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Japanese yen climbs to 4-week high against dollar
During early Asian deals on Monday, the Japanese yen climbed to a 4-week high against the US dollar and new multi-day highs against the British pound and the European currency as investors turned cautious amid concerns over the possible damage th
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Spain's Jobless Rate Jumps In Q1
The number of unemployed persons in Spain increased by 802,800 to 4.01 million in the first quarter from the previous quarter, the National Institute of Statistics said Friday.
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Dollar slips ahead of G7, G20 gatherings
The U.S. dollar lost ground versus major rivals Friday as finance ministers and central bankers from the world's most powerful economies gathered in Washington.
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Euro hits 1-wk high vs dlr on Ifo improvement
The euro jumped to its highest level in a week against the dollar on Friday after a better-than-expected German business confidence survey fanned hopes that the worst may be over for the euro zone economy.
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Dollar Plummets To New Multi-day Lows Against Euro And Franc
In early European deals on Friday, the US dollar extended its Asian session's downtrend against the currencies of Europe and Switzerland.
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Pound Ticks Down Amid UK GDP And Retail Sales Reports
Following the releases of the UK GDP and retail sales reports, the pound weakened against its major counterparts. As of now, the pound is worth 1.4639 against the dollar, 0.9066 per euro, 142.10 against the yen and 1.6678 against the franc.
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Euro gains vs dollar on Ifo survey; yen climbs
The euro rose against the dollar on Friday as a key survey of German business confidence gave evidence of a tentative improvement in the euro zone economy.
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UK economy slumped by 1.9pc in first three months of 2009
The decline in gross domestic product was sharper than the 1.6pc seen in the final three months of 2008, when Britain officially entered recession. Economists had expected expected a fall of 1.5pc.
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Daily FX Trade Update: GBP/USD
Good performed of GBP, raised more than 200 pips. Today (06:30 Singapore Time) GBP opened at 1.4712 within the uptrend channel. It trades below opening price
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Daily FX Trade Update: EUR/USD
Good afternoon… EUR has been closed above OP for 3 days. Today (06:30 Singapore Time) EUR opened at 1.3132 within the uptrend channel. It trades above opening price
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Dollar's Strength Set to Determine Oil Prices Today
Whilst the Dollar declined in yesterday's trading against most of its major currency pairs, Oil prices recorded considerable gains. Thus lately, there has been an inverse relationship between the greenback and the black gold. Therefore it is impo
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Daily FX Trade Update: USD/JPY
Good afternoon… Today (06:30 Singapore Time) JPY opened at 97.860 within the downtrend channel. It trades below opening price


