TechRound

Here is what you need to know on Friday, February 28: The US Dollar (USD) Index, which tracks the USD's performance against a basket of six major currencies, clings to small daily gains after touching a two-week-high near 107.50 early Friday. Investors await preliminary February Consumer Price Index

The Japanese yen has posted losses on Thursday. In the North American session, USD/JPY is trading at 149.84, up 0.48% on the day. Tokyo core CPI expected to ease to 2.3% Inflation has been steadily moving higher in Japan and January’s inflation data reflects the upward trend. The consumer price inde

Summary February brought the biggest drop in consumer confidence since 2021 as anxiety about the outlook for the broader economy manifested in a more-than nine point drop in the forward-looking expectation index, which now sits at an eight-month low and is just 7.3 points from its cycle low in 2022.

The market is clearly becoming less nervous about headlines around tariffs. President Trump was on the wires talking 25% tariffs on automobile, semiconductor, and pharmaceutical products and the market took it all in stride rather than panicking as we had seen weeks back. Share: Analysis feed

NZD/JPY recovers swiftly after the post-RBNZ slide to a one-week trough. A positive risk tone undermines the JPY and also lends support to the cross. BoJ rate hike bets help limit further JPY losses and cap gains for spot prices. The NZD/JPY cross rebounds around 80-85 pips from a one-week trough to

USD/MXN dips below 50-day SMA at 20.42, trading at 20.27. Weak US Retail Sales and softer PPI sub-components fuel Fed easing expectations. Mexico’s Retail Sales, Banxico minutes, and Q4 GDP are in focus this week. The Mexican Peso (MXN) extended its gains versus the US Dollar (USD), clearing key sup

The Japanese economy continues to grow, faster than the BoJ's forecast. Given the upside risks to higher inflation, the BoJ is likely to raise rates as early as May if the Shunto wage negotation results are as strong as last year. Japan’s GDP grew 0.7% QoQ sa in the fourth quarter (vs a revised 0.4%

Asia market update: JP GDP strength surprises; CN record-high loans; Focus on AU RBA Rate Decision. - Currencies generally stronger as JPY/USD rose 0.5% amid further signs of sustainable inflation in Japan with Sumitomo Mitsui Bank saying it will raise wages by ~8% this year - but the big surprise w