Dollar drifts as traders await Kevin Warsh’s Jackson Hole address
The US dollar is trading in mixed fashion as rising oil prices and Treasury yields lend it support while a…
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Japan’s yen intervention hits record 15.4 trillion in a single month
Japan spent a record 15.4 trillion yen on foreign exchange intervention last month, roughly $100 billion in weeks, to slow…
Eurozone Sentiment Index Jumps to 98.4 in August, Beating Forecasts
The eurozone's economic sentiment index jumped to 98.4 in August, beating forecasts and moving closer to its long-term average. Services…
USD/JPY nears 160.50 as traders await Fed Chair Warsh’s Jackson Hole speech
USD/JPY is erasing its intervention-driven losses and closing in on the 160.50 resistance zone. Traders are now waiting on Fed…
France’s Inflation Accelerates to 2.7% in August on Energy Costs
France's harmonized inflation rate rose to 2.7% year-on-year in August, up from 2.4% in July, according to preliminary INSEE data….
