Japan's yen held close to eight-year lows touch this week around ¥122. The yen's loss of value has stemmed in part from rising U.S. Treasury yields that signal a market growing confident in prospects for a Fed rate hike …
Japan's yen held close to eight-year lows touch this week around ¥122. The yen's loss of value has stemmed in part from rising U.S. Treasury yields that signal a market growing confident in prospects for a Fed rate hike this year.
Central bank announcements by Japan on Tuesday and the U.S. on Wednesday should offer the next critical drivers for the Japanese currency. Whichever direction U.S. yields head, the yen is liable to move in the opposite direction.
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…