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Yen spikes on suspected intervention; big week awaits the dollar

Yen spikes on suspected intervention; big week awaits the dollar

FromGlobal Market Insights - Forex, Futures, Stocks


Yen spikes on suspected intervention; big week awaits the dollar

FromGlobal Market Insights - Forex, Futures, Stocks

ratings:
Length:
4 minutes
Released:
Apr 29, 2024
Format:
Podcast episode

Description

Yen reverses higher after breaching 160/dollar, but no comment on intervention. Dollar slips despite more hot inflation data; Fed decision and NFP loom large. Stocks extend gains on earnings, strong US economy.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Released:
Apr 29, 2024
Format:
Podcast episode

Titles in the series (100)

XM's trading podcast, Global Market Insights, reflects our commitment to providing traders with meaningful and informative content based on diversity and practical purpose, encompassing up-to-date information needed for online investing and updates on economic events across the globe.For more in depth technical and fundamental analysis, be sure to visit www.xm.com/research.Trading Point of Financial Instruments Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) (licence number 120/10). Trading Point of Financial Instruments Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) (licence number 443670), and XM Global Limited is regulated by the Financial Services Commission of Belize (FSC) (licence number 000261/397).