Asia FX muted amid rate, election jitters; yen fragile ahead of BOJ

Investing.com– Most Asian currencies moved little on Wednesday as the dollar steadied with focus squarely on the upcoming presidential election and a string of key economic readings. The Japanese yen…

Gold prices hit record high amid election jitters, rate uncertainty

Investing.com– Gold prices hit a record high in Asian trade on Wednesday as safe haven demand was boosted by increased political uncertainty in the U.S. and Japan, as well as…

Economic calendar for the week 04.11.2024 – 10.11.2024

Although the expectations of new aggressive interest rate cuts by the Fed have diminished, the US dollar continued to dominate the market last week, supported by rising US bond yields…

Oil prices steady on shrinking U.S. crude inventories

By Laila Kearney (Reuters) – Oil prices stabilised on Wednesday on industry data showing a surprise drop in U.S. crude and gasoline inventories, following two previous sessions of losses on…