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Gold (XAU/USD) struggles to capitalize on a modest weekly bullish gap opening and remains below the $4,100 mark heading into the European session. The US Dollar (USD) stages a modest recovery from its lowest level since June 17, which, in turn, is seen capping the upside for the commodity.
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Japan and the United States intervened in currency markets to address yen volatility. This joint action followed a September 2025 finance ministers' statement.
Japan and the US Treasury Department are now working together to a degree unseen in decades to shore up the currency. Bloomberg Intelligence's Stephen Chiu explains. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Sydney with Haidi Stroud-Watts and Paul Allen, getting…
Foreign investors net bought bonds under the fully accessible route worth almost $4 billion since the start of June
Prolonged rains have hit dragon fruit output and doubled farm-gate prices since May to VND15,000 (US$0.57) per kilogram.
The US and Japan have jointly intervened to support the yen after it hit a four-decade low. Discover how this action aims to stabilize the beleaguered curr Read More…