posted by
traderplanet
245 days ago
in USD, Technical, Daily
The Euro weakened in early Europe on Wednesday with a Standard & Poor’s warning over the risk of further credit-rating downgrades within the Euro-zone pushing the currency to a low near 1.43 against the dollar.
posted by
odell
746 days ago
in AUD, Inflation
Australian banks have no excuse to hold borrowing costs steady should the nation's central bank cut official interest rates this year, Treasurer Wayne Swan said.
posted by
marybrian
66 days ago
in USD, NZD
The New Zealand dollar touched a six-week high above 71.50 U.S. cents as the local economic recovery attracts support from investors, amid downbeat American data.
posted by
vhinz316
205 days ago
in USD, Gold, Trade
Gold futures gained more than 1% on Monday, as soothed nerves over European debt woes pressured the dollar, lifting gold's appeal as a hedge. Gold for April delivery rose $13.40, or 1.3%, to finish at $1,066.20 an ounce at the New York Mercantile
posted by
kimclaud
143 days ago
in CAD, Weekly
The Canadian dollar ended the week up 0.8% against the US dollar helped higher by firm energy prices and broad USD weakness Friday on news of an EU agreement on terms for loans to Greece.
posted by
megumi
118 days ago
in USD, Gold
The sharp sell off on Wall Street and with equities internationally saw gold decouple and surge in all currencies yesterday. Oil, commodities and bonds also fell sharply in incredibly volatile trading.
posted by
mountaindewd
91 days ago
in USD, JPY, Daily
USD traded in a narrow range Tuesday against most of the major currencies with the main focus on a sharp decline in the JPY and a strong rally in the CAD. JPY traded lower pressured by news that Japan's PM Hatoyama has resigned.
posted by
fx360
87 days ago
in USD, EUR, Daily
The euro is trading well above its overnight low of 1.1877, but its price action this morning indicates that investors are disappointed by the G20. The G20 meeting this weekend was a complete dud because policymakers failed to use the opportunit
posted by
Buck
408 days ago
in USD, Metals
Base metals on the London Metal Exchange pared back some of their Monday morning gains after copper and aluminum hit new highs for 2009 due to technical buying and U.S. dollar weakness.
posted by
Nica
203 days ago
in USD, EUR, Inflation
Federal Reserve Chairman Ben Bernanke on Wednesday detailed how the U.S. central bank will begin to wean the economy off its extraordinary stimulus, even as he stressed it was not yet time to do so.
posted by
fx360
378 days ago
in USD, Employment
US jobless claims rose unexpectedly for the week of August 8th climbing to 576K from 559K projected. Continuing claims also increased from 6202K the period prior to 6241K in the current week. This was the worst reading in weekly joblessness in ne
posted by
neorix
333 days ago
in GBP
The UK is the country "most susceptible" to having its economic recovery derailed by a credit shortage. That was the verdict of last week's Global Financial Stability Report from the International Monetary Fund (IMF).