by Forexregulationinquiry | Jan 29, 2024 | News
The Japanese Yen is undermined by the weaker Tokyo Core CPI released on Friday. The USD holds steady just below the monthly peak and lends support to USD/JPY. Traders, however, seem reluctant amid the uncertainty over the Fed’s rate cut path. The Japanese Yen (JPY)...
by Forexregulationinquiry | Jan 25, 2024 | News
Japan’s top currency diplomat Masato Kanda commented on the weaker Japanese Yen (JPY) on Thursday. Kanda stated that it’s important for FX to move stably, reflecting fundamentals. Key quotes “Strong market interest in US rate cut timing and BOJ policy outlook,...
by Forexregulationinquiry | Jan 25, 2024 | Forex News, News
Indian Rupee edges lower on the modest recovery of the US Dollar. The Indian economy is forecast to expand by 7.3% in the current fiscal year. The flash US Gross Domestic Product growth numbers (Q4) are due later on Thursday. Indian Rupee (INR) loses ground on...
by Forexregulationinquiry | Jan 24, 2024 | Trusted Broker
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by Forexregulationinquiry | Jan 24, 2024 | News
Australian Dollar loses ground despite the improved PMI figures. Australian Manufacturing and Services PMI increased to 50.3 and 47.9, respectively. The upbeat Australian share market provides support for the AUD. US Dollar demand persists on risk aversion sentiment...
