Japanese Yen holds near four-week low vs USD as Iran risks loom
The USD/JPY pair trades with a mild negative bias during the Asian session on Wednesday, though it remains close to a nearly four-week high touched the previous day. Moreover, the fundamental backdrop and the lack of follow-through selling warrant some caution before confirming that spot prices have topped out in the near term. Traders turn […]
Exclusive-Samsung plans $1.5 billion chip testing plant in Vietnam, document shows
Exclusive-Samsung plans $1.5 billion chip testing plant in Vietnam, document shows Source link
Gold declines to near $4,500 as renewed US‑Iran tensions, Fed tightening bets weigh – FXStreet
Gold declines to near $4,500 as renewed US‑Iran tensions, Fed tightening bets weigh FXStreet Source link
Samsung union workers approve wage deal with 74% support; shares surge
Samsung union workers approve wage deal with 74% support; shares surge Source link
Gold (XAU/USD) Price Forecast: Compression Signals Breakout Setup Ahead – FXEmpire
Gold (XAU/USD) Price Forecast: Compression Signals Breakout Setup Ahead FXEmpire Source link
PBOC sets USD/CNY reference rate at 6.8291 vs. 6.8288 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8291 compared to the previous day’s fix of 6.8288 and 6.7883 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, […]
Brazil senator and presidential contender Flavio Bolsonaro meets Trump at White House
Brazil senator and presidential contender Flavio Bolsonaro meets Trump at White House Source link
Gold Price Today, May 21: XAU/USD Climbs above $4,540 as Safe-Haven Demand Supports Gold – Markets.com
Gold Price Today, May 21: XAU/USD Climbs above $4,540 as Safe-Haven Demand Supports Gold Markets.com Source link
Pound Sterling coils while the BoE and Fed freeze in lockstep
Cable looks dead this week, and that is not an accident. The Bank of England (BoE) and the Federal Reserve (Fed) have quietly become the same central bank. Both are sitting on their hands, both are watching above-target inflation get shoved higher by the same Middle East oil shock, both have hawkish dissenters in the […]
Lockheed Martin wins $115M in U.S. military contracts
Lockheed Martin wins $115M in U.S. military contracts Source link
