts Safe-Haven Appeal
Gold prices surged past the $4,100 mark on Monday, extending gains after a weaker-than-expected US nonfarm payrolls (NFP) report fueled fresh safe-haven demand.
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Chinese Yuan Swings to Range Trading as Weakness Against US Dollar Subsides: UOB
Analysts at United Overseas Bank (UOB) have observed a shift in the Chinese yuan’s (CNY) trading pattern against the US dollar (USD), noting