Yen surged broadly Monday, pushing USD/JPY through 157, after Japan’s Vice Finance Minister Atsushi Mimura sharpened Tokyo’s intervention warning, saying markets should take the coordinated Japan-US message on Yen weakness “at face value.
The post Yen Surges on Tokyo Warning, but Oil and Yields Still Set the Broader FX Tone appeared first on ActionForex.
Markets The resumption of oil through Saudi Arabia’s East-West pipeline probably prevented Brent crude prices from targeting $110/b today. That was the way we were headed before news broke that flows through the pipeline have Read more…
Artificial intelligence tools that answer questions or generate text on request have become standard in many offices. The newer category of AI software is built around a different premise: It takes multiple steps, interacts with Read more…
Microsoft employees are facing another round of job cuts. The latest reductions come less than three months after the technology giant announced one of its biggest workforce restructurings of the year. On July 6, Microsoft Read more…