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In the latest development in the currency market, the USD/JPY experienced a dip from 151.70 to under 151.20 following hinted intervention by Japanese officials. Officials Kanda, Suzuki, and Matsuno...
Investing.com-- Most Asian currencies fell on Tuesday as Chinese economic data showed an unexpected decline in business activity, while the Japanese yen tumbled after the Bank of Japan maintained its...
Reserve Bank of Australia's (RBA) assistant governor, Brad Jones, recently warned industry leaders about the potential threats posed by artificial intelligence (AI), climate change, cyber attacks, and...
The GBP/AUD exchange rate experienced a downturn today, impacted by strong Australian retail data and concerns about the UK economy. This follows last week's dip in the currency pair due to...
Investing.com-- Australian retail sales grew much more than expected in September, tracking a strong start to spring shopping and feeding into expectations that inflation will remain elevated in the...
Reserve Bank Governor Michele Bullock, during her inaugural Senate estimates hearing on Thursday, signaled potential rate changes on Melbourne Cup Day due to an unexpected surge in inflation. The...
Consumer electronics and appliance retailers, including Apple (NASDAQ:AAPL) stores, JB Hi Fi, The Good Guys, Optus, and Telstra (OTC:TLGPY), are preparing for a challenging Q4 2023 amid expectations...
Investing.com-- Australian consumer inflation edged past expectations in the third quarter as a recent spike in oil prices factored into higher fuel costs, feeding bets that the Reserve Bank will have...
The British Pound (GBP) is outperforming as the strongest major currency with the Australian Dollar (AUD) lagging, while the U.S. Dollar (USD) exhibits mixed performance. This comes as U.S. bond...
Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar steadied following somewhat mixed comments from Federal Reserve Chair Jerome Powell on the path of interest...
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