Category: AsiaPacific

  • ForexLive Asia-Pacific FX news wrap: RBNZ leans more dovish, NZD drops

    The two most interesting items during the session here were inflation data from China and the Reserve Bank of New Zealand’s July monetary policy review. The Reserve Bank of New Zealand dropped a dovish bombshell. I explained it at the time (see points above): *** From the Reserve Bank of…

  • ForexLive Asia-Pacific FX news wrap: Awaiting the UK election, NFP to follow on Friday

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)

    The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…

  • ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)

    The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…

  • Forexlive Asia-pacific FX news wrap 28 Jun: Presidential debate was a nothing burger

    High Risk Warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…

  • B2C2 Strengthens Asia-Pacific Presence with New Singapore Office

    B2C2, a cryptocurrency market maker owned by Japan’s SBI Holdings, has opened a new office in Singapore and will apply for a Master Payment Institution (MPI) license in the city-state. The move, announced today (Monday), comes as the company prepares to strengthen its presence in the Asia-Pacific region, describing it…

  • Asia-Pacific markets in red as traders digest RBA May policy minutes; eyes on FOMC minutes

    Samxmeg/iStock via Getty Images Japan (NKY:IND) -0.31%. Investors are also looking forward to a series of economic reports in Japan this week, including trade, inflation and business activity data. China (SHCOMP) -0.57%. Hong Kong (HSI) -2.12%. India (SENSEX) -0.08%. Australia (AS51) -0.18%. Minutes of the RBA’s latest meeting showed the…

  • ForexLive Asia-Pacific FX news wrap: Gold hit a record high, silver and copper surged also

    Speakers at the Fed on Monday included Bostic, Barr, Waller and Jefferson Iranian official media confirmed that there were no survivors from the helicopter crash The Saudi Crown Prince postpones his visit to Japan ICYMI – China’s benchmark lending rates remained steady: 1-year loan coverage ratio at 3.45% and 5-year…

  • Asia-Pacific markets higher tracking gains on Wall Street; Hong Kong stocks hit 8-month hi

    Michael H Japan (NKY:IND) +0.41%. Japan’s services sector gauge unexpectedly fell to 47.4 in April 2024 from 49.8 the previous month, lagging the market consensus of 50.4. Japan’s current account surplus rose to 3,398.8 billion yen in March 2024 compared to the Japanese yen. 2,360.0 billion in the same month…

  • ForexLive Asia-Pacific FX news wrap: USD higher across the major FX board

    High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…

  • ForexLive Asia-Pacific FX news wrap: Massive swings for USD/JPY – intervention then bounce

    ForexLive Asia-Pacific FX news wrap: Massive swings for USD/JPY – intervention then bounce

    USD/JPY as it happened: last: The USD/JPY pair was holding near 157.50 after the US market closed on Wednesday afternoon before interventionary selling hit it hard. It fell from 157.50 dramatically after a large number in very liquid trading over the course of about 20 minutes before finally bouncing from…