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Most Asian stocks track Wall St record as US data ease rate fears
Most Asian stocks rose Friday as another soft US inflation reading solidified expectations the Feder...
United States Dollar Index softens below 100.00 as softer PPI dampens Fed hike odds
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of...
AI frenzy drives Chinese tech valuations to multiples of US peers
Support from Beijing has helped power 29% gain for Star 50 index this year...
Japan’s Katayama: No impact expected on policy meeting after BoJ's Ueda hospitalized
Japan’s Finance Minister Satsuki Katayama said on Friday that the Bank of Japan’s (BoJ) monetary policy meeting on June 15-16 will proceed as planned despite Governor Kazuo Ueda’s absence. Ueda is in ...
PBOC sets USD/CNY reference rate at 6.8109 vs. 6.8150 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8109 compared to the previous day's fix of 6.8150 and 6.7640 Reuters estimate.
British Pound eases from weekly high vs USD as Iran risks and UK data looms
The GBP/USD pair struggles to capitalize on the previous day's sharp intraday rally of over 100-pips and edges lower during the Asian session on Friday.
Japanese Yen softens as hot US PPI boost US Dollar
The USD/JPY pair gains traction to near 160.25 during the early Asian session on Friday. Hotter-than-expected US Producer Price Index (PPI) data provides some support to the US Dollar (USD) against th ...
WTI steadies around $85.00 as Trump indicates potential Iran deal
West Texas Intermediate (WTI) oil price remains subdued after registering over 5.5% losses in the previous day, trading around $85.00 per barrel during the Asian hours on Friday.
Euro strengthens as ECB hikes interest rates for first time since 2023
The EUR/USD pair gathers strength to around 1.1575 during the early Asian trading hours on Friday. The Euro (EUR) edges higher against the US Dollar (USD) on the European Central Bank (ECB) interest r ...
Why is the Gold price rebounding amid easing US-Iran tensions?
Gold price (XAU/USD) trades in positive territory near $4,240 during the early European session on Friday. The precious metal rebounds from a six-month low after US President Donald Trump said he canc ...
GBP/JPY Price Forecast: Consolidates as intervention woes cap upside
The Pound Sterling ended Thursday’s session almost flat at around 214.70 as market sentiment fluctuated but ultimately improved after US President Donald Trump cancelled attacks and hinted at a possib ...
New Zealand Business NZ PMI down to 49.9 in May from previous 50.5
New Zealand Business NZ PMI down to 49.9 in May from previous 50.5
British Pound Sterling banks a peace rally as the bills come due
The British Pound spent most of Thursday doing what everything else did, leaking lower while Washington and Tehran traded fire, then exploding higher when President Trump canceled the evening's planne ...
WTI retreats to $ 85 amid renewed optimism over the end of the Middle East conflict
West Texas Intermediate (WTI) trades around $85 early in the Asian session on Friday, its lowest since mid-April. The black gold fell alongside the US Dollar (USD) following a proclamation from United ...
Japanese Yen gets a rescue Tokyo did not pay for
USD/JPY spent the entire session glued to the area around 160.50, and it took the cancellation of a war, rather than anything out of Tokyo, to finally knock it lower.