Author: Admin

Japan’s Finance Minister Satsuki Katayama said on Tuesday that she will continue to closely coordinate with US authorities as needed, based on a joint Japan and US statement issued in September last year, and respond appropriately.Key quotesWill not comment on no foreign exchange intervention conducted. Prime Minister Takaichi discussed forex benefits as general fact. Prime Minister Takaichi did not emphasize benefits of weak yen. Will not comment on specific forex levels. We will continue to closely coordinate with U.S. authorities as needed, based on a joint Japan and United States statement issued in September last year, and respond appropriately. Regularly coordinate with United States authorities at various levels. Takaichi…

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Read on to learn how the purity of your precious metals impactl le s the money you get in our all-inclusive gold valuation guide. If you’ve never sold gold in Australia before, it can feel confusing. Two people can walk into a gold buyer in Brisbane with items that look nearly identical and then walk out with very different offers. That usually raises one big question: why? Gold purity determines the value of your gold. Gold purity simply explains how much real gold is actually inside your jewellery, coins, or bars. While something may look heavy or valuable, only its…

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Gold Is Rising, Bitcoin Is Falling   Gold Price Today For anyone actively trading or following global markets, one divergence should have been impossible to ignore: precious metals are surging while Bitcoin and the broader crypto market are moving in the opposite direction. Gold has pushed to new record highs, while Bitcoin , long marketed as the “face of crypto,” has stalled, corrected, and underperformed. This divergence challenges one of the most persistent narratives in modern finance: Bitcoin as digital gold. The Old Crypto Story Is No Longer Holding Up For years, Bitcoin and cryptocurrencies were promoted as: Digital gold…

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The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be preparing to work with Japan on the Japanes Yen’s (JPY) weakness. The news triggered a sharp US Dollar (USD) sell-off at the beginning of the week.Mid-week, the Fed had its monetary policy meeting. The central bank held its target range for the federal funds rate unchanged at 3.50%-3.75%, as expected. Chairman Jerome Powell’s press conference was focused on politics, Powell’s future, and the subpoena, topics he declined to…

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Highlights include policy announcements from the ECB, BoE, RBA, RBI, Banxico, US & Canada jobs data, EZ flash inflation, PMI data, OPEC meeting, ISM, Treasury QRA   Treasury Yield Curve SUN: OPEC+ to hold a ministerial meeting. MON: BoJ SOO (Jan); Final Manufacturing PMIs (Jan); German Retail Sales (Dec); US ISM Manufacturing PMI (Jan); Treasury Financing Estimates. TUE: RBA Announcement/SOMP; CBRT Inflation (Jan); French Prelim. CPI (Jan); US JOLTS (Dec)US JOLTS (Dec); RCM/TIPP (Feb); New Zealand Unemployment (Q4). WED: Riksbank Minutes (Jan); China PMIs (Jan); Final Composite/Services PMIs (Jan); EZ Flash HICP (Jan); US ADP (Jan); Treasury Quarterly Refunding Announcement;…

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EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the Federal Reserve and an inflation report that warrants steady rates by the Federal Reserve. At the time of writing, the pair traded at 1.1882 down from daily highs of 1.1974.Euro sinks below 1.19 as hawkish Fed leadership signals and sticky inflation crush rate-cut hopesKevin Warsh is Trump’s election to be the next Fed Chairman of the Federal Reserve, confirming rumors that leaked late on Thursday. The financial markets sent precious metals tumbling, while…

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