I posted on the JPOY moves a couple of hours ago while much of Asia remained asleep: Monday open levels, indicative FX prices, 16 June 2025 JPY has opened trading for the week much stronger. USD/JPY circa 147.85, EUR/JPY 172.10 Note – It’s a Japanese holiday today, Monday, July 21, 2025 – markets are closed The yen is giving…
Gold boosted as Fed’s Waller supports July rate cut, boosting Gold as yields decline. US Dollar Index slips to 98.48, enhancing appeal of Dollar-denominated Bullion. UoM survey shows improved sentiment and easing long-term inflation expectations. Gold price advances during the North American session on Friday as the US Dollar weakens, with traders booking profits ahead of the weekend. Additionally,…
Japan’s ruling coalition, led by Prime Minister Shigeru Ishiba, has lost its majority in the upper house following Sunday’s election, according to public broadcaster NHK. The result further undermines Ishiba’s authority, which has already been weakened since his party lost control of the more powerful lower house in October — their worst performance in 15 years. The Liberal Democratic…
Silver (XAG/USD) is holding firm near $38.00 after hitting a 14-year high earlier this week. The metal remains supported by an ascending channel on daily and weekly charts. RSI and ADX on the daily chart are turning higher, signaling a possible return in bullish momentum. Silver (XAG/USD) is treading water on Friday, with spot prices hovering near $38.25 after…
That is an absolutely staggering number if you think about it. And as the world continues to embrace the AI-driven future, Nvidia is now the poster boy not only for that revolution but also for the stock market. After its struggles in the first four months this year in the run up to Trump’s Liberation Day, the share price…
Argentina Trade Balance (MoM) increased to $906M in June from previous $608M
Sun: Japanese Upper House Election Mon: PBoC LPR; Canadian PPI (Jun), US Leading Index (Jun), New Zealand Trade (Jun), UK CBI (Jul) Tue: UK PSNB (Jun), US Richmond Fed (Jul) Wed: EZ Consumer Confidence Flash (Jul) Thu: ECB & CBRT Policy Announcements; EZ, UK & US Flash PMIs (Jul), US Weekly Claims, National Activity Index (Jun), Canadian Retail Sales…
According to the Financial Times, US President Donald Trump has escalated his demands to the European Union (EU), eyeing at least a minimum tariff of 15% to 20% in a deal with the Eurozone, revealed three people briefed on talks. Key quotes: The US president’s hardened stance aims to test the EU’s pain threshold after weeks of talks on…
Is the dollar let out of the dog house just yet? Well, not exactly. The latest recovery in the greenback in the past two weeks comes as Trump is threatening tariffs once again. It’s a more moderate version of Liberation Day one might say, with TACO trades seemingly fully priced in before this. So, what’s next for the dollar…
Eurozone CFTC EUR NC Net Positions: €128.2K vs €120.6K
