Page 115 - Urrencies News Today

FP Markets enhances its Commodity CFDs Offering with a range of popular new commodities. SYDNEY, Nov. 24, 2023 /PRNewswire/ — FP Markets, a Leading provider ...

In a shortened week, the US Dollar posted losses again. Next week, the key report in the US will be the Core PCE.

The US Dollar (USD) is receding on Friday with the DXY index, which measures the value of the US Dollar versus a basket of global currencies, declining toward 103.45 on the back of mixed S&P PMIs and dovish bets on the Fed.

The GBP/JPY has broken into new eight-year highs above 188.50 as the Pound Sterling (GBP) catches a late-day Friday bid against the Japanese Yen (JPY), setting the Guppy up for a fourth consecutive green day.

The Pound Sterling gathered further strength against the United States Dollar (USD) this week, as GBP/USD renewed a two-month high just shy of the 1.2600 level.

Mexican Peso (MXN) prolongs its gains against a softer US Dollar (USD) as North American traders get back from Thanksgiving for a shortened session, though they failed to boost the latter.

The Pound Sterling (GBP) advances to a new 12-week high against the US Dollar (USD) courtesy of better-than-expected data revealed on Thursday, which sparked a sell-off of Gilts; consequently, UK bond yields rose.

Copper/Gold Ratio: Still Counter-Cyclical :: The Market Oracle ::

The Japanese Yen (JPY) gave back some of its recent strong gains against the US Dollar (USD) and continued with its weakening trend for the second successive day on Wednesday.

Today’s stagflationary economy -- with high inflation and slow growth -- will look familiar to anybody who lived through the 1970’s.