Author: FX
U.S. job openings fell to 7.36 million in June, missing forecasts, while hiring picked up, a mixed signal days before Friday’s jobs report. Source link
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The British Pound (GBP) edges higher against the US Dollar (USD) on Tuesday, reaching session highs above 1.3440 after finding support at the 1.3420 area earlier on the day. A mild risk appetite amid market hopes of a negotiated breakthrough in Iran and investors’ cautiousness ahead of key US labour market releases are keeping US Dollar bulls subdued on Tuesday.A tense calm holds for the second consecutive day in Iran, with news from the conflict showing contradictory versions. US President Donald Trump affirmed that this is Tehran’s last chance to sign a good deal with the United States, but Iranian…
Japan and US will “certainly” intervene again if yen resumes slide, says ex-BOJ official !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
On the radarToday at 8am CET, Producer Price Index for June will be published in Romania.Today at 10:30am CET, Slovenia will release trade balance for June.Economic developmentsNuclear power plays a central role in Central and Eastern Europe’s energy mix, leaving the region with one of the largest shares of nuclear electricity production in the world, behind only France. However, despite intense summer heatwaves and dropping river water levels, CEE countries face vastly different operational risks depending on how their reactors are cooled. Plants relying on direct once-through river cooling—such as Paks in Hungary, Kozloduy in Bulgaria, and Cernavodă in Romania—are highly vulnerable to environmental conditions.…
New Zealand’s quarterly jobs report could make or break RBNZ tightening hopes. Here’s what I’m watching on GBP/NZD and NZD/CHF in case the results disappoint. Source link
Rumored BOJ intervention sent NZD/JPY tumbling close to the bottom of its long-term range visible on the daily chart. Will we see a bounce or break from here? Source link
A solid New Zealand jobs report could put Kiwi strength in play, with NZD/CAD and AUD/NZD offering two different routes. Source link
In the news again – South Korea eyes curbs on leveraged ETFs as investor losses mount !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Federal Reserve (Fed) Chair Kevin Warsh is reportedly weighing whether the US central bank should hold fewer policy meetings each year, according to the New York Times, citing four people familiar with the matter.Bloomberg later reported that Warsh floated a schedule of six rate-setting meetings a year, plus two additional meetings focused on broader economic issues.The eight regular FOMC meetings a year to set interest rates have been standard since the 1980s, and next year’s tentative meeting dates have already been posted on the Fed’s website. Any reduction would mark a major change to a monetary policy framework that has…