Japanese equities rose after Tokyo secured a U.S. pledge to correct a tariff order and refund excess duties, while the Bank of Japan’s July meeting summary revealed divisions over the timing of future rate hikes. The yen weakened, USD/JPY topping 147.30, as the dollar firmed slightly more broadly. The U.S. slapped tariffs on large gold … Read more
Gold Technical Analysis, Gold Breakout Delivers Fresh All Time High Gold has surged to a fresh all time high, extending gains after the breakout was first reported by investingLive (formerly ForexLive.com). A powerful mix of fundamental drivers and clear technical signals has pushed gold prices into record territory, confirming that the yellow metal remains one … Read more
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not … Read more
Japanese trade envoy Ryosei Akazawa said the U.S. has agreed to correct a presidential order on tariffs and refund any excess duties collected in error. Speaking in Washington after talks with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, Akazawa stressed there was no disagreement between the two countries over reciprocal tariffs. Under the … Read more
Japan data – June Household Spending +1.3% y/y expected +2.6%, prior +4.7% -5.2% m/m expected -3.0%, prior +4.6% Still to come from Japan today is the ‘Summary of Opinions’ from the Bank of Japan July 30-31 meeting: Economic calendar in Asia 08 August 2025 – we hear more from the Bank of Japan The Bank … Read more
US Treasury Secretary Bessent says Trump is using tariffs as a foreign policy instrument Bessent speaking with Fox noos. Bessent is, of course, correct here. Tariffs are increasingly being deployed for purposes beyond addressing trade imbalances, with geopolitical factors playing a growing role. For example, the Trump administration imposed an additional 25% duty on India … Read more
Rabobank sees limited BoC easing ahead, narrowing US-Canada rate gap to weigh on USD/CAD Rabobank expects the Bank of Canada (BoC) to deliver one final 25 basis point rate cut, likely at the October meeting. However, Rabo sees the risk tilted toward no further easing. The Bank of Canada held its policy rate at 2.75% … Read more
Trump speaking on proposing a Russia-Ukraine ceasefire says it is up to Russia’s President Putin Putin doesn’t have to agree to meet with Ukraine’s President Zelensky to meet with me This article was written by Eamonn Sheridan at investinglive.com. fbs.mobi
Prior month by $5.13 billion (revised from $5.10 billion). The details show Total Outstanding: $5,047.3B → $5,054.7B | +$7.4B (+0.15%) Revolving Credit: $1,298.1B → $1,297.0B | −$1.1B (−0.08%) Nonrevolving Credit: $3,749.2B → $3,757.6B | +$8.4B (+0.22%) Visit daily and often at www.investingLive.com. This article was written by Greg Michalowski at investinglive.com. fbs.mobi
The USDCAD remains directionless in the short term, trading within well-defined technical boundaries as market participants await a decisive break. On the 4-hour chart above, price action this week has respected major moving average levels: Tuesday’s high extended up to test the 100-day moving average, currently at 1.37954, where sellers leaned against resistance and held … Read more
