| | submitted by podkayne3000 to HotZone [link] [comments] |
![[Business] - FOREX-Yen, Franc Gain Ahead of Trump Speech | The News](https://b.thumbs.redditmedia.com/6oBvRUdny098dSDy31cLSK6b3j9wpSGiSTcEj9PFK6g.jpg "[Business] - FOREX-Yen, Franc Gain Ahead of Trump Speech | The News") | submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments] |
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
| | submitted by AutoNewsAdmin to TNMauto [link] [comments] |
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
submitted by Shares_RSS to Economics [link] [comments]
submitted by SidNSFW to googlenewsfeed [link] [comments]
submitted by SidNSFW to googlenewsfeed [link] [comments]
![/Economics [spam filtered] FOREX-Yen sinks to lowest since April 2011 on Abe expectations | Reuters](https://a.thumbs.redditmedia.com/2-ZeefJpUXWSzAaFS9l88xmzlW_Ul8-INjHNBFR7664.jpg "/Economics [spam filtered] FOREX-Yen sinks to lowest since April 2011 on Abe expectations | Reuters") | submitted by ModerationLog to ModerationLog [link] [comments] |
London - The dollar fell on Monday, after reaching its lowest since September 2018 overnight, as deteriorating U.S.-China relations and concerns about the U.S. economy saw investors look to the yen and Swiss franc as safe havens.
With domestic economic concerns trumping its role as a safe-haven currency, the dollar index fell overnight, steadied in the early hours of the morning, then continued its descent.
At 1058 GMT, the dollar index was at 93.777, down 0.6% on the day =USD. As COVID-19 infections show no signs of slowing in the U.S., investors are doubtful of a quick economic recovery.
With the dollar's role as safe haven in question, the Japanese yen and Swiss franc strengthened, suggesting that investors are seeking safety elsewhere.
Versus the dollar, the Swiss franc reached a five-year high of 0.9167 overnight CHF=EBS. The dollar lost 0.8% against the yen, which strengthened to a four-month high of 105.265 JPY=EBS. "Under a general dollar sell-off environment the yen is benefiting as a safe-haven currency," said Neil Jones, head of FX sales at Mizuho, adding that month-end flows were also playing a role.
"Markets are potentially looking for risk aversion currencies, and this seems to be a discretionary switch away from dollar into the yen and the Swiss franc," he said.
SINGAPORE - The safe-haven yen fell versus its peers on Wednesday as concerns over slowing global growth and U.S.-Sino trade tensions dampened investors' appetite for riskier assets.
"Nervousness around global growth and trade tensions is certainly a factor driving the markets right now," said Michael McCarthy, chief markets strategist at CMC Markets.
On Monday, the International Monetary Fund cut its 2019 and 2020 global growth forecasts, citing a bigger-than-expected slowdown in China and the eurozone, and said failure to resolve trade tensions could further destabilize a slowing global economy.
Investors are hoping for a breakthrough in U.S.-Sino trade talks, with the tariff dispute between the world's largest economies already rippling through financial markets and global demand.
The dollar rally last year was mainly driven by the Fed's four rate hikes, so traders expect a pause in the tightening cycle to cap the U.S. currency.
The New Zealand dollar NZD= gained 0.25 percent in early Asian trade to $0.6766 after data showed that inflation edged higher in the fourth quarter and reducing the possibility of an interest rate cut.
 | Today in the main session forex trading the JPY was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The GBP/JPY sold off on the H1/H4 time frames. This pair broke one support level and should likely continue lower one more day. The NZD/JPY also dropped on the H4 time frame. Next major support is at 69.25 area on this pair on the H4. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com. submitted by forexalerts to u/forexalerts [link] [comments] Forex Heatmaphttps://preview.redd.it/ibv974ndc0m51.jpg?width=408&format=pjpg&auto=webp&s=964af302bf8dcbda8b12fa7cbacb0012f668440a https://preview.redd.it/x3whqbpdc0m51.jpg?width=540&format=pjpg&auto=webp&s=265e5cdc34f923c6042152d9473a19e349befb38 |
SINGAPORE - The Japanese yen and the Swiss franc gained on Monday, thanks to safe-haven buying as sentiment in financial markets remained fragile on heightened worries over political instability in the United States and fears of a global economic slowdown.
In a widely expected move, the U.S. Federal Reserve raised interest rates by 25 basis points last week for its fourth hike of the year, underpinned by a relatively robust U.S. economy compared with its peers elsewhere.
Falling U.S. bond yields, particularly in the last several weeks, have further inflamed concerns over U.S. economic prospects and dragged on the dollar.
In recent months U.S. President Donald Trump has expressed his displeasure over rising U.S. rates, arguing that the Fed's monetary tightening threatens to derail the economy.
The heightened fears over slowing global growth benefited the Japanese currency the most last week; it rose 2 percent on the U.S. dollar, and against the Australian dollar, the yen put on a sizable 4 percent.
The Australian dollar, often considered a barometer of global risk appetite, changed hands at $0.7060, gaining 0.4 percent on its U.S. peer after sliding more than 2 percent last week.
The Japanese Yen is the third most commonly traded currency in the world after the US Dollar and the Euro.The Japanese Yen is the national currency for the nation of Japan, which has the third ... The Japanese yen enjoyed its strongest week since June, posting gains of 1.5%.The Dollar/yen broke below the 105 level for the first time since late July. In the upcoming week, we’ll get a look at BOJ Core CPI, which is the Bank of Japan’s inflation gauge of choice. The yen is the third most traded currency in world, behind the US dollar and the euro. Price drivers The US dollar can be influenced by US labor market data – including the monthly non-farm payroll (NFP) results and the unemployment statistics – US GDP and inflation data, interest rates and the Fed. The yen is the third most traded currency in world, behind the US dollar and the euro. Price drivers The US dollar can be influenced by US labor market data – including the monthly non-farm payroll (NFP) results and the unemployment statistics – US GDP and inflation data, interest rates and the Fed. The Yen is one of the world's most-traded currencies on the foreign exchange market, commonly referred to as "forex." Currency rates are notoriously difficult to predict, and most models ...
[index] [267] [487] [504] [407] [31] [401] [120] [112] [464] [371]
Trading the USD/JPY Currency Pair http://www.financial-spread-betting.com/forex/spread-betting-usd-jpy.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MOR... How to trade Forex: Pound vs. Yen Enter code: FXG20 for 20% off your first month at www.forexgentleman.com Visit www.forexgentleman.com to join for free with... Join our Trading Room where we discuss All Things Forex on a daily basis: https://bit.ly/2NLxbsa In today's video, I will explain my SIMPLE and PROFITABLE fo... 1 Hour Trading Strategy In Forex With USDJPY - Asian Session. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE TH... How to trade Forex: Australian Dollar vs. Japanese Yen Enter code: FXG20 for 20% off your first month at www.forexgentleman.com Visit www.forexgentleman.com ...