Hobbes
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The JPY strengthening move against the Dollar does have knock-on effects in other pairs too
Markets The Japanese yen slid dramatically on Friday as the Asian island was heading towards a long weekend. USD/JPY soared from 155.65 to 158.44 in the wake of another JPY disappointing BoJ meeting. It contrasted with Fed policy needing to be restrictive for longer. The latter was once again obviou
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MOF intervention: A day late and lots of Dollar sold
The Japanese Ministry of Finance is believed to have intervened in the currency markets, yet the impact was only temporary. Despite initial selling pressure on the dollar hitting 155 , USDJPY quickly rebounded to levels seen just after the Bank of Japan's decision. Nevertheless, the core drivers of
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China Bourse May Run Out Of Steam On Friday
The China stock market has moved higher in back-to-back sessions, gathering more than 30 points or 1 percent along the way. The Shanghai Composite Index now sits just above the 3,050-point plateau although the rally may stall on Friday. The global forecast for the Asian markets is sift on concerns o
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Meta stock plunges as markets reassess impact of AI
Meta’s earnings were always going to be a key event for financial markets, they are the first of the mega cap tech stocks to report results, at the same time as being a large player in AI, which is central to its future business strategy. These earnings were a test to see if big tech firms that impl
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AUD/USD to face resistance at 200-day SMA at 0.6529 – Rabobank
Analysts at Rabobank share their short-term outlook for AUD/USD. Fed is likely to start cutting rates in September "Measured on a 5-day view, the AUD is the best performing G10 currency. Not only has firmer AUD price data created some unease about the RBA’s potential to cut rates, but softer US PMI
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تجربتي مع بذور الخردل للشعر
قد يبدو استخدام بذور الخردل للعناية بالشعر غريباً بعض الشيء لمن لم يسمع به من قبل، لكن تجربتي الشخصية مع هذا المكون الطبيعي كشفت عن فوائد مذهلة يمكن أن تقدمها للشعر. سأشارك في هذا المقال تجربتي الخاصة مع بذور الخردل، موضحاً كيف استخدمتها، وما النتائج التي حصلت عليها، وبعض النصائح لمن يرغب في تجربة ه
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BOJ will raise rates if trend inflation accelerates, says Gov Ueda
Bank of Japan Governor Kazuo Ueda stated on Tuesday that should there be an acceleration in trend inflation towards the 2% target, which aligns with the central bank's projection, the bank will proceed to increase interest rates once more. Ueda informed the parliament that altering monetary policy w
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شركة تنظيف مكيفات بالاحساء
تنظيف مكيفات الهواء هو عملية أساسية لضمان جودة الهواء وأداء المكيف بكفاءة. في الأحساء، تبرز شركة تنظيف مكيفات بخبرتها وجودتها في تقديم خدمات تنظيف مكيفات الهواء بكفاءة عالية ودقة متناهية. يعتمد نجاح الشركة على فريق من المتخصصين المدربين جيدًا على أحدث التقنيات والمعدات. يقوم هؤلاء الفنيون بتفتيش وتن
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NZD/USD Price Analysis: Defends crucial support of 0.5860
NZD/USD bounces back from 0.5860 as the US Dollar edges down. Investors see the RBNZ beginning to reduce interest rates from November. The Kiwi asset trades inside the Descending Triangle pattern, suggesting indecisiveness among investors. The NZD/USD pair turns sideways slightly below 0.5900 in Fri
Pull-up Update