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Euro rises against Japanese Yen as latter underperforms across the board
The Euro (EUR) trades 0.1% higher to near 185.20 against the Japanese Yen (JPY) during the European trading session on Wednesday.
British Pound: Momentum fades against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang reports that GBP/USD failed to sustain its recent strong run, pulling back after testing resistance near 1.3410.
USD/JPY Price Forecast: Dollar remains capped below 162.40 resistance area
The US Dollar (USD) appreciates against the Japanese Yen (JPY) for the fourth consecutive day on Wednesday, fuelled by the resumption of hostilities in the Middle East and dovish comments from Bank of Japan (BoJ) officials.
Equities: Mixed reaction to US-Iran tensions – Deutsche Bank
Deutsche Bank’s Jim Reid highlights that Asian equities are mostly lower as investors digest a sharp escalation in US-Iran tensions and surging Oil prices. KOSPI is down over 5% and the Nikkei and S&P/ASX 200 are weaker, while mainland Chinese indices and the Hang Seng are firmer on tech gains.
New Zealand Dollar: Hawkish RBNZ but kiwi seen vulnerable – Commerzbank
Commerzbank’s Volkmar Baur reports the Reserve Bank of New Zealand (RBNZ) lifted the Official Cash Rate (OCR) to 2.5%, with the New Zealand Dollar (NZD) gaining slightly versus US Dollar (USD).
South Africa Net $Gold & Forex Reserve declined to $71.338B in June from previous $73.467B
South Africa Net $Gold & Forex Reserve declined to $71.338B in June from previous $73.467B
South Africa Gross $Gold & Forex Reserve : $74.115B (June) vs previous $76.58B
South Africa Gross $Gold & Forex Reserve : $74.115B (June) vs previous $76.58B
South Africa Net $Gold & Forex Reserve up to $71338B in June from previous $73.467B
South Africa Net $Gold & Forex Reserve up to $71338B in June from previous $73.467B
South Africa Gross $Gold & Forex Reserve dipped from previous $76.58BÂ to $74.12B in June
South Africa Gross $Gold & Forex Reserve dipped from previous $76.58BÂ to $74.12B in June
Euro: Range trade around key supports against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD’s failure to extend its recent advance, with momentum fading after a retreat from recent highs.
Sweden Industrial Production Value (MoM) down to 0.2% in May from previous 4.2%
Sweden Industrial Production Value (MoM) down to 0.2% in May from previous 4.2%
Sweden Industrial Production Value (MoM) dipped from previous 4.2%Â to 0.6% in May
Sweden Industrial Production Value (MoM) dipped from previous 4.2%Â to 0.6% in May
Sweden Industrial Production Value (YoY) fell from previous 7.1% to 6.9% in May
Sweden Industrial Production Value (YoY) fell from previous 7.1% to 6.9% in May