Category Archives: News
Greenback’s String of Declines
In Asian trading the U.S. Dollar is poised to record a straight week’s worth of declines while the Index held near to a 7-week trough following the recent release of unexpectedly strong economic data from China which gave investors a reason to seek out higher yielding currencies. Continue reading
Greenback’s String of Declines
In Asian trading the U.S. Dollar is poised to record a straight week’s worth of declines while the Index held near to a 7-week trough following the recent release of unexpectedly strong economic data from China which gave investors a reason to seek out higher yielding currencies. Continue reading
Chinese Data & Labor Drives Aussie
Economic data releases from the Pacific Rim, which included July labor data from Australia as well as trade data from China, had already been putting some pressure on the Aussie Dollar ahead of the news releases. Continue reading
Chinese Data & Labor Drives Aussie
Economic data releases from the Pacific Rim, which included July labor data from Australia as well as trade data from China, had already been putting some pressure on the Aussie Dollar ahead of the news releases. Continue reading
Dollar Broadly Lower in Asian Trade
The U.S. Dollar edged lower against the Japanese Yen during thin trading in Asia and market players are anxious to see whether the Nikkei’s recent decline will continue and help to give the Japanese currency another boost. Continue reading
Dollar Broadly Lower in Asian Trade
The U.S. Dollar edged lower against the Japanese Yen during thin trading in Asia and market players are anxious to see whether the Nikkei’s recent decline will continue and help to give the Japanese currency another boost. Continue reading
Pound Higher On Positive Economic Data
The Pound Sterling continued to hold in positive territory following the release of a survey which suggested that the U.K’s economy is finally on the road to recovery. Continue reading
Pound Higher On Positive Economic Data
The Pound Sterling continued to hold in positive territory following the release of a survey which suggested that the U.K’s economy is finally on the road to recovery. Continue reading
Kiwi Slides Hard on Dairy Contamination Scare
The New Zealand Dollar lost almost 200 pips against its U.S. counterpart during the early Asian session after investors learned that the potentially fatal botulism bacteria was found in some products exported by the country’s largest dairy producer, Fonterra. Continue reading
Kiwi Slides Hard on Dairy Contamination Scare
The New Zealand Dollar lost almost 200 pips against its U.S. counterpart during the early Asian session after investors learned that the potentially fatal botulism bacteria was found in some products exported by the country’s largest dairy producer, Fonterra. Continue reading
