DJIA39807.37
LIVE47.29(0.12%)
NDX18254.69
LIVE-26.15(-0.14%)

Yen Steady Near 34-Year Low Amid Kanda Comments

Friday, 29 March 2024 14:28 WIB DOLLAR Currency EUR/USD USD/JPY, AUD/USD,

The yen held near a 34-year low, defying comments from Japanese government officials that once more threatened a possible market intervention. Other Group-of-10 currencies traded in tight ranges with many major markets including Australia, Hong Kong and Singapore shut to observe the Good Friday holiday. The yen traded steady even after Masato Kanda, Japan’s top currency official, said recent yen weakness was out of line with current economic fundamentals. Finance Minister Shunichi Suzuki also reiterated that the government was watching FX moves with high sense of urgency. USD/JPY held at 151.41. It touched 151.97 this week, the highest since 1990. Market focus...

Read more...

RECENT NEWS

EUR/GBP continues its downward movement, influenced by challenges facing the Euro following dovish comments from European Central Bank (ECB) policymaker Francois Villeroy. During the Asian session on Friday, the EUR/GBP cross depreciates to near...

West Texas Intermediate (WTI) crude oil closed higher on Thursday following two losing sessions on expectations global inventories will continue to wane through the second quarter on OPEC+ production cuts and Ukrainian attacks on Russian...

Gold futures closed at the second record high in as many days on Thursday as buying momentum continues even as the dollar and treasury yields rise. Gold for June delivery closed up US$25.70 to settle at US$2,238.40 per ounce. The precious metal's...

Gold extended a rally that brought it close to last week’s record, as UBS analysts said the precious metal’s surge faces diminished fundamental support. Prices jumped as much as 1% to $2,217.08 an ounce on Thursday, less than $4 shy of an...

Gold extended a rally that brought it close to last week’s record, as UBS analysts said the precious metal’s surge faces diminished fundamental support. Prices jumped as much as 0.9% on Thursday, following three successive days of gains. The...

Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter supply outlook ahead, while the OPEC+ producer alliance was widely expected to stay the course on its current production cuts. Brent crude...

Energy

Oil prices ticked up slightly on Monday following the widely expected extension of voluntary output cuts by the OPEC+ producer group on Sunday. Brent futures climbed 14 cents to $83.69 a barrel at

    Precious Metals

    Gold futures closed at the second record high in as many days on Thursday as buying momentum continues even as the dollar and treasury yields rise. Gold for June delivery closed up US$25.70 to

    CURRENCIES

    DISCLAIMER

    Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.