USD/JPY stabilizes amid mixed economic signals and BoJ policy outlook By Investing.com

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[ad_1] TOKYO – The currency pair showcased resilience in Asian session on Wednesday, stabilizing above its three-month lows in the mid-147 range. This steadiness comes as US Treasury yields experience slight increases and the Bank of Japan’s (BoJ) Deputy Governor Ryozo Himino maintains a dovish stance, emphasizing the continuation of easy monetary policies until Japan’s […]

Asia FX edges past China woes as markets look to less hawkish Fed By Investing.com

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[ad_1] © Reuters. Investing.com– Most Asian currencies rose slightly on Wednesday as weak U.S. labor data spurred continued bets on early interest rate cuts by the Federal Reserve, helping investors look past persistent concerns over China’s economy. showed U.S. job openings declined in October, pushing up hopes for a prolonged cooling in the labor market […]

GBP/USD snaps the two-day losing streak, holds above 1.2600 ahead of US ADP data

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[ad_1] Share: GBP/USD gains ground on the renewed USD weakness. US JOLTS labor data came in worse than expected, US ISM Services PMI arrived stronger than market expectation. The markets are now almost fully priced in a first BoE rate cut by June 2024. The GBP/USD pair snaps the two-day losing streak and […]

Bitcoin rises 5% to $44,083 By Reuters

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[ad_1] © Reuters. FILE PHOTO: Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo (Reuters) – rose 5% to $44,083 at 2149 GMT on Tuesday, adding $2,098 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 66.1% […]