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USD/JPY fades the bounce off a three-week low as BOJ defends easy money policy. BOJ keeps monetary policy unchanged, as expected, stays cautiously optimistic on economic outlook Easing hawkish Fed bets, downbeat yields also keep pair sellers hopeful ahead of Fed’s preferred inflation data. Kuroda’s presser, Japan’s supplementary budget will also be crucial for intraday
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Dollar remains broadly softer, and stays as the worst performer for the week. It’s partly dragged down by the pull back in treasury yields, with 10-year yield breaching 4% handle overnight. Canadian Dollar is the next weakest, after the smaller than expected 50bps rate hike by BoC. On the other, Sterling remains the winner on
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In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share.  However, Apple came up short versus revenue expectations in core product categories including the company’s iPhone business and services.  Apple shares rose over 1% in extended trading. Here
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Projects building on the Celo blockchain have collectively raised $77.3 million in support of various business initiatives, underscoring the growing adoption of the payments-focused developer network.  Celo announced Thursday that projects impactMarket, Loam, Tatum, Circular Impact, Sanergy, Hyperlane, RedStone and Jia had secured the funding to further the adoption of Web3 business models. The biggest
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Gold price fell by Rs 101 to Rs 51,024 per 10 gram on Thursday amid weak global trends and appreciation in rupee, according to Securities. In the previous trade, the yellow metal had closed at Rs 51,125 per 10 gram. Silver also declined by Rs 334 to Rs 58,323 per kg. The rupee appreciated 67
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Euro softens broadly today after ECB delivered 75bps rate hike as widely expected. President Christine Lagarde delivered no specially hawkish message that could give Euro another lift. On the down hand, Dollar is recovering, with some help from better than expected GDP data. But the greenback remains the worst performed followed by Canadian and Swiss
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The sharp rise in the yuan against the US dollar retraced some of the currency’s excessive depreciation this week, helped by a fall in the US Dollar Index, the 21st Century Business Herald reported, citing analysts. Key quotes “Many asset management institutions view the yuan as undervalued against the dollar, which had rallied on expectations
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