Yen Moves in a Positive Zone Amid Active Buying Sentiment

Yen Moves gains in Asian trade on Monday against a basket of major currencies, continuing its upward trend for the third consecutive session and distancing itself from 38-year lows. This surge in the yen follows speculation that the Bank of Japan (BoJ) intervened in the forex market to bolster the currency during the US holiday…

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Dollar Trades Near continued its downward trend in European trade on Thursday, sliding against a basket of major currencies and nearing three-week lows. This decline marks the dollar’s sixth consecutive session of losses, triggered by disappointing economic data that suggests a faster-than-expected slowdown in the US economy during the second quarter. The Index The dollar…

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Wall Street Close today in observance of the Fourth of July holiday, with trading activities scheduled to resume tomorrow. This annual closure provides a brief pause in market activity, allowing investors to celebrate Independence Day while reflecting on the state of the markets. Significance of Market Closures Market holidays, such as the Fourth of July,…

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Euro About surged in European trade on Friday, extending its winning streak against major rivals for the seventh consecutive session. This impressive rally has propelled the Euro to three-week highs, poised to record its largest weekly profit in 2024. The upcoming final round of the French Parliamentary elections plays a significant role in this trend.…

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Wall Street Rise saw a positive uptick on Friday following the release of a mixed payrolls report. The majority of US stock indices posted gains as investors digested the latest employment data. Mixed Payrolls Report The latest government data revealed that the US economy added 206,000 new jobs in June, surpassing analysts’ expectations of 200,000.…

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