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AUD Falls on Confidence Data; N.Z. Currency Gains

posted by Avatar annie 1201 days ago in AUD, NZD

The Australian dollar fell from a one-month high against the U.S. currency after an industry report showed business confidence dropped to a record low last month. New Zealand’s dollar advanced. read more
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Dollar down, gold down in European morning trading

posted by Avatar annie 1202 days ago in USD, Gold, Trading Psychology

The U.S. dollar was down against other currencies in European trading Monday. Gold also fell. read more
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Oil prices pull back from steep fall

posted by Avatar annie 1204 days ago in Oil, GDP

OIL prices recovered from a steep sell-off on worries of a deepening US recession, closing US97 cents lower at $US40.20 a barrel. read more
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AUD Grows on Possible Rate Bottom

posted by Avatar annie 1206 days ago in AUD

The Australian dollar is currently heading for a first weekly gain against the U.S. dollar this year as the traders believe that the bottom in the interest rates is near and the country’s economy will begin recovering soon with the help of the go read more
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NZ Dollar lifts on positive employment data

posted by Avatar annie 1207 days ago in NZD, Employment made popular 1207 days ago

The New Zealand dollar put in a firm performance on the last day before a holiday weekend after employment data didn't scare investors too much. read more
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U.S. jobless rate to rise even with stimulus

posted by Avatar annie 1207 days ago in USD, Employment made popular 1207 days ago

It is too late to prevent another significant rise in the U.S. unemployment rate even with an economic stimulus package, Joel Prakken, chairman of Macroeconomic Advisers, said on Wednesday. read more
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Dollar lower as equities gain

posted by Avatar annie 1208 days ago in USD

The U.S. dollar fell versus some of its major counterparts Tuesday as equity markets pointed higher, indicating more willingness among investors to buy riskier, higher-yielding assets. read more
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Copper reverses losses on Euro data, inventories

posted by Avatar annie 1209 days ago in Metals, Manufacturing

Copper reversed earlier losses on Monday after inventories on the London Metal Exchange dipped and as a survey showed Euro zone manufacturing business shrank at a slightly slower pace. read more
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Dollar Keeps Gains Despite GDP Data

posted by Avatar annie 1212 days ago in USD, GDP

The dollar held on to overnight gains against the euro Friday morning despite the release of weak fourth-quarter U.S. gross domestic product data. read more
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U.S. Advanced Q4 GDP; Canadian November GDP

posted by Avatar annie 1212 days ago in USD, CAD, GDP

There are some key data releases on Friday, including a first look at U.S. fourth quarter GDP, the main highlight of the day. That will be followed by the ISM Chicago manufacturing index. In Canada, all eyes will be on the release of November's G read more