Japanese Yen stays weak against USD as fiscal concerns neutralize hawkish BoJ stance
During Tuesday’s Asian session, the Japanese Yen (JPY) stayed on the defensive due to concerns regarding Japan’s fiscal stability, driven…
Category: Economic News
Sterling Strengthens on Strong UK Retail Sales and PMI Data
The British Pound (GBP) is attracting significant buying interest against major currencies following unexpectedly strong economic data from the United…
US Manufacturing Likely Contracted Again in December, ISM Data to Show
On Monday at 15:00 GMT, the Institute for Supply Management (ISM) will release its closely watched Manufacturing Purchasing Managers’ Index…
MUFG: USD Begins 2026 on Strong Footing as DXY Nears 98.80 High
According to MUFG FX analyst Lee Hardman, the US Dollar (USD) has begun the new year with significant momentum. The…
US Dollar Index Pares Gains, Slips Below 98.30 in Quiet Session
The US Dollar Index (DXY) is clinging to minor gains during a subdued year-end session on Wednesday. However, the index…
GBP/USD Trades Flat Around 1.3250 Following UK Budget Relief
The GBP/USD pair is holding steady near 1.3245 during Monday’s Asian session as market participants continue to process the UK’s…
RatingDog China Manufacturing PMI Misses Forecast, Falling to 49.9 in November (Expected 50.5
China’s RatingDog Manufacturing Purchasing Managers’ Index (PMI) unexpectedly moved back into contraction territory in November, dropping to 49.9 from October’s…
GBP/JPY Pulls Back from Year-to-Date High, Dips Below 207.00 on Minor JPY Strength
The GBP/JPY cross has attracted some intraday sellers, pulling back from an Asian session high of 207.20 (a fresh high…
USD/JPY Advances as Japanese Yen Indecision Meets US Dollar Uptick
Despite Tokyo’s consumer inflation data surpassing forecasts, bolstering arguments for Bank of Japan (BoJ) policy tightening, the Japanese Yen (JPY)…
Gold Dips Below $4,050 as Fed Rate Cut Expectations Cool
Gold (XAU/USD) is extending its steady decline, falling further into the European session on Friday and hitting a fresh daily…