Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
The Daily Fix
The Japanification of the US - the truly bullish case for gold Gold is consistently in Pepperstone’s top five daily most traded products, where generally the flow is skewed to the long side. However, with…
USD/JPY – Above 109 as Japan Struggles to…
The Dollar rose against the Yen as Japan announced a state of emergency as it struggled to battle an alarming rise in Covid-19 cases. Japanese Prime Minister Shinzo Abe reportedly said that he would increase…
USD/JPY – Holds 107, 108.50 Resistance to Hold…
The Dollar rallied against the Yen to an overnight high at 108.09 after holding an overnight low at 107.015 despite the awful US Jobless Claims report. Japanese 10-year JGB yields slipped to -0.03% while US…
USD/JPY – Trading Heavy, Range Shifts to 104.5-107.5,…
The Yen outperformed FX, the US Dollar dropping 1.08% against the Japanese currency. USD/JPY finished at 106.02 in New York, further easing in early Sydney to 105.85 before settling at its current 106.15. Apart from…
USD/JPY – Modest Gains Despite Risk-Off, Traders Wary…
Despite the market’s risk off stance, the USD/JPY pair saw a modest gain to 105.35 at today’s New York close, up 0.56%. The extent of the move was mild compared to earlier in the week…
Masayoshi Amamiya: Central Bank Digital Currency and the…
I would like to thank all of you for attending the Future of Payments Forum today. Recent private sector initiatives, including stablecoins, indicate the customers' need for convenient, fast and efficient payments. To meet this…
USD/JPY – Japan Inc Put a Base to…
The Dollar’s rebound was sharpest against the Yen after yesterday’s USD/JPY plunge to 101.18. Japanese officials were busy on the wires warning against any sharp Yen moves as the Yen rocketed and the Nikkei plunged.…
USD/JPY – Slip sliding Away, Japan Inc Warns,…
USD/JPY plunged in early Asian trade in a flash crash to a 3-year low at 101.18 before jumping in choppy trade to 103.00 before settling in a 102.00-102.70 range. The Dollar is still heavy against…
