EBC Daily Snapshot Jun 7, 2024
The dollar hovered near an 8-week low Friday, awaiting a key US jobs report for Fed policy clues. Markets expect a 50 bps cut by year-end.
EBC Financial Group
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17 days ago
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Yen: a managing decline
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Yen: a managing decline
FxPro
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8h 20min ago
Yen under pressure as USD/JPY hits new highs since 1986
The USD/JPY pair soared to 160.34 on Thursday, reaching levels not seen since 1986, as market participants increasingly anticipate potential interventions from Japanese authorities. Despite repeated verbal assurances, the Japanese government has not taken concrete financial measures, leaving the yen vulnerable.
RoboForex
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11h 51min ago
EBC Daily Snapshot Jun 27, 2024
The dollar trimmed gains from the previous session as Treasury yields slightly eased. US new home sales fell last month due to high mortgage rates.
EBC Financial Group
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11h 55min ago
Dollar rises to a 38-year high against yen
Dollar rises as investors digest Fed remarks - Dollar/yen breaks 160, triggers intervention warnings - Wall Street trades in the green, AI still the main driver
XM Group
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12h 30min ago
Buyers failed to pick up on the crypto market
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Buyers failed to pick up on the crypto market
FxPro
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13h 41min ago
EBC Markets Briefing | All eyes on Friday with a yen below 160
The yen hovered near a 38-year low below 160 per dollar. Finance Minister Shunichi Suzuki said authorities would take the necessary actions.
EBC Financial Group
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14h 7min ago
Japanese Yen Trades to New Low in Decades
The Japanese Yen plummeted to its weakest level since 1986 at 160.87 against the greenback, the currency pair has lost more than 12% this year
PU Prime
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15h 53min ago
Daily Global Market Update
The Euro and Gold dipped slightly, while the Dollar strengthened against the Yen. Meta's stock surged but might be overbought. Amazon hit $2 trillion in market cap, boosting investor optimism. Upcoming economic data include US GDP and Durable Goods Orders.
Moneta Markets
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16h 27min ago