Here is what you need to know on Friday, August 9: The USD Index climbed to four-day highs beyond 103.50 in the context of higher yields globally and dominating risk-on sentiment. The US docket will beempty on August 9. EUR/USD clinched its third consecutive daily retracement, breaking below the 1.0900 support in response to extra gains in the US Dollar. Germany’s final Inflation Rate will be the only scheduled release on the euro calendar on August 9.
USD/JPY extended its weekly advance following further selling of the Japanese yen and the persistent risk-on mood among traders. On August 9, there will only be a short-term bill auction. An extra rebound lifted AUD/USD to new two-week peaks near 0.6580, up for the third consecutive day on Thursday. The NAB Business Confidence index is only due on August 9. WTI prices rose further and clinched weekly tops past the $76.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: World shares are mostly lower as Tokyo sinks on stronger yenGlobal markets are mostly lower and Japan’s stock index tumbled as the U.S. dollar sank against the yen after the head of the Federal Reserve suggested a cut to interest rates will come soon.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: World shares are mostly lower as Tokyo sinks on stronger yenGlobal markets are mostly lower and Japan’s stock index tumbled as the U.S. dollar sank against the yen after the head of the Federal Reserve suggested a cut to interest rates will come soon.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yenJapan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon. A strong yen is a plus for Japan’s purchases but hurts the nation’s giant exporters like Toyota by eroding the value of overseas profits.
Source: AP - 🏆 728. / 51 Read more »
Forex Today: US second-quarter GDP report set to ramp up market volatilityHere is what you need to know on Thursday, July 25: Market participants gear up for a volatile American session that will feature the United States' first estimate of the second-quarter Gross Domestic Product (GDP) growth.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Forex Today: BoC rate decision, PMI data to grab market attentionHere is what you need to know on Wednesday, July 24: Following the choppy action seen on Monday and Tuesday, the market volatility could heighten on key macroeconomic events midweek.
Source: FXStreetNews - 🏆 14. / 72 Read more »