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Forex

Japanese Yen rallies against weaker USD amid looming intervention risks
USD/JPY attracts sellers for the second straight day as intervention fears lift the JPY. The less hawkish FOMC Minutes weigh…
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Forex

New Zealand Dollar extends hawkish RBNZ-inspired rally; hits three-week high vs weaker USD
NZD/USD builds on the hawkish RBNZ-inspired gains for the third straight day on Friday. The USD drops to a fresh…
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Forex

British Pound gains traction above 1.3400 as markets bet on BoE rate hikes
GBP/USD gains ground to near 1.3430 in Friday’s Asian session. Andy Burnham is set to become the next UK Prime…
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Geo-Political

US official says it remains committed to resolution with Iran, technical discussions ongoing
A US official signaled that it is still committed to the memorandum of understanding with Iran, even though US President…
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Forex

Euro nudges higher above 1.1400 as traders ramp up their bets on ECB hikes
EUR/USD trades with mild gains near 1.1430 in Friday’s early Asian session. ECB saw inflation rising despite nearly three expected…
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Energies

WTI consolidates below $72.00 as traders monitor geopolitical developments
WTI is seen consolidating in a range as traders seem hesitant amid mixed US-Iran messaging. Exchanges of fire between the…
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Markets

Dollar Falls for Third Straight Session
The dollar index fell toward 100.5 on Friday, extending losses for a third straight session as reports that the US…
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Forex

Offshore Yuan Hits Near 3-Week High
China’s offshore yuan strengthened to around 6.78 per dollar on Friday, extending gains from the previous session to its strongest…
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Forex

Yen Jumps on Intervention Fears
The Japanese yen strengthened past 161.5 per dollar on Friday, erasing all of its losses from earlier in the week…
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Soft Commodities

Live cattle futures Trade Lower
Live cattle futures were falling on Thursday, with contracts down $1.80 to $2.47 at the close. Cash trade kicked off…
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