The Japanese yen has reversed directions on Friday and has edged lower. In the European
Tag: JPY
USD/JPY flatlines near 154.25 support. Technical signals remain downbeat. US core PCE inflation index due
Markets The ECB lowered the policy rate to 2.75% (-25 bps) yesterday. While president Lagarde
Key Highlights USD/JPY extended losses below the 155.50 support. A major bearish trend line is
Euro is trading slightly higher following the ECB’s widely expected 25bps rate cut, though the
Markets Yesterday’s Fed policy meeting was a non-event. The US central bank kept rates steady
Markets US tech stocks rebounded sharply with the likes of Nvidia surging 9% after losing
The global financial markets are finding their footing following the turmoil triggered by yesterday’s tech-driven
The sharp selloff in equities sparked by AI competition concerns appears to have run its