Western Union:The Japanese Yen plummeted to eight year lows on the back of a strong US Dollar. The minutes of Bank of Japan's April meeting indicated that the time frame for achieving its target of 2 percent inflation co…
The Japanese Yen plummeted to eight year lows on the back of a strong US Dollar. The minutes of Bank of Japan's April meeting indicated that the time frame for achieving its target of 2 percent inflation could be delayed. The minutes also indicated that the BoJ did not see a need for further easing now.
Japan's economy minister Amari said that rapid FX movements are undesirable and that the recent move reflects the strength of the US Dollar. The weaker Yen has been propelling stocks with the Nikkei 225 closing up for the ninth consecutive day and managed to ignore the large fall in US stocks yesterday.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
