The Japanese yen has extended its gains as USD/JPY trades at a 3-week low. In the North American session, USD/JPY is trading at 114.25, down 0.35% on the day. Will the yen break into 113-territory before the end of the week? Yen makes most of US dollar retreat The Japanese yen has jumped onto the currency […]
The New Zealand dollar has posted gains for a third straight day. Early in the North American session, NZD/USD is trading at 0.6886, up 0.56% on the day. The currency is on a tear, rising 1.62% so far this week. Strong risk sentiment boosts New Zealand dollar There was plenty of anticipation ahead of the […]
Crypto markets jumped immediately following news from the Federal Reserve that it would be reducing its bond purchases by $30 billion a month, up from $15 billion. The Fed also confirmed that interest rates would remain between 0 and 0.25% in an effort to promote maximum employment and to keep inflation at the rate of […]
