By Peter Nurse Investing.com - The dollar edged lower in early European trade Friday, but trading ranges have been tight as traders attempt to weigh up the conflicting forces of a continued economic recovery with heightened tensions over China’s move to tighten control over Hong Kong.
EURJPY Price Analysis – May 29 In case the current daily bullish candle closes above the supply level of $119, then, an increase in the EURJPY price may be unhindered to $120 and $121 price level. When the bears defend the supply level of $119, the price may reverse to face the demand levels […]
(Bloomberg) -- Federal Reserve Bank of Cleveland President Loretta Mester said she doesn’t think the central bank is close to a decision on targeting Treasury yields, a policy known as yield-curve control. “No decisions have been made on that at all,” Mester said Friday in an interview with Michael McKee and Jonathan Ferro (NYSE:FOE) on Bloomberg Television. “I don’t think of that as something that would be in this phase of what we’re doing, to make sure the markets continue to function. ...
By Gina Lee Investing.com – The dollar ended the week on a high note on Friday, with investors turning to the safe-haven dollar as simmering U.S.-China tensions flared up. The greenback was boosted by reports on Thursday that China was planning controversial national security laws for Hong Kong in the aftermath of pro-democracy protests in the city in the second half of 2019.
(Bloomberg) -- Two of Europe’s most cash-strapped countries are stepping up bond sales to fund the surge in spending needed to shore up their pandemic-battered economies.
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