Tag: yuan
Dollar Slides to One-Month Low Against Euro Ahead of Crucial CPI Release
Jennifer -
On Wednesday, the dollar retreated to a one-month low against the euro amidst diminishing Treasury yields, as traders prepared for a pivotal U.S. inflation...
Oil Prices Ascend as US Inventories Decline; Attention Shifts to CPI Inflation
Jennifer -
In Asian trading on Wednesday, oil prices climbed, propelled by industry data indicating a decrease in U.S. inventories, which heightened expectations of constrained supplies....
Gold Prices Steady Amid Dollar Softening Prior to CPI Data; Copper Demonstrates Strength
Jennifer -
Gold prices remained stable during Asian trading hours on Wednesday, benefiting from a weakened dollar as markets awaited pivotal U.S. consumer inflation data that...
Asia FX Largely Muted as Dollar Stabilizes Ahead of Inflation Data; Yen Remains Fragile
Jennifer -
Most Asian currencies showed little movement on Tuesday, mirroring the stability of the dollar as traders awaited upcoming U.S. inflation reports that are expected...
Gold Prices Edge Higher Ahead of US Inflation Data Release
Jennifer -
In Asian trading on Tuesday, gold prices experienced a slight increase, recovering somewhat from significant losses in the previous session. Investors maintained their focus...
Asia FX Edges Lower, Dollar Steadies with Inflation on Tap
Jennifer -
Most Asian currencies showed little movement in a flat-to-lower range on Monday, while the dollar stabilized amidst recent fluctuations as investors awaited upcoming U.S....
Asian Stocks Reach 15-Month Peak Amid U.S. Inflation Concerns
Jennifer -
Asian markets reached a 15-month high on Monday amidst cautious anticipation of U.S. inflation data that could influence expectations for earlier interest rate adjustments....
Asian Currencies Hold Steady as Focus Shifts to US Inflation; Yuan Weakens on Tariff Fears
Jennifer -
Most Asian currencies remained relatively stable on Friday, with the dollar showing signs of stabilization following overnight declines. Attention turned towards key U.S. inflation...
What time is sydney session forex?
Jennifer -
In the world of forex trading, understanding the different trading sessions and their respective timings is crucial for devising effective trading strategies and maximizing...
Asian Currencies Hold Steady Amidst Mixed Market Sentiment
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Asian currencies maintained a subdued stance on Thursday as investors awaited further signals on U.S. interest rates from Federal Reserve officials and awaited upcoming...
What backs the US money supply?
Jennifer -
The US money supply serves as the backbone of the nation's economy, facilitating transactions, investments, and economic growth. However, the question of what backs...
Asia FX Weakens as Dollar Strengthens Amid Reassessment of Rate Cut Expectations
Jennifer -
On Wednesday, most Asian currencies experienced depreciation while the dollar gained ground, prompted by remarks from Federal Reserve officials leading to a reassessment of...