USD/JPY Holds Near 159.00

USD/JPY trades flat near 159.00 awaiting Iran developments The USD/JPY pair is trading calmly around 159.00. The pair's sideways movement comes as investors await fresh developments on negotiations between the US and Iran. The US Dollar Index trades margina

US Dollar Index Steady Near 99.00

US Dollar Index remains steady around 99.00 The US Dollar Index, which measures the value of the US Dollar against six major currencies, is remaining steady after registering modest losses in the previous day. The index hovered around 99.10 during the Asian hours.

Japan Posts Surprise Trade Surplus

Japan's April exports rose 14.8% year-on-year Japan's exports increased 14.8% year-on-year in April, beating the 9.3% forecast. This growth led to a surprise trade surplus of 301.9 billion yen. Exports to the US rose 9.5% and to China 15.5% year-on-year. Imports gre

Australia Unemployment Rate Rises To 4.5%

Unemployment rate jumps to 4.5% in April Australia's unemployment rate rose to 4.5% in April, its highest since November 2021, as employment fell by 18,600. The decline in employment was broad-based, with full-time employment declining by 10,700 and part-time employme