The USD/JPY outlook weakens as BoJ said it would continue buying government bonds at the current rate.
The dollar was strong due to safe-haven inflows...
Data revealed that US consumer prices remained unchanged in May.
Experts believe the downtrend in inflation could continue as major US retailers slash goods prices.
After...
The dollar plunged on Wednesday after softer-than-expected consumer inflation data.
Fed policymakers projected only one rate cut in 2024.
Data on Thursday showed a bigger-than-expected increase...
Investors have shifted their focus to the upcoming consumer inflation numbers.
Economists are expecting softer US inflation figures this month.
Japan’s service sector sentiment fell in...
The dollar remained strong after the recent surge in Treasury yields.
All eyes are on the Consumer Price Index report and the Fed meeting.
Data from...
There was political tension after French President Emmanuel Macron called for a snap election.
The euro suffered as the dollar rallied after Friday’s nonfarm payrolls...
The excitement around the cryptocurrency market is being reignited, thanks to the surge in Bitcoin demand and the anticipated endorsement of Ethereum-based Exchange-Traded Funds...
US job vacancies dropped, and private firms employed fewer people in May.
The US services sector remained robust despite high borrowing costs.
The nonfarm payrolls showed...
The NFP report showed bigger-than-expected job growth in May.
Traders scaled back rate cut expectations, leading to a rally in the dollar.
Economists expect the headline...
The European Central Bank cut interest rates for the first time since 2019.
The ECB’s Lagarde refrained from committing to a rate-cutting path.
There was caution...
Japan’s economy likely shrank less than expected in the March quarter.
The dollar traded near an 8-week low due to increased rate cut expectations.
Investors eagerly...