Category Archives: News

European Markets Continue to Drop

European stock markets moved lower on Tuesday for the third straight day, as investors remained cautious before the closely watched U.S. nonfarm-payrolls report at the end of the week, which could affect the decision by the Federal Reserve whether or n… Continue reading

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Chinese PMI Lifts Aussie and Kiwi Higher

As the last month of the trading year began, an unexpected but welcome reading of China’s PMI data has helped to give commodity linked currencies a significant boost during the Asian trading session. Continue reading

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Chinese PMI Lifts Aussie and Kiwi Higher

As the last month of the trading year began, an unexpected but welcome reading of China’s PMI data has helped to give commodity linked currencies a significant boost during the Asian trading session. Continue reading

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Data Fails to Support Yen

The Japanese Yen remained close to a 6-month trough against the greenback and a 4-year low versus the common currency Euro as investors favored the low yielding albeit safe haven currency as the carry trade for higher risk asset purchases. Continue reading

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Data Fails to Support Yen

The Japanese Yen remained close to a 6-month trough against the greenback and a 4-year low versus the common currency Euro as investors favored the low yielding albeit safe haven currency as the carry trade for higher risk asset purchases. Continue reading

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Yen Hits Lows Against Euro and Greenback

The Japanese Yen struck new lows versus its major rivals, the U.S. Dollar and the common currency Euro during the Asian trading session and is poised to record the worst single month’s performance during this year. Continue reading

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Yen Hits Lows Against Euro and Greenback

The Japanese Yen struck new lows versus its major rivals, the U.S. Dollar and the common currency Euro during the Asian trading session and is poised to record the worst single month’s performance during this year. Continue reading

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Data and Thin Trade Weighs on Greenback

The Dollar fell to a near 1-month trough versus the common currency Euro following the release of new economic data from the U.S. which only added to the uncertainty revolving around the Federal Reserve Bank’s decision to withdraw or scale back its quantitative easing scheme. Continue reading

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Data and Thin Trade Weighs on Greenback

The Dollar fell to a near 1-month trough versus the common currency Euro following the release of new economic data from the U.S. which only added to the uncertainty revolving around the Federal Reserve Bank’s decision to withdraw or scale back its quantitative easing scheme. Continue reading

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ECB Comments Pares Recent Euro Gains

The Euro slipped from a recently struck 4-year peak versus the Japanese Yen following comments made by an official of the European Central Bank which effectively tanked the common currency. Continue reading

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