Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold rises even as USD/JPY extends move above 156.50
The rebound in the USD/JPY has now extended even further. The dollar has just now pushed to a fresh session high above 156.50. Hence, it has reversed all the downside seen earlier after the BOJ moved to raise interest rates. The push higher in the USD/JPY has now sent the EUR/USD a little lower, as it drops closed to the earlier breakout point at 1.0458. The Euro peaked at 1.0515 earlier this morning. Gold is lifting too and just now making a move above $2,780 for the first time this year. So, gold is once again a little closer to record it reached last year at $2,790.10. The move higher in the USD/JPY at the same time as Gold rises looks rather odd, especially as US yields are a no lower than earlier. So, we shall have to see where this all takes us. Gold is currently trading at $2,781.80
Market News
All News-
USD/JPY slips after Fed leaves interest rates unchanged
The US Federal Reserve voting committee, the FOMC have just announced the outcome of their monetary policy decision. As expected, the Fed have left...
-
DAX also cadges a ride on Trump comments
The DAX has been under the hammer for most of the afternoon today, but the news reported in the previous update from the US President has also helped... -
US stocks hit session highs on Trump Russia/Ukraine comments-check out the S+P 500 now
The US president has just sent out some comments on his Truth Social platform. Those comments regard his hour long talk with the Ukrainian President...
