The USD/JPY pair kicks off the new week on a subdued note, stalling Friday’s modest bounce from sub-157.00 levels, touched in reaction to the weak US employment details. Spot prices, however, remain confined in a familiar range held over the past week or so and currently trade around 157.70-157.75 region, nearly unchanged for the day. The closely-watched US Nonfarm…
MUFG recommends short EUR/JPY, targets 172 as French bond stress and BoJ hikes weigh !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week. Iran’s Foreign Ministry spokesman Esmaeil Baqaei said on Sunday that the Strait of Hormuz is the main focus of Iran’s negotiations to end the war with the…
Uh-oh, “lab leak” news again … Russian plague lab worker, 28, dies of unknown pneumonia !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The Securities and Exchange Commission cleared a path for tokenized stock trading in the US on September 17 with a five-year exemption. “Today, the Securities and Exchange Commission is taking a significant step forward, within its statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks through the ‘Innovation Exemption,’”…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Review The U.S. economy created far fewer jobs than expected in September, pointing to a surprising soft spot in the labor market and broader economy. Nonfarm payrolls rose a seasonally adjusted 29,000 for the month while the unemployment rate increased to 4.2%, the Bureau of Labor Statistics reported Friday. In addition to the weakness in September, the August jobs…
No inflation or jobs report this week. Fed minutes Wednesday, a Bank of Japan speech and Canada jobs test whether the 10-year yield keeps setting the mood.
North American Morning Kickstart: Dollar mixed ahead of US jobs report as oil falls and futures rise !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The US Dollar (USD) has managed to extend its weekly rally, revisiting an area last seen in April 2025. As usual in past weeks, hawkish comments from Fed officials have kept alive the likelihood of further tightening by the Fed in the upcoming months, while the utter absence of progress in negotiations to end the US-Iran-Hormuz crisis also appears…
