About: josephine

Recent Posts by josephine

Aussie and Kiwi hold steady as bond rally fuels rate cut hopes

The Australian dollar (AUDUSD) held at $0.6540, recovering from a three-month low of $0.6480 overnight. Support lies around $0.6466, with resistance at $0.6580.

Rupee edges higher with Asian peers; forward premiums increase

The rupee (USDINR) stood at 83.70 against the U.S. dollar as of 11:00 a.m. IST, up from its previous close of 83.72. On Wednesday, the currency had hit a record low of 83.7450. Asian currencies rose between 0.1% and 0.8%, while the dollar index (DXY) was at 104 after declining 0.4% on Wednesday.

Japanese market shakes as BOJ policy shift hits Nikkei

Thursday saw Japan’s Nikkei share average take a sharp tumble as the yen surged following the Bank of Japan’s (BOJ) historic monetary policy meeting on Wednesday.

Dollar and yen remain steady as markets await BOJ and Fed decisions

The Japanese yen took a breather from its recent rally as the BOJ began its two-day meeting on Tuesday. Last week, the yen surged over 2% against the dollar.

Gold remains sluggish as Fed meeting approaches

Spot gold was down 0.1% at $2,380.31 per ounce, as of 0156 GMT. U.S. gold futures were little changed at $2,377.30.

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