Yen Slightly Firmer on Wage Growth Prospects, Dollar Rally Capped

Australian Dollar trades broadly lower in today’s Asian session, influenced by notable decline in Hong Kong and Chinese stock markets as driven by selloff in technology stocks in these regions. Additionally, there is growing investor caution ahead of impending economic data from China, which is anticipated to highlight deepened deflation and challenges in the export […]

Yen ended as the runaway loser last week as its decline reaccelerated towards the end. With the crucial 160 level against Dollar now within reach, market participants are keenly watching to see if Japan will intervene soon to prop up the Yen, or just let it depreciate further. Swiss Franc was the second weakest currency […]

Global financial markets are experiencing subdued activity in Asian session today, with market participants scaling back their activity in light of Thanksgiving holiday. Major US stock indexes managed to close higher overnight, yet there’s a palpable reluctance among investors to propel these indexes to new highs for the year. In contrast, Asian markets are demonstrating […]