Japanese Yen’s remarkable rally has become a focal point in the currency markets today. It’s strength is extending into US session. This surge is not an isolated event but a reflection of broader shifts in Read more…
USDJPY remains under increased pressure on Monday and extends steep bear-leg from 151.43 lower top into third straight day. Last week’s close below psychological 150 level generated initial bearish signal which was boosted by today’s Read more…
Australian dollar rises to 13-week high The Australian dollar is in positive territory on Monday. In the European session, AUD/USD is trading at 0.6553, up 0.59%. The Aussie is flexing its muscles, gaining some 3% Read more…
Updated at 7:42 AM EST Bristol Myers Squibb (BMY) – Get Free Report shares slumped lower in early Monday trading after drugmaker Bayer AG halted late-stage trials of a blood thinning drug that could complicate the Read more…
The latest monthly report from Bundesbank presents a mixed outlook for the German economy, highlighting persistently high inflation and a slow yet expected recovery. According to the report, headline inflation at 3.0% and core inflation Read more…
Japanese yen posts sharp gains on Monday The Japanese yen is up for a third straight day on Monday and has climbed 2% against the US dollar in the current rally. In the European session, Read more…
EURUSD stretches to fresh highs ahead of important PMI data Overbought signals strengthen near August’s hurdles EURUSD stepped into the 1.0900 zone after an exponential rally last week, marking a new 2½-month high of 1.0934 Read more…
US 500 stock index posts fresh 2½ -month high But advance seems to be taking a breather Momentum indicators approach their overbought zones The US 500 stock index (cash) has been staging an aggressive rally since it bottomed out in late Read more…
The Japanese stock market index, made up of shares of 225 companies, is showing high volatility today, attempting to break through the September high. Reuters wrote that the index had reached its highest level since Read more…
Updated at 6:06 AM EST Microsoft (MSFT) – Get Free Report shares powered higher Monday after it said OpenAI founder Sam Altman would lead the tech giant’s AI effort following a weekend of boardroom drama that Read more…