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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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