Yen recovered modestly in Asian session as Tokyo officials reissued verbal warnings against excessive moves in the currency market. After the week’s accelerated selling following Sanae Takaichi’s election as LDP leader, the latest remarks from Read more…
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Key Highlights USD/JPY rallied above 150.50 and 152.00. The pair could aim for more gains if it clears the 153.20 resistance on the 4-hour chart. EUR/USD extended losses below 1.1620 and 1.1600. GBP/USD is also Read more…
RBA Governor Michele Bullock told lawmakers today that the economy is in a “pretty good spot,” with inflation back within the 2–3% target band and the labor market still tight. Speaking before a parliamentary committee Read more…
Japan’s corporate goods price index rose 2.7% yoy in September, unchanged from August and slightly above expectations of 2.5%. The data suggest that while upstream cost pressures remain contained, they have yet to fade meaningfully. Read more…
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New Zealand’s BNZ Performance of Manufacturing Index held steady at 49.9 in September, marking another month of contraction and remaining below its long-term average of 52.4. The data highlighted a mixed picture across key components Read more…
Fed Governor Michael Barr said in a speech overnight that monetary policy remains “modestly restrictive”, and supported the decision to lower the federal funds rate by 25 bps at the September meeting. He said the Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Those who know a bit about Read more…
The RBA has almost certainly not yet decided whether or not to cut the cash rate in November. The data flow from here will determine the outcome, with hesitation now likely to result in more Read more…