US Dollar Surges as Yen Sinks Ahead of Fed Rate Decision. Will USD/JPY Go Higher?
The US Dollar has rallied against the Japanese Yen as the Fed is set for rates lift-off tomorrow. Can USD/JPY make new highs?
The US Dollar has rallied against the Japanese Yen as the Fed is set for rates lift-off tomorrow. Can USD/JPY make new highs?
U.S. stocks rise sharply again Wednesday on bets that the Fed’s monetary policy outlook is well calibrated and strikes the right balance to control inflation without triggering a recession.
The price of gold attempts to halt a three-day sell off as the Federal Reserve appears to be on a preset course in normalizing monetary policy.
The Fed has just sparked lift-off by hiking rates for the first time since 2018. But, what else does the bank have to say?
President Xi Jinping of China could be elected to a rare third term this November, and that event will likely dictate the direction of Chinese stocks leading up to—and after—the election.
The declining geopolitical risk premium stemming from the Russia-Ukraine war and the Fed’s monetary policy outlook could weigh on silver and rate-sensitive precious metals in the near term.
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The Hang Seng Index surged 9% as Beijing revealed it would step in to stabilize market conditions.
The Dax and FTSE Index are currently testing pre-war levels ahead of the Fed interest rate. Chinese stocks rebound, supporting global equities.
NZD/USD fell alongside US stocks amid a broader selloff in commodity prices, evan as fighting around Kyiv intensified. APAC traders are eyeing multiple Chinese economic data prints due out today.