Tag Archives: Yen

yen

MARKETS TODAY: Yen Shift, Meta Stock Performance

The USD/JPY pair has surpassed the 155.00 mark, a level highlighted by ex-Deputy Finance Minister Michio Watanabe as pivotal. SEE: USD/JPY breaks the 155.00 level on the VT Markets trading app This move comes as the market anticipates key economic data from the U.S., such as GDP and PCE figures. Historically, such breaches have led toContinue Reading

Japanese Rubber Futures Decline From Lower Prices and Market Pressures

24th April 2024 Japanese rubber futures on the Osaka Exchange (OSE) for October delivery experienced a downturn, falling by 5.1 yen or 1.65% to 304.2 yen ($1.97) per kg as of 0208 GMT. Similarly, the rubber contract for September delivery on the Shanghai Futures Exchange (SHFE) decreased by 155 yuan or 1.08% to 14,215 yuanContinue Reading

Dollar Steadies Around Currency Movement and Economic Data

The dollar index, which tracks the U.S. currency against a basket of six major peers including the euro, sterling, and yen, held steady at 105.64 in early Asian trading, following a decrease of 0.4% overnight. This movement came after the dollar index reached its lowest point since April 12 at 105.23. This recent dip inContinue Reading

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