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Yen Weakens Further as Market Eyes Possible 160 Mark, Dollar Awaits Key GDP Data

Japanese Yen's accelerated decline captured significant attention in Asian session, while the broader currency markets remained generally stable. Market participants interpret the apparent lack of urgency from Japanese officials to address Yen's fall as a tacit approval for its continued depreciation. This perspective gains significance following the recent trilateral meeting between Japan, South Korea, and the US, where the sharp decline of Yen was a subject of "serious concerns." Speculation is rife that Japan might tolerate Yen's fall to 160 mark against Dollar before taking any corrective actions.

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Thursday preview: US Q1 GDP, Barclays in focus

Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.

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Gold surges but ends session shy of $2,400 amid risk aversion, Fed's Bostic comments

Gold surges but ends session shy of $2,400 amid risk aversion, Fed's Bostic comments
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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Australian Dollar depreciates as riskier assets fall on escalated tensions in Middle East

Australian Dollar depreciates as riskier assets fall on escalated tensions in Middle East
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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GBP/USD Forecast: Further weakness looks granted for Pound Sterling

GBP/USD Forecast: Further weakness looks granted for Pound Sterling
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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Investors are hoping Big Tech earnings next week could revive a flagging bull market

Results are coming at a time when investors are on edge, uncertain where markets are heading after a pushback in rate cut expectations.

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Aussie Resilient in Face of Dismal Job Data, Bitcoin Prepares to Conclude Consolidation

The forex markets are rather subdued in today's Asian session, with major currency pairs and crosses largely trading within yesterday's ranges. Australian Dollar strengthened slightly, ignoring significantly weaker-than-anticipated job data. Instead, it's lifted by rebound in Asian stock markets and stabilizing risk sentiment. However, the momentum behind Aussie's rebound appears weak and limited, suggesting it may be merely in consolidation before another selloff.

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Thursday preview: Philly Fed index, Weekly US jobless claims in focus

Investors' focus on Thursday will be on a barrage of economic indicators in the U.S..

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Stock Market Today: Dow Jones Rises After Jobless Claims; Tesla Hits New Low On Downgrade

Stock Market Today: Dow Jones Rises After Jobless Claims; Tesla Hits New Low On Downgrade
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Wall Street Aims To Open Higher

Wall Street Aims To Open Higher
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