Category Archives: News
Tightening Fears Pressure EM Currencies
The Japanese Yen inched higher to a 7-week peak versus its key rival, the U.S. Dollar, following a sell off of currencies from emergent markets around the globe. Continue reading
Safe Havens Benefit from Disappointing Chinese Data
The Japanese Yen and Swiss Franc both firmed on Friday after an overnight surge of the safe haven currencies precipitated by growing concerns of a Chinese economic slowdown following the release of an unexpectedly weak factory output survey. Continue reading
Safe Havens Benefit from Disappointing Chinese Data
The Japanese Yen and Swiss Franc both firmed on Friday after an overnight surge of the safe haven currencies precipitated by growing concerns of a Chinese economic slowdown following the release of an unexpectedly weak factory output survey. Continue reading
Loonie Under Pressure on BOC Comments
The Canadian Dollar held close to a 4-year trough versus its North American counterpart, the U.S. Dollar, following comments made by officials at the Bank of Canada which seemed to suggest that monetary policy there is headed for a significant change. Continue reading
Loonie Under Pressure on BOC Comments
The Canadian Dollar held close to a 4-year trough versus its North American counterpart, the U.S. Dollar, following comments made by officials at the Bank of Canada which seemed to suggest that monetary policy there is headed for a significant change. Continue reading
China Rates Drop as Asian Stocks Rise
Asian stocks rose yesterday as the two-day Bank of Japan policy meeting came to an end. The yen fell against all but one of its 16 major peers after the Bank of Japan failed to signal additional stimulus. Continue reading
China Rates Drop as Asian Stocks Rise
Asian stocks rose yesterday as the two-day Bank of Japan policy meeting came to an end. The yen fell against all but one of its 16 major peers after the Bank of Japan failed to signal additional stimulus. Continue reading
FX Players Look for More Fed Tapering
Rising expectations that the Federal Reserve Bank is once again prepared to begin tapering its monthly bond purchases has helped to broadly support the greenback against its peers during Asian trading. Continue reading
FX Players Look for More Fed Tapering
Rising expectations that the Federal Reserve Bank is once again prepared to begin tapering its monthly bond purchases has helped to broadly support the greenback against its peers during Asian trading. Continue reading
Dollar Steadies in Light Asian Trade
The U.S. Dollar was broadly higher in the wake of unexpectedly strong economic data which appears to have convinced FX investors that the Federal Reserve Bank is likely to continue to taper as had been initially promised. Continue reading
