Tag: prompts

Renewed greenback power prompts return of bearish bets on the Chinese language yuan

I might take this as a view on present market sentiment, because the tides are turning within the greenback's favour this week. It's just about a double whammy on this occasion, after having...

Dollar Edges Lower; Looming Payrolls Data Prompts Caution By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged lower in early European trade Friday ahead of the crucial U.S. jobs report, but remains on course for a weekly gain after Federal...

ForexLive Asia-Pacific FX news wrap: BoJ intervention prompts wild, wide USD/JPY swings

The big news out of the Asian timezone today was the Bank of Japan intervention to sell USD/JPY. Estimates of the amount of selling ranged from USD30bn to USD50bn. The BoJ has to sell its foreign reserves...

Forexlive Americas FX news wrap: Poor PMI prompts hard landing fears

Markets: Gold up $5 to $1723 US 10-year yields down 15 bps to 2.75% WTI crude down $1.69 to $94.69 S&P...
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