Japanese Yen holds near 40-year low amid Fed-BoJ rate gap

The USD/JPY pair edges lower on Friday as bulls turn cautious in anticipation of a potential government intervention to prop up the Japanese Yen (JPY). Nevertheless, spot prices remain within striking distance of the four-decade high, touched on Thursday, and the 164.00 mark amid a supportive fundamental backdrop. A stark contrast in monetary policy between […]
Gold Price Forecast: XAU/USD Pulls Back Below $4,100 as US Yields Rise – CryptoRank

Gold Price Forecast: XAU/USD Pulls Back Below $4,100 as US Yields Rise CryptoRank Source link
European shares steady as markets assess earnings, Middle East tensions
European shares steady as markets assess earnings, Middle East tensions Source link
British Pound remains depressed near 1.3300 despite upbeat UK Retail Sales data

The British Pound (GBP) remains pinned near three-week lows against the US Dollar (USD) on Friday, trading near 1.3300 and on track for a 1% weekly decline. The upbeat UK Retail Sales data seen earlier on Friday has failed to lift the Pound, weighed heavily by risk-averse markets and increasing fiscal concerns in the UK. […]
Gold Price Forecast: XAU/USD Retains Bearish Bias As Markets Brace For Fed Decision – Bitcoin World

Gold Price Forecast: XAU/USD Retains Bearish Bias As Markets Brace For Fed Decision Bitcoin World Source link
China’s memory chip makers ride AI boom to new power — and U.S. scrutiny

China’s memory chip makers ride AI boom to new power — and U.S. scrutiny Source link
Gold Price Forecast: XAU/USD retains bearish bias heading into the Fed week – FXStreet

Gold Price Forecast: XAU/USD retains bearish bias heading into the Fed week FXStreet Source link
United States Dollar Index holds gains near 101.50 on revival of hawkish Fed bets

The US Dollar (USD) clings to the previous day’s gains in the Asian session on Friday, as surging oil prices due to intensified Middle East energy supply risks have revived Federal Reserve (Fed) interest rate hike expectations. At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades […]
Japan’s Nikkei falls more than 2% on AI spending worries

Japan’s Nikkei falls more than 2% on AI spending worries Source link
Gold Price Analysis: XAU/USD Faces $4,050 Triple-Top Rejection After ECB Holds; Quick Trade Idea – FXLeaders

Gold Price Analysis: XAU/USD Faces $4,050 Triple-Top Rejection After ECB Holds; Quick Trade Idea FXLeaders Source link
