Japan's yen took the spotlight in Asia on Monday, circling near the 150-per-dollar level in a tug of war between investors betting on a further rise in dollar yields and those expecting Japanese authorities will intervene in markets. The week kicks off with growing worries about...
The dollar dropped on Thursday after Federal Reserve Chair Jerome Powell was interpreted as being generally dovish in comments made at an economic forum, even as he warned that the U.S. central bank could raise interest rates again. The U.S. economy's strength and continued tight labor...
SOLID GOLD BERJANGKA - Harga minyak dunia naik pada Rabu (18/10/2023) dipicu penurunan cadangan minyak mentah Amerika Serikat melampaui ekspektasi. Seperti dilansir Reuters, harga minyak West Texas Intermediate (WTI) untuk pengiriman November 2023 naik US$1,66, atau sekitar 1,9 persen, menjadi US$88,32 per barel di New York Mercantile Exchange. Harga...
Oil fell from a two-week high as traders tracked tensions in the Middle East and the US eased some crude sanctions against Venezuela. West Texas Intermediate dropped below $88 a barrel after rallying 1.9% on Wednesday to close at the highest since Oct. 3. Following a brief midweek...
Most Asian currencies firmed slightly on Wednesday tracking a stronger-than-expected reading on Chinese economic growth, although fears of an escalation in the Israel-Hamas war limited any major gains. Renewed fears of higher-for-longer U.S. interest rates also remained in play after a stronger-than-expected reading on retail sales...
Gold jumped to the highest level in four weeks as the intensifying conflict in the Middle East bolstered haven demand, with hopes for a diplomatic resolution deteriorating after a deadly explosion in Gaza. US President Joe Biden’s visit to Israel and Jordan scheduled for Wednesday began to unravel even before he...
The U.S. dollar swayed in a tight range on Tuesday as traders took stock of developments in the Middle East and braced for speeches this week by central bank officials, including Federal Reserve Chair Powell, to gauge the policy outlook. The yen was pinned close to...
Gold steadied after dropping at the start of the week, with traders closely watching as the US ramps up efforts to prevent the Israel-Hamas war from expanding into a regional conflict. Haven demand has waned with President Joe Biden set to travel to Israel Wednesday in a visit designed...
Harga minyak turun untuk hari ketiga – sekaligus menghapus semua lonjakan pada hari Senin setelah serangan Hamas terhadap Israel – seiring meredanya kekhawatiran konflik akan menyebar dan data industri AS menunjukkan lonjakan persediaan. West Texas Intermediate turun di bawah $83 per barel setelah merosot pada hari...
This passage discusses the recent trends in the foreign exchange market, particularly focusing on the US dollar's weakening, likely due to dovish remarks from the Federal Reserve and anticipation of US inflation data. Here's a summary of the key points: Dollar Weakening and Fed Remarks: ...