The Japanese Yen (JPY) is down against its major currency peers, except antipodeans, at the start of the week. In the early European trade, the US Dollar (USD) is up 0.17% at around 157.77 against the Japanese currency.
The GBP/USD pair attracts some dip-buyers at the start of a new week and climbs back to the 1.3400 mark during the Asian session, stalling its modest pullback from the highest level since September 16 set on Friday.
U.S. **spot Bitcoin ETFs** posted **$203 million in net outflows** last week. U.S. **spot Ethereum ETFs** saw **$432 million in net outflows** over the same period, marking a **fifth straight week of net outflows**. The two **spot ETFs** posted **combined net outflows of $635 million** last week, with Ethereum accounting for **about 68% of total withdrawals**.
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Looking at the 4-hour chart, the pair settled below the 100 simple moving average (red, 4-hour) and the 200 simple moving average (green, 4-hour). It even revisited the 1.1110 zone. A low was formed at 1.1104, and the pair started a minor recovery wave.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after posting modest gains in the previous day and trading near 102.00 during Asian hours on Monday.
The S&P 500 (^GSPC -1.82%) has risen around 11% this year as I write. And by one valuation gauge with data going back to 1871, investors have rarely paid more for it.That gauge is the cyclically adjusted...
Gold (XAU) prices rebounded in early Asian trading on Monday after the strong sell-off on Friday last week. This rebound may have been triggered by the correction in the oil market on Monday due to progress...
The AUD/USD pair shows minor downward movement at the start of a new week, trading near the 0.7020 region, down around 0.15% for the day during the Asian session. Traders, however, might refrain from placing fresh directional bets ahead of the Reserve Bank of Australia (RBA) decision on Tuesday.
By Stella QiuThe Australian dollar marked time on Monday ahead of a policy decision where rates are set to hit an 18-year high, while the New Zealand dollar braced for an election week that could see a change in government and, possibly, the central bank's mandate.The Aussie FX:AUDUSD held at $0.70...
NZD/USD extends its losses for the second successive day, trading around 0.5620 during Asian hours on Monday. The pair depreciates as the New Zealand Dollar (NZD) remains subdued following the release of...
The GBP/USD pair holds steady near 1.3390 during the Asian trading hours on Monday. Traders prefer to wait on the sidelines ahead of the key events later this week. The Bank of England (BoE) interest rate decision will be in the spotlight on Thursday.
The USD/JPY pair gains some positive traction at the start of a new week, recovering further from Friday's post-Bank of Japan (BoJ) swing low to sub-157.00 levels. The momentum lifts spot prices to the 157.85...
Gold prices climbed above $3,900 an ounce on Monday, recovering modestly from one-year lows as declining oil prices eased concerns over inflation and potential interest rate increases.Oil prices declined amid signs of ongoing diplomatic efforts to prevent renewed US military action against Iran fol...
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign...
Katayama’s remarks keep the threat of intervention in the background without signalling that action is imminent, and the yen’s weakness on the session suggests markets see little immediate deterrent. Her refusal to judge current levels, and her comment that conditions have improved, read as a holding pattern rather than an escalation in verbal warnings. Pointing to the joint statement with the US is a reminder that Tokyo believes it has room to act if moves become disorderly, which may make traders more cautious about pushing the yen sharply lower in a short period. A weaker currency also adds to import costs at a time when Japanese manufacturers are already reporting firmer input price inflation.
Japanese Finance Minister (FM) Satsuki Katayama said on Monday that the Joint FX statement with the United States (US) persists and the government will act against disorderly moves.
Japanese Finance Minister Satsuki Katayama said on Monday that the Japanese government remains ready to take action against disorderly foreign exchange movements, as agreed with the US."We'll take action when needed," Katayama said at a regular press conference.
SHANGHAI: China’s yuan firmed against the US dollar to its strongest level in more than four years on Friday and was headed for a fourth straight month of gains, as traders said exporters continued to convert...
Somewhere between a football highlight and a cooking video on our For You pages, the stock tips arrive: the five best shares to buy before the market opens. A short clip insists that anyone watching can beat...
The AUD/USD pair declines to around 0.7025 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) amid elevated geopolitical tensions in the Middle East.
MPLX (MPLX +0.45%) will report its third-quarter results on Tuesday, Nov. 3. The energy company's management team previously said these results should be stronger than what it reported in the second quarter,...