US Dollar Soars as Rosy ADP Report Shapes High Expectations for NFPs Next
US Dollar, DXY, S&P 500, Treasury Yields, ADP Data – Asia Pacific Market Open US Dollar and Treasury yields soar, S&P 500 sinks on ADP report The rosy data sets a high expectation for Friday’s non-farm payrolls The DXY Dollar Index is increasingly showing signs of reversing Recommended by Daniel Dubrovsky Get Your Free USD […]
Chinese yuan hits 4-mth high on reopening cheer, U.S. payrolls awaited By Investing.com
© Reuters. By Ambar Warrick Investing.com — The Chinese yuan jumped to a four-month high on Friday as markets bet on a strong economic boost from China reopening its borders this month, while broader Asian currencies were flat as focus turned to key U.S. payrolls data for more cues on the economy. The was among the […]
USD/JPY holds steady near multi-day high, remains below 133.00 ahead of US data
USD/JPY touches a four-day high on Thursday, though lacks any follow-through. The emergence of some buying around the USD acts as a tailwind for the major. Reports that BoJ will raise inflation forecasts benefit the JPY and caps the upside. The USD/JPY pair reverses an intraday dip to the 131.70-131.65 area and touches a four-day […]
European gas prices fall to lowest since Feb 21, before Ukraine war began
European natural gas prices started the new year declining as mild weather curbed demand. Benchmark futures dropped as much as 7.9% to the lowest level since February 21, extending three weeks of net declines.Weather forecasts point to temperatures above seasonal norms for most of the region in the next […]