The USD/JPY pair remains under intense selling pressure for the second straight day and plummets to a nearly four-week low, around the 157.25-157.20 region during the early European session on Thursday.Traders remain on high alert amid speculation that authorities had conducted a rate check, which signals the possibility of an…
Headlines
See All
AUD/NZD spent Wednesday pushing at a ceiling that has held since 2013, running from near 1.2100 to a high short of 1.2300 and trading just above 1.2250 into the European afternoon. The Australian Gross Domestic Product (GDP) beat and the New Zealand rate decision landed within hours of each other, and the tidy explanation is that the Aussie caught a bid on the data. The arithmetic says something less flattering.Only one leg actually movedSet the…
The USD/CHF advances some 0.13% on Wednesday as the Greenback holds within familiar levels, after…
Los Angeles County and Sheridan County, Wyoming, don’t share many similarities, except for one main…
Most Popular
Finance news
View More
With America’s debt mounting and oil prices on the rise again, the bond market has been gripped by a sell-off this week.Market jitters were first triggered last week, following Scott Bessent’s plan to have the Treasury as much as double its long-dated bond purchases. The move briefly quelled yields, but…
Business
View MoreYields on U.S. Treasurys hovered near multi-year highs on Wednesday, as the global bond market experienced a sell-off amid concerns over energy prices keeping inflation elevated as well as government debt burdens. The yield on the benchmark 10-year Treasury note was around 4.8% in the early afternoon on Wednesday, slightly…
Markets
View More
This as-told-to essay is based on a conversation with Teri Williams, president and chief operating officer of OneUnited Bank. It has been edited for length and clarity.Growing up in Indiantown, Florida, I used to follow my great-grandmother around, whom I called Ma Honey. Ma Honey owned a penny candy store,…
