Authorities appear to have intervened again to prop up the yen after its recent sharp decline against the dollar. Japan may have spent $32 billion in a fresh round of yen-buying intervention to stem the currency’s slide. The move follows persistent weakness in the yen, whi
AUD/USD: Break above 0.72 highlights risk-on rotation – DBS Philip Wee at DBS Group Research points out that the Australian Dollar (AUD) has been a key beneficiary of the risk-on shift. AUD/USD broke above 0.72 after the Reserve Bank of Australia (RBA) signalled a pause fo
Philip Wee at DBS Group Research points out that the Australian Dollar (AUD) has been a key beneficiary of the risk-on shift. AUD/USD broke above 0.72 after the Reserve Bank of Australia (RBA) signalled a pause following three consecutive rate hikes
Eurozone Retail Sales decline moderately by 0.1% MoM in March vs. 0.3% estimates Eurozone Retail Sales, a key measure of consumer spending, decline by 0.1% month-on-month (MoM) in March, while it was expected to contract steadily by 0.3%. February’s figure was revised lowe
Eurozone Retail Sales, a key measure of consumer spending, decline by 0.1% month-on-month (MoM) in March, while it was expected to contract at a steady pace of 0.3%. February’s figure revised lower from -0.2%
The US Dollar Index falls for a second day, approaching 97.50 as traders weigh Fed policy and economic data. The US Dollar Index (DXY) declined for a second consecutive session, trading near 97.90 in European hours as selling pressure intensified. The gauge, which tracks t
Prior -0.2%; revised to -0.3% More to come.. This article was written by Justin Low at investinglive.com
AUD/USD Price Forecast: Bullish near multi-year top amid Iran peace deal hopes, hawkish RBA The AUD/USD pair attracts some buyers for the third consecutive day on Thursday and remains within striking distance of its highest level since June 2022, around the 0.7275-0.7280 region,...</stron
USD: Softer tone as Fed seen delaying cuts – MUFG MUFG’s Lloyd Chan notes the US Dollar (USD) has softened as US Dollar Index (DXY) retests support and US yields fall, while equities hit new highs. Recent US data show stronger ADP employment but worrying ISM services infla
A large transfer of 99,999,999 TRX tokens, valued at $34.4 million, was detected from HTX to an unidentified wallet. HTX transferred 99,999,999 TRX tokens, equivalent to $34.4 million, to an unknown wallet. The transaction raises questions about the purpose and destination