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Australian Dollar appreciates amid stronger Chinese Manufacturing PMI, weaker US Dollar

The Australian Dollar (AUD) retraces its recent losses on Monday, possibly bolstered by positive Chinese Purchasing Managers Index (PMI) figures.

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NZD/USD stretches higher to near 0.5980 on dovish comments from Fed's Powell, US ISM PMI eyed

NZD/USD extends its gains for the second consecutive session on Monday, edging higher to near 0.5980 during the Asian trading hours.

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Wall Street rises to more records to close out its latest winning month

Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter.

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Wall Street rises to more records to close out its latest winning month

Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter.

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Morning Bid: Yen on intervention watch, Riksbank awaited

A gradual tick lower in currency markets would not normally ruffle many feathers, but the yen's tentative foray to the cusp of 152 per dollar for the first time since 1990 was enough to draw immediate warnings from Japan's finance minister of "decisive steps" to tame "disorderly" moves. The last time he used those words was before the central bank intervened in late 2022 to prop up the yen. The trigger for the yen's slight depreciation was likely comments from Bank of Japan board member Naoki Tamura, who advocated moving "slowly but steadily toward policy normalisation" - emphasis on the slowly - following the central bank's first rate hike since 2007 made last week.

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Morning Bid: Yen on Intervention Watch, Riksbank Awaited

Morning Bid: Yen on Intervention Watch, Riksbank Awaited
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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MORNING BID EUROPE-Yen on intervention watch, Riksbank awaited

A look at the day ahead in European and global markets from
Kevin Buckland

A gradual tick lower in currency markets would not normally
ruffle many feathers,...
-March 27, 2024 at 01:30 am EDT
- MarketScreener

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