Dollar Edges Up Against Yen In Early Asia, Currency Views Eyed

Investing.com - The dollar edged higher against the yen in early Asia on Monday with investors looking at continued overall weakness in the greenback sparked by comments last week from the US president and treasury and commerce secretaries that raised concerns of a currency war. USD/JPY change ...

AUD/USD heading back towards 0.8200?

AUD/USD awaits key data this week. AUD/USD is technically in the hands of the bulls still. AUD/USD is starting out the week on a quiet note without there being anything the way that has been scheduled for a potential catalyst in the pair. However, the week will pick up and there is plenty to pla ...

FOMC’s first meeting for 2018, what to expect? – Nomura

Analysts at Nomura offered a preview of this week's FOMC event as the first meeting of 2018. Key Quotes: "We expect no change in the policy rate at the upcoming 30-31 January FOMC meeting and no material changes or surprises in the post-meeting statement. Incoming data during th ...

US ended a rough and tumble week close to 2014 lows – Westpac

Analysts at Westpac explained that the USD ended a rough and tumble week languishing close to lows back to Dec 2014 and in the midst of the worst January back to 1987 after Trump added to confusion over US dollar policy. Key Quotes: "US yields closed at highs back to Jan 2014 whil ...

NZD/USD: eyes on key data events ahead- ANZ

Analysts at ANZ explained the current affairs around NZD/USD. Key Quotes: "The NZD consolidated in its new range of 0.7330-0.7400 late last week. A light local calendar to start the week means the NZD will be at the mercy of USD and AUD. The focus this week will be the FOMC, non-far ...

US dollar’s technical outlook remains poor – BBH

Analysts at Brown Brothers Harriman explained that the US dollar's technical tone remains poor and market psychology is nearly universally hostile toward it.   Key Quotes: "The dollar is as unloved as it has been in years.  It is off to its worst start since 1987, when th ...

A revised outlook for AUD/USD and Fed’s funds rate – Westpac

Bill Evans, Chief Economist at Westpac explained that they have revised the outlook for the Federal Funds rate and the Australian dollar. Key Quotes: "When we last produced our forecasts in mid-December we expected that the Federal Funds rate would be increased by 2 ...

The week ahead and key scheduled calendar events – Nomura

Analysts at Nomura offered came with week ahead's key events for the US, European markets China and Australia. Key Quotes: United States | Data preview "We expect a strong 205k increase in nonfarm payroll employment in January’s employment report, consistent with continue ...

The US economy grew 2.6% y/y in Q4 2017 – ANZ

Analysts at ANZ explained that the US economy grew 2.6% y/y in Q4 2017.  Key Quotes: "The increase was slightly below consensus of 3%, but underlying details were reasonable." "Consumption grew by 3.8% and fixed investment 6.8%, reflecting a turnaround in residential and minin ...

Israel stocks higher at close of trade; TA 35 up 0.72%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Communication, Biomed and Insurance sectors led shares higher. At the close in Tel Aviv, the TA 35 gained 0.72% to hit a new 52-week high. The best performers of the session on the TA 35 were Bezeq Israeli ...

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.22%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Telecoms&IT, Real Estate Development and Media&Publishing sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.22%. The best performers of the session on the Tadawul ...

Bitcoin Higher as Coincheck Exchange Promises Refund after Hack

Investing.com - The price of digital currency bitcoin along with major cryptocurrencies moved higher on Sunday after one of Japan's largest digital currency exchanges said it will refund most of the $425 million worth of virtual assets lost in a hacking attack. Bitcoin was trading at $11,886 b ...

Crude Oil Prices – Weekly Outlook: Jan. 29 – Feb. 2

Investing.com - Oil prices ended Friday's session close to their strongest level since late 2014, amid ongoing optimism that OPEC-led output cuts would continue to drain the market of excess supplies. Prices also drew support from a weakening U.S. dollar, which on Friday hit new three-year low ...

United Arab Emirates stocks lower at close of trade; DFM General down 0.13%

Investing.com – United Arab Emirates stocks were lower after the close on Sunday, as losses in the Consumer Staples, Telecoms and Services sectors led shares lower. At the close in Dubai, the DFM General declined 0.13%, while the ADX General index declined 0.25%. The best performers of the session ...

Gold / Silver / Copper Prices – Weekly Outlook: Jan. 29 – Feb. 2

Investing.com - Gold prices ended lower on Friday but remained in sight of the previous day’s 17-month peak as the U.S. dollar was pressured by data pointing to slower U.S. economic growth and comments by a senior U.S. official backing a weaker currency. Gold futures for February delivery settled ...

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