Wednesday , 8 January 2025

Forex

Forex

AUD/JPY attracts some sellers below 97.40, RBA, BoJ rate decision are in the spotlight

The AUD/JPY cross trades on a weaker note below the mid-97.00s during the Asian trading hours on Friday.

Forex

Japanese Yen recovers early lost ground to over one-week low, lacks bullish conviction

The Japanese Yen (JPY) prolongs the descending trend against its American counterpart for the fourth straight day on Friday and drops to over...

Forex

Japan Tertiary Industry Index (MoM): 0.3% (January) vs previous 0.7%

Japan Tertiary Industry Index (MoM): 0.3% (January) vs previous 0.7%

Forex

Australian Dollar remains subdued amid a lower ASX 200, PBoC keeps MLF rate unchanged

The Australian Dollar (AUD) extends its losses for the second successive day on Friday, reaching weekly lows.

Forex

BOJ to only exit negative rates in April, but March cannot be ruled out – poll

21 of 34 (~62%) economists expect BOJ to end negative rates in April12 of 34 (~35%) economists expect such a move in March...

Forex

USD/CAD rises to near 1.3540, focus shifts to the Michigan Consumer Sentiment Index

USD/CAD gains ground for the second successive session on Friday.

Forex

WTI holds steady around $80.60 area, just below the YTD peak touched on Thursday

West Texas Intermediate (WTI) US Crude Oil prices oscillate in a narrow range, just above mid-$80.00s during the Asian session on Friday and...

Forex

USD/INR extends the rally, eyes on Indian Trade Balance, US data

Indian Rupee (INR) loses momentum on Friday. The uptick in the pair is bolstered by the upbeat US February Producer Price Index (PPI)...

CryptocurrencyForex

Bitcoin, and the wider crypto complex, has sunk further during Asia time.

The only item of note to pass across the wires today was El Salvador:El Salvador to transfer a chunk of its bitcoin to...

Forex

ForexLive Asia-Pacific FX news wrap: Japan fin min Suzuki says “no longer in deflation”

The Reserve Bank of Australia March policy decision is due on the 19th - 'on hold' previewECB rate cut speculation is ramping up,...