Japanese Yen holds as soft US data meets a weak Yen
USD/JPY is holding near 159.40 at the time of writing, with little change on the day. A weak United States (US) Consumer Sentiment reading nudged the Dollar lower, but the pair has stayed close to where it started. The University of Michigan’s preliminary Consumer Sentiment Index dropped to 51 in August from 55.2, well below […]
Why Nvidia’s $500bn investment mobilization is a positive for the stock
Why Nvidia’s $500bn investment mobilization is a positive for the stock Source link
Gold Price Forecast: XAU/USD Holds Above $4,400 – Can the Rally Sustain? – CryptoRank
Gold Price Forecast: XAU/USD Holds Above $4,400 – Can the Rally Sustain? CryptoRank Source link
Nvidia weighs $3 bln in SB Energy for Ohio AI data center – The Information
Nvidia weighs $3 bln in SB Energy for Ohio AI data center – The Information Source link
XAUUSD Falls Below $4,000 as Dollar Strength Deepens Gold Selloff – VT Markets
XAUUSD Falls Below $4,000 as Dollar Strength Deepens Gold Selloff VT Markets Source link
Activity data and PBOC stance guide FX – MUFG
MUFG’s Asia FX Weekly highlights that China’s July activity indicators, following weak Q2 GDP, will be central for the Chinese Yuan and regional FX. The authors stress ongoing weakness in fixed asset investment and property-sector challenges, and question whether domestic demand is stabilizing and whether PBOC will tolerate continued CNY strength. They also note PBOC […]
