Japan’s Abe adviser calls for MOF to intervene in FX

Japanese PM Abe’s adviser Hamada is urging Ministry of Finance (MOF) to intervene in the FX markets says a Reuters report.

Dollar-Yen pair flirted with 100.00 levels for a week or so before jumping to 102.00 levels on Friday following Yellen’s hawkish comments.

Aug 30, 2016

EUR/USD succumbs to pressure of rising treasury yields

Bid tone around USD gathered pace following a rise in treasury yields, courtesy of which Monday’s rebound proved to be short lived. EUR/USD is now tra

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Aug 30, 2016

Central bank purchases of gold dropped 40% on Q2 – WGC

As per the latest report from World Gold Council (WGC), central bank purchases of gold dropped 40% during the three months to June. It was the third-s

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