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AUD/JPY: The AUD/JPY pair is trading above the Kumo. A successful attempt to eliminate the Kijun Sen will confirm the bullish sentiment.
Japanese Prime Minister Shinzo Abe said he would resign to undergo treatment for a chronic illness, ending his run as the country’s longest serving premier in an announcement that surprised some members of his party. Yen appreciated about 1.3% against the dollar on the news.
The dollar slumped and U.S. equity-index futures gained as the Federal Reserve’s new inflation approach rippled through global markets.
The yield on 10-year Treasuries fell two basis points to 0.74%.
Merkel Warns of Long Road Ahead in Worsening Virus Crisis.
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
After yesterday's equity sell-off things are looking mixed in the Asian session this morning.
US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
The New Zealand dollar is rising for the sixth straight day, outperforming its major peers. What is the reason? Let’s find out!
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!
