Japan’s Economy Expands More Than Expected – GDP Surges 21.4% On Year In Q3

TOKYO — The Japanese economy expanded at its fastest pace in at least 40 years in the July-September period as private consumption and exports improved along with the reopening of the global economy. The world’s third-largest economy after the U.S. and China expanded 5% in the third quarter of 2020 from the previous quarter, the […]

The latest Market Talks covering President Donald Trump and U.S. politics

The U.S. dollar could find some support from August seasonality, which tends to favor the currency, while profit-taking could keep the currency from weakening further in the short term, says Bank of America. Yet a recovery is not in sight, with market positioning showing that investors are still betting the dollar will fall. The failure […]

Strong Economic Data dents Safe-Haven Appeal of JPY, AUD Likely to Stay High on Weak USD

JPY weakens against Asia-Pacific currencies in the morning Asian session as strong economic data around the world diminishes the appeal of the Japanese currency as a safe-haven asset. Global manufacturing data were better than expected in July, CMC Markets says, adding the dollar strengthened as market participants took profit on long euro positions against the […]

Japanese Yen Pairs What Forex Traders Need to Know today

Ano po ba ang nangyayari today para sa araw ng Huwebes, July 9, 2020. Ano ba ang mga Trading opportunities na pwede natin silipin. Huwag nyo po kalimutan na tingnan ang ating INTRADAY MARKET INSIGHTS para sa araw na ito para makapag-charting na kayo sa inyong mga platform. Dahil ang topic natin sa article na ito […]

NZD/JPY up, USD/JPY and GBP/USD challenged by Key Resistances

On Friday, U.S. markets were closed in observance of Independence Day. Spot gold price was little changed at $1,775 an ounce. For as early as 7:13 this morning, Dow Jones Newswires released a report regarding AUD/USD could come under pressure this week because of concerns about a worsening of the diplomatic relationship between China and Australia, […]