EUR/USD holds at 1.1554 Early indications show little change from late Friday in main Asian centre markets. The EUR/USD pair is currently trading at 1.1554, while the USD/JPY pair is at 157.27. The GBP/USD pair is trading at 1.3484, with the USD/CHF pair at 0.807
Claiming Social Security at 62 cuts monthly benefits by 30% Claiming Social Security at 62 instead of 67 results in a 30% reduction in monthly benefits. The average retired worker receives a monthly Social Security benefit of about $2,084. Claiming at 62 results
A leaked document reveals US Treasury Secretary Scott Bessent intends to buy between $5B and $10B in Japanese yen. A photograph taken during a cabinet meeting at Camp David revealed a handwritten note by US Treasury Secretary Scott Bessent outlining plans to purchase $5B-$
USD higher as yen strengthens on intervention speculation The US dollar finished mixed on Friday, with the dominant story remaining the Japanese yen. The yen strengthened for a second consecutive day as speculation intensified that Japanese authorities were preparing
Traders bet on Japanese authorities stepping in to support the yen after reports of rate checks and bank preparations for currency intervention. The Japanese yen strengthened for a second day amid growing speculation that authorities are preparing to intervene in currency
The New Zealand Dollar extends gains as technical momentum and broad USD softness drive the pair toward key resistance levels. The New Zealand Dollar climbed above 0.5850 against the USD, extending a three-day rally amid broad US Dollar weakness and improved risk sentiment
July Nonfarm Payrolls report expected to show 91K jobs added, up from June’s 57K, as markets gauge labor market strength. The US Dollar’s near-term direction hinges on July’s Nonfarm Payrolls report, with markets forecasting 91K jobs added after June’s weaker-than-expected
The currency pair recovers from weekly lows, supported by technical levels and potential intervention signals from US authorities. The USD/CHF pair climbed to a daily high of 0.8127 before settling near 0.8080, recovering from earlier losses. The rebound follows reports th
XAU/USD falls to session lows after USD recovers from a 30-day trough following Japanese forex market intervention. Gold prices slid nearly 1.5% on Friday as the US Dollar regained strength after Japanese authorities intervened in currency markets. The rebound in the USD,
XAU/USD falls 1.5% to $4,045 amid rising US yields and Fed rate hike dissent, erasing weekly gains. Gold prices dropped nearly 1.5% to $4,045 as US Treasury yields surged, offsetting a modest recovery in the US Dollar. The 10-year Treasury note yield rose 7.5 basis points
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