News
Latest financial news from Reuters, CoinDesk, and leading wire services
USD/JPY Advances Above Key Technical Level Near 159.00
USD/JPY climbed 0.5% to near 159.00, surpassing its 200-day EMA around 158.00, signaling bullish momentum late in the session.
Australian Dollar Dips as US Bond Yields Climb Despite Treasury Buyback
The Australian Dollar fell against the US Dollar as US bond yields rose despite Treasury bond buybacks, trading at 0.7114 on Thursday.
GBP/USD Hits Highest Level in Over Four Months Near 1.3650
GBP/USD climbed near 1.3650, its highest level in over four months, gaining 0.2% on the day according to FX Street.
Euro Dips Below 1.1700 Against US Dollar Amid Rising Yields
The Euro fell below 1.1700 against the US Dollar on Thursday as rising US yields bolstered the dollar, with EUR/USD ending near its opening level.
GBP/JPY Hits 14-Day Peak as Buyers Eye Breakout Above 217.00
The GBP/JPY pair rose to a 14-day high near 216.90, with buyers aiming for a breakout above 217.00, signaling bullish momentum according to FX Street.
Gold Rises to $4,530 After US Increases Long-Term Treasury Bond Repurchases
Gold prices rose to around $4,530 early Friday after the US administration increased repurchases of longer-term Treasury bonds, according to FX Street.
Japan’s Consumer Prices Rise 2.0% in July, Marking an Acceleration
Japan’s CPI climbed 2.0% year-over-year in July 2023, accelerating from 1.7% in June, indicating rising inflation pressures.
Australia’s Manufacturing Sector Shows Steady Growth in August
Australia's S&P Global Manufacturing PMI held steady at 52.0 in August, signaling ongoing growth in the sector.
US Treasury Official Suggests Economic Pressure on Iran Could Reduce Military Conflict Risk
US Treasury Secretary Scott Bessent said economic pressure on Iran could lessen the need for major US military operations, according to FX Street.
ChatGPT Now Integrates with Apple Messages for Automated Texting
ChatGPT has been integrated with Apple Messages to provide automated text sending, enhancing user communication through AI.
USD/JPY Surpasses 159.00 as Yen Weakens Against Stronger Dollar
The Japanese Yen weakened against the US Dollar on Thursday as USD/JPY surpassed the 159.00 mark, supported by a stronger US Dollar recovery.
Bitcoin Surpasses 200-Day Moving Average After Nine Months Amid US Treasury Bond Buybacks
Bitcoin has risen above its 200-day moving average for the first time in nine months, boosted by the US Treasury’s expanded bond buybacks.
Mexican Peso Maintains Strength Amid Cautious Banxico Policy and Stable US Jobs Data
The Mexican Peso held steady against the US Dollar on Thursday as Banxico maintained a cautious monetary policy and US labor data showed a stable market, according to FX Street.
New Zealand Dollar Nears Highest Level Against US Dollar Since June
The New Zealand Dollar is holding near its highest level against the US Dollar since early June, trading in the mid-0.5900s, according to FX Street.
CFTC Chair Signals Progress on Crypto Developer Protections and Regulation Plans
CFTC Chair Michael Selig directs staff to explore crypto developer protections and signals readiness to regulate if the CLARITY bill does not pass.
Binance Unveils Agent OS to Empower AI-Driven Trading with User-Controlled Permissions
Binance has launched Agent OS, enabling AI agents to trade and make payments with user-controlled permissions, according to CoinTelegraph.
South Korean Won Strengthens Despite Sharp KOSPI Decline
The South Korean Won strengthened as USD/KRW dropped to the mid-1380s despite a nearly 6% fall in the KOSPI index, according to FX Street.
US Dollar Index Edges Higher Near 98.90 Ahead of Global PMI Data
The US Dollar Index is rising near 98.90 ahead of Thursday's global flash PMI releases, according to FX Street.
USD/SGD Slides Toward 1.27 Amid US Dollar Weakness
USD/SGD extended its slide toward the 1.27 area amid US Dollar weakness, according to FX Street and United Overseas Bank.
Silver Prices Climb to Highest Since Mid-June Amid Market Gains
Silver prices rose over 1.7% to $68.18, hitting the highest level since June 18, driven by market factors noted by FX Street.
Dollar Index Holds Steady Above 98.50 Amid Market Caution
The Dollar Index held steady above 98.50 on Thursday, maintaining a solid base amid market caution, according to FX Street.
Adobe Expands Firefly with New AI Audio Tools and Google’s Gemini Omni Flash
Adobe has added three AI audio tools and Google’s Gemini Omni Flash to its Firefly platform, enhancing creative capabilities.
Runlayer and Rippling Withdraw Lawsuits as Rippling Launches Rival Product
Runlayer and Rippling have dropped their lawsuits without payment, with Rippling releasing a competing product shortly after.
Indonesian Rupiah Poised for Relief Amid Softer Dollar and Stable BI Policy
The Indonesian Rupiah may find support amid a softer US Dollar and stable policy rates at Bank Indonesia, according to OCBC strategists.
Google Launches New Feature to Help Publishers Gain Reader Preference Across Platforms
Google has introduced a button letting readers select preferred publishers across its platforms to help counter AI-driven traffic losses, according to TechCrunch.
US CFTC Prepares for Crypto Regulation if Clarity Act Fails
The U.S. CFTC chief has ordered preparation of crypto regulations if the Clarity Act fails, signaling regulatory readiness according to CoinDesk.
New Zealand Dollar Gains as Rate Hike Expectations Build
The New Zealand Dollar rose 0.12% to 0.5940 on Thursday as expectations for an RBNZ rate hike strengthened, according to FX Street.
USD/JPY Rebounds as US Dollar Recovers from Three-Month Low
The USD/JPY pair climbed to 159.05 yen as the US Dollar recovered from a three-month low, rising about 0.55% on Thursday.
Australian Dollar Near Multi-Week Highs Amid RBA Tightening Expectations
The Australian Dollar traded near 0.7100 against the US Dollar on Thursday, supported by RBA tightening expectations despite mixed data.
Gold Prices Slip as US Treasury Yields and Dollar Rebound
Gold prices fell 0.33% as US Treasury yields and the US Dollar strengthened, pressuring bullion markets.