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
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
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
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
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
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
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
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
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
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
