USD Rises vs JPY on BOJ Caution, while EUR SellOff Pauses

BOJ governor flags gradual hikes but vague on timing Dollar holds near oneyear high as yields support Euro steadies, with eyes on Trump39;s Treasury pick SYDNEYLONDON, Nov 18 Reuters The dollar climbed against the yen on Monday after Japan39;s top central banker flagged further monetary policy tightening ahead but left open the question of timing, […]
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Expert Technical Fundamental Insights 18.11.2024

EURUSD What happened to EURUSD in the last week? Last week was the second consecutive week of loss in EURUSD that traded unchanged today at 1.0541, oneyear low. EUR weakness was a mix of weak fundamentals, political instability from Germany and USD strength after USD index increased to 106.65, the highest in a year. ECBs […]
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South African Rand Firms on SP Outlook Upgrade

JOHANNESBURG, Nov 18 Reuters South Africa39;s rand gained on Monday, as markets welcomed rating agency SP39;s decision to raise the country39;s credit rating outlook. At 0747 GMT, the rand traded at 18.12 against the dollar , 0.52 stronger than its previous close. SP revised South Africa39;s outlook to positive from stable on Friday, citing plans for accelerated […]
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Gold Prices Climb nearly 1 as Dollar Rally Eases

At least seven Fed officials due to speak this week Expect lessdovish rhetoric from US policymakers, analyst says Solid US retail sales in October underscore economy39;s resilience Nov 18 Reuters Gold prices rose nearly 1 on Monday after last week39;s sharp decline, as a rally in the dollar paused, while market players awaited comments from […]
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Europe Shares Struggle ahead of Speeches from ECB Policymakers

Melrose climbs after results Eyes on Nvidia earnings Lagarde set to speak Nov 18 Reuters European shares dipped on Monday following a string of weekly losses, weighed down by real estate and technology stocks, while investors awaited speeches from European Central Bank policymakers to gauge the path of interest rates. The continentwide STOXX 600 index dropped […]
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