Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Important US data on the agenda for the dollar this afternoon- USD/JPY in focus again
There are some pretty important US economic releases due out this afternoon. At 12.30pm GMT we get the final reading of Q1 GDP, final revisions to Q1 core and non-core PCE, Durable goods orders and the usual weekly jobless claims data. So, the dollar will react to any surprises there and once again that puts the USD/JPY very much front and centre of that. The USD/JPY has been edging back towards the near 40 year high it reached yesterday, at 160.87. That is after it drifted back to a low earlier today 160.31. There will of course be more to add on the price action today, perhaps before the US data and if not, then most certainly after it. The USD/JPY is currently trading at 160.58
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
