Weak labor data led to a decline in the US Dollar during Thursday session. Initial Jobless Claims remained at 230K, indicating a persistent labor market.
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NASDAQ index back above its 100 day moving average
The NASDAQ index fell -238.04 point at session lows today. It is now flipped that decline and transact 244.18 points or up 1.43% at 17269..
Apple stock consolidates as EU tax ruling overshadows iPhone 16 launch
Apple traded 1% lower on Tuesday after announcing EU tax case conclusion. EU says that Apple must repay Ireland for unfair tax treatment prior to
Goldman Sachs: Cautious on tactical USD/JPY shorts near-term
USD/JPY daily Goldman Sachs expresses caution on holding tactical long positions in the Japanese yen (ie short USD/JPY) in the near term, despite its attractiveness
Bears extend their control, aiming for 87.00
The NZD/JPY pair fell sharply on Friday and reaching a low of 87.85. The RSI has plunged to 36, indicating that the bears are in
Forexlive Americas FX news wrap: Non-farm payrolls soften but not enough for 50 bps
Markets: Gold down $20 to $2496 US 10-year yields down 1.4 bps to 3.72%, 2-year yields down 9.3 bps to 3.65% WTI crude oil down
Japanese Yen holds gains as rising expectations of another BoJ rate hike
The Japanese Yen appreciated as rising Labor Cash Earnings bolstered the odds of further BoJ rate hikes. BoJ’s Takata stated that “if the economy and
ForexLive Asia-Pacific FX news wrap: JPY active again
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