Tokyo stocks opened lower on Monday weighed down by the US-China trade row ahead of this week's G20 summit and amid concerns over an escalation in US-Iran tensions. The benchmark Nikkei 225 index was down 0.27 percent or 57.89 points at 21,200.75 in early trade, while the broader Topix index dropped 0.22 percent or 3.45 points to 1,542.45. Sumber : AFP
Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and accused the U.S. of incursion and spying over...
In a tight range to start the week, USD/JPY is flat around 107.30 in Tokyo, up from 107.05 from Friday's business but below 107.75 highs. The yen has picked up a safe haven bid and flows out of the greenback following a switch to a new easing bias at the Federal Reserve is likely to keep the pair under pressure. Stock markets were also on the back foot on Friday, weighing on the pair following a disappointment in US data. The Markit US composite PMI came in slightly below the previous read (at...
The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in early Asian trade, its highest since March 22. The dollar index versus a basket of six major currencies was a shade lower at 96.135, having struck 96.093 on Friday, its lowest since March 21, after the Fed last week...
Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying ''significant'' sanctions on Tehran would be announced. Brent futures were up 37 cents, or 0.6%, at $65.57 a barrel by 0044 GMT. West Texas Intermediate crude was up 43 cents, or 0.8%, at $57.86 a barrel. U.S. President Donald Trump said last week that he called off a military strike to retaliate for Iran's downing of an unmanned U.S. drone, and he said on...
USD/JPY has been better bid on the back of renewed optimism surrounding Brexit and global stocks. China announcing stimulus endeavours and with the market backing the notion that the UK will find a resolution to the deadlock in a hung parliament surrounding the Brexit plan has helped risk sentiment rally, supporting the upside in the pair.
As far as the no-confidence vote went, the victory of the vote following yesterday's humiliating defeat where PM May lost the 'meaningful vote' on her Brexit plan by a record margin of 432 to 202. came as expected considering the DUP and hardline Brexiteers had guaranteed their backing. Indeed PM May won with 325 votes. PM May said she would open up Brexit negotiations to a cross-party approach.
Wall Street closed on a positive note on Wednesday, as investors also cheered the optimism in a promising start to earnings season. The Beige Book which also showed eight out 12 Federal Reserve districts reporting modes to moderate growth. Additional support came from US Treasury yields, climbing and flirting with last week's high. the 10-year note hit 2.73%.
USD/JPY levels
Support levels: 108.65 108.30 107.90
Resistance levels: 109.20 109.50 109.85
Source : Fxstreet
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States an...
The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The euro st...
In a tight range to start the week, USD/JPY is flat around 107.30 in Tokyo, up from 107.05 from Friday's business but below 107.75 highs. The yen has picked up a safe haven bid and flows out of the gr...
The U.S. dollar remained near three-month lows on Friday as rising tensions between Iran and the U.S. and weaker-than-expected PMI data kept the dollar down. The U.S. dollar index, which measures the...
The EUR/USD pair held on to its mildly positive tone near weekly tops, albeit seemed struggling to extend the momentum further beyond the 1.1300 handle. After the previous session's late pullback, th...
Tokyo stocks opened lower on Monday weighed down by the US-China trade row ahead of this week's G20 summit and amid concerns over an escalation in US-Iran tensions. The benchmark Nikkei 225 index was down 0.27 percent or 57.89 points at 21,200.75 in early trade, while the broader Topix index dropped 0.22 percent or 3.45 points to 1,542.45. Sumber : AFP
Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and accused the U.S. of incursion and spying over...
In a tight range to start the week, USD/JPY is flat around 107.30 in Tokyo, up from 107.05 from Friday's business but below 107.75 highs. The yen has picked up a safe haven bid and flows out of the greenback following a switch to a new easing bias at the Federal Reserve is likely to keep the pair under pressure. Stock markets were also on the back foot on Friday, weighing on the pair following a disappointment in US data. The Markit US composite PMI came in slightly below the previous read (at...
The euro rose to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid on prospects of a near-term interest rate cut by the Federal Reserve. The euro stretched its rally last week, up 1.4%, and advanced about 0.15% to $1.1386 in early Asian trade, its highest since March 22. The dollar index versus a basket of six major currencies was a shade lower at 96.135, having struck 96.093 on Friday, its lowest since March 21, after the Fed last week...
Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying ''significant'' sanctions on Tehran would be announced. Brent futures were up 37 cents, or 0.6%, at $65.57 a barrel by 0044 GMT. West Texas Intermediate crude was up 43 cents, or 0.8%, at $57.86 a barrel. U.S. President Donald Trump said last week that he called off a military strike to retaliate for Iran's downing of an unmanned U.S. drone, and he said on...