Impact on Japanese inflation should yen appreciation versus USD? – Nomura

 Analysts at Nomura explained the likely impact on inflation in the event of unexpected yen appreciation versus USD. Key Quotes: "As the US moves to normalize monetary policy, our scenario for the Japanese economy assumes that the yen will continue to depreciate against the US dollar as ...

AUD/USD: getting above 0.7635/42 is key for the bulls

Currently, AUD/USD is trading at 0.7582, down -0.04% on the day, having posted a daily high at 0.7588 and low at 0.7580. Forex today: dollar better bid despite lower yields AUD/USD has been drifting to the downside from 0.7599 overnight highs with a resurgence in the greenback and despite the dat ...

Durable goods orders disappointments broken down – Nomura

Analysts at Nomura offered a breakdown of the US from overnight. Key Quotes: "Durable goods orders: Topline durable goods orders for May fell 1.1% m-o-m, below expectations (Nomura: -0.1%, Consensus: -0.6%), driven by a sharp 3.4% decline in transportation equipment orders. The prior month wa ...

New Zealand Trade Balance (MoM) below forecasts ($420M) in May: Actual ($130M)

New Zealand Imports registered at $4.85B above expectations ($4.48B) in May

New Zealand Trade Balance (YoY) came in at $-3.75B, below expectations ($-3.398B) in May

New Zealand Exports came in at $4.95B, above expectations ($4.93B) in May

AUD/NZD: what’s the outlook? – Westpac

Currently, AUD/NZD is trading at 1.0411, up 0.03% on the day, having posted a daily high at 1.0418 and low at 1.0401.Analysts at Westpac offered their outlook for the cross and antipodean rates. Key Quotes: AUD/NZD 1 day: Yesterday’s technical reversal argues for an extension of this reboun ...

NZD/USD: to penetrate the 0.73 handle again?

Currently, NZD/USD is trading at 0.7284, down -0.05% on the day, having posted a daily high at 0.7291 and low at 0.7284. NZD/USD is awaiting the trade balance coming up within the hour and has been on the backfoot since being capped at 0.7310 in the US session. Depending on the data, on a positiv ...

Market wrap: dollar recovers despite poor data – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Global market sentiment: US interest rates fell on disappointing US durable goods data. The USD also responded negatively but more than recovered later on. Interest rates: US 10yr treasury yields fell from 2.16% to 2.12%, while 2yr yield ...

Peru stocks higher at close of trade; S&P Lima General up 0.01%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Food&Beverages, Industrials and Non-Metal Minerals sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.01%. The best performers of the session on the S&P Lima General were ...

Dow ekes out gains amid slide in tech stocks

Investing.com – U.S. stocks closed mixed on Monday, as losses from large-cap technology stocks were offset by gains in Financials while weaker than expected economic data weighed on sentiment. Financials, mostly banks, advanced as investors continue to cheer the test results of US banks whil ...

South Korea Consumer Sentiment Index: 111.1 (June) vs 108

EUR/USD headed for a daily close below 1.12

Although the EUR/USD pair was able to reach its highest level in ten days at 1.1221 at the beginning of the NA session, it struggled to sustain its bullish momentum and dropped below the 1.12 handle. As we approach the end of the trading day, the pair is trading at 1.1180, down 0.13% on the day. ...