Forex Market

EUR/JPY continues to rise, up 0.23% at the time of writing, due to a wide interest-rate differential between the Eurozone and Japan, which favours the Euro over the Japanese Yen. The absence of direct intervention by Japanese authorities to strengthen the Yen in early May has led to the pair …

Due to several tailwinds, the EUR/USD pair had earlier stayed stable near 1.0900 throughout Monday’s New York session. However, as of this writing, it had dropped to 1.0859. Because of the increased risk appetite of investors, the major currency pair is still in bullish zone. Although policymakers remain split on …

Fed policymakers’ comments will be watched closely by investors this week. Markets see a waning probability of a Fed policy hold in September. Fed rate outlook could influence the risk mood and the US Dollar’s valuation.Fed policymakers are scheduled to deliver speeches this week as investors reassess the interest rate …

Mohammed Hashad, Head of Research and Development at Noor Capital and a distinguished member of the US Association of Technical Analysts, provided insightful commentary and thorough analysis on the latest market dynamics and key asset performances in an exclusive interview with Dubai TV. Firstly, the markets are anticipating the Federal …

On Monday, market dynamics suggest a potential rally in the USD/JPY pair. Throughout May, the US dollar exhibited weakness, while risk sentiment strengthened due to expectations of monetary policy easing by the Federal Reserve. Despite this trend, markets are seeking a new catalyst, aside from economic data, to drive significant …

The dollar remained broadly stable on Monday as investors awaited further indications from Federal Reserve officials to clarify the future path of U.S. interest rates. This anticipation follows a series of cautious statements from Fed officials, even as recent data points to cooling inflation. The Japanese yen started the week …

Gold prices surged to a record high in Asian trade on Monday, driven by heightened geopolitical tensions in the Middle East and a broader rally across metal markets. The increased demand for safe haven assets reflected growing concerns over regional stability and potential escalation of conflicts. Spot gold climbed nearly …

Most Asian stocks climbed on Monday, buoyed by stimulus measures from China and a robust performance in tech-heavy indexes as investors positioned themselves ahead of key earnings reports this week. Wall Street Influence and Fed Expectations Regional markets largely built on gains from last week, driven by softer U.S. inflation …

In the face of geopolitical events and macroeconomic variables, the financial scene is nevertheless dynamic. Wall Street’s risk appetite persisted despite high rates, as evidenced by the performance of the Dow Jones Index and gold. While Bitcoin saw brief fluctuations, oil prices stayed steady. The US Dollar Index had a …

As of right now, the US dollar index is trading at 104.50, indicating a neutral performance (DXY). Strong data growth in the second quarter (Q2) and the cautious language used in the Federal Reserve’s policymakers’ most recent remarks, remarks, and statements are the reasons for the current stability.US Economy’s Q2 …