Tag Archives: yen

Oil prices remained relatively unchanged on Tuesday as prospects of stronger supply and sluggish global demand growth balanced concerns over potential disruptions from escalating tensions in the Middle East. Key Price Movements: Brent Crude: December delivery edged up 13 cents (0.18%) to $71.83 a barrel as of 0615 GMT.West Texas …

The USD/JPY pair has been rising since the start of the American trading session in the currency market, driven by the increase in US Treasury yields. This is due to the positive relationship between the pair and the yields on these government bonds, highlighting the weakness of the Japanese yen.US …

Wall Street’s main indexes were flat to lower in choppy trading on Monday as investors paused after the previous week’s rally and exercised caution ahead of numerous job reports and comments through the week from Federal Reserve policymakers, including Chair Jerome Powell. Monday’s US market indices were neutral as traders …

Oil prices rose on Monday, fueled by escalating worries over potential supply disruptions from Middle East producers after Israel intensified its attacks on Iranian-backed forces in the region. As of 03:30 GMT, Brent crude futures for November delivery climbed by 51 cents, or 0.71%, to $72.49 a barrel. The more …

The Japanese Yen (JPY) managed to recover its daily losses following the news that Shigeru Ishiba, the former Defense Chief, won the Liberal Democratic Party (LDP) leadership race, securing his position as Japan’s new Prime Minister. This political development has provided support for the yen, but some traders remain cautious …

Oil prices eased on Friday, marking the third consecutive day of declines, as investors monitored expectations of increased output from Libya and the broader OPEC+ group. However, the decline was somewhat limited by fresh stimulus measures from China, the world’s top oil importer. Market Overview As of 04:33 GMT, Brent …

Oil prices fell on Thursday, reversing earlier gains as market sentiment was impacted by news that top exporter Saudi Arabia is planning to abandon its unofficial crude oil price target of $100 per barrel in preparation for expanded production. Market Overview Brent crude futures dropped by 55 cents, or 0.75%, …

Oil prices dipped on Wednesday as investors reassessed the potential impact of China’s recent stimulus measures on its economy and questioned whether these steps would be sufficient to drive significant fuel demand growth in the world’s largest crude importer. By 0415 GMT, Brent crude futures fell by 17 cents, or …

Bitcoin’s price surged on Wednesday, driven by a wave of global monetary easing that funneled more investments into risk-driven assets. The world’s largest cryptocurrency is now eyeing a major breakout, supported by recent stimulus measures from China and expectations of interest rate cuts from both the Swiss and Swedish central …

The US Dollar, once a stalwart symbol of global economic stability, has found itself in a state of flux following the Federal Reserve’s recent decision to cut interest rates. This strategic move, aimed at stimulating economic growth, has had far-reaching implications for the currency’s value and its role in the …