The Bank of Japan can’t save the Japanese Yen

USD/JPY is grinding into the Bank of Japan’s (BoJ) June meeting above the 160.00 handle, a whisker from multi-decade highs, while the central bank meant to defend the Yen prepares to raise rates to a three-decade high without lifting the currency at all. A quarter-point step to 1% has been roughly 80% priced for weeks, […]
ConocoPhillips to sign Syria gas deal this week – FT
ConocoPhillips to sign Syria gas deal this week – FT Source link
XAU/USD Gold Price Analysis Today: Does the halt in Dollar gains signal the start of a new upward wave? – Daily Forex

XAU/USD Gold Price Analysis Today: Does the halt in Dollar gains signal the start of a new upward wave? Daily Forex Source link
Dow Jones buys the headline on an Iran deal, not the fine print

The Dow Jones Industrial Average (DJIA) punched to a fresh all-time intraday high on Monday, climbing around 1% as Wall Street cheered a preliminary peace agreement between the US and Iran. The catalyst is real enough; the framework reopens the Strait of Hormuz, lifts the US naval blockade, and extends the existing ceasefire by 60 […]
