June 11, 2024

Yen Skids has been experiencing a sharp decline, hitting week lows on Monday as US 10-year treasury yields spiked. This marks the second consecutive day of losses against the dollar, driven by strong US labor data and anticipation of upcoming monetary policy decisions. Let’s explore the factors behind the yen’s recent performance and its implications …

Yen Skids to Week Lows as US 10-Year Treasury Yields Spike Read More »

Dollar Hit has been making headlines recently, hitting a four-week high on Monday as strong buying sentiment dominated the market. This surge in the dollar’s value has been fueled by a combination of factors, primarily the rise in US 10-year treasury yields and robust US employment data. Let’s explore the details behind this upward momentum …

Dollar Hit Four-Week High on Strong Sentiment Read More »

Wall Street Edges a mild decline on Monday as markets braced for several crucial events this week. The Federal Reserve’s policy meeting, where interest rates are expected to remain unchanged, is one of the highlights. Additionally, Fed Chair Jerome Powell’s upcoming speech and the release of consumer and producer prices data are creating a buzz. …

Wall Street Edges Down as Markets Await Crucial Events Read More »

Oil Moves Higher saw a significant uptick on Monday, with gains driven by the anticipation of increased fuel demand during the summer season. This surge in prices has also been bolstered by optimistic forecasts from financial analysts, further elevating market sentiments. Rising Oil Prices on Monday On Monday, oil prices rose notably, marking a week …

Oil Moves Higher to a Week High Read More »

Sterling Moves to recently hit a two-week low against major currencies, following the release of UK labor data. This shift in the market reflects broader economic trends and provides insight into the UK’s current financial landscape. Sterling’s Decline in European Trade On Tuesday, sterling resumed its downward trend in European trading, edging closer to two-week …

Sterling Moves to a Two-Week Trough After UK Labor Data Read More »