A sense the Fed would raise its key interest rate later rather than sooner worked in the yen's favor, which moved below ¥120 against the greenback. The yield on the U.S. 10-year note has swung from comfortably above 2 pe…
A sense the Fed would raise its key interest rate later rather than sooner worked in the yen's favor, which moved below ¥120 against the greenback.
The yield on the U.S. 10-year note has swung from comfortably above 2 percent to now comfortably below that level which has tarnished the greenback's short term prospects and encouraged the Japanese investor to keep money at home.
The yen should take some fundamental drivers from late week reports on Japanese inflation, unemployment and retail sales. What the outcomes suggest about the outlook for Japanese monetary policy will be of critical importance for the yen.
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…