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EUR/USD on the mend; equities, oil rebound
Traders remain reluctant to short-EUR/USD anywhere close to the 1.49 area as central bank demand from the likes of Russia just below that level portend limited profit opportunities. One stock index futures and oil futures arrested their earlier d
11 votes
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CAD opened at 94.77 cents US, down 0.40 of a cent
The Canadian dollar opened at 94.77 cents US, down 0.40 of a cent fom Tuesday's close.
14 votes
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New Zealand Dollar High on Rates Increase Talks
The New Zealand dollar had a good performance today gaining versus the dollar and the yen after government officials did not relate a strong kiwi with eventual delays in interest rate hikes, adding speculations that the South Pacific country is o
10 votes
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USD/JPY offers 91.20/30; stops above 91.50
USD/JPY is underpinned this morning on several fronts. The dollar is somewhat firmer across the board (save for the pound) while the JPY is being sold against the surging pound as well. GBP/JPY broke through the important 150 level and has rallie
9 votes
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Gold Declines in London Trading, Reversing Earlier Advance
Gold for immediate delivery fell 0.4 percent to $1,050.90 an ounce in London, reversing an earlier advance of as much as 0.5 percent.
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Meanwhile, the dollar makes a comeback
Most focus has been on the pound thus far this morning, but don’t look now: here come the dollar. Looks like a bout of risk aversion is underway as US equity futures dip to session lows and oil slips nearly a buck and a half.
12 votes
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What is next for the GBPCHF?
What is next for the GBPCHF?
12 votes
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U.K. Pound Extends Gains Against Euro, Dollar
The pound extended its gains against the euro and the dollar after Bank of England policy makers maintained consensus on the size of their bond-purchase plan this month.
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Dollar, stocks, oil all fall
Recent trading patterns broke at least temporarily on Wednesday with both the dollar and world stocks slipping, the latter weakened particularly by falling emerging markets.
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Sterling rallies, gilts fall after BoE minutes
Sterling hit a one-month high against the dollar and the euro and gilts extended losses on Thursday after Bank of England policy minutes were seen as less negative than some recent statements from policymakers.
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Gold May Advance in London, NY Trading as Dollar Weakens
Gold, little changed today in London and New York, may advance as a weaker dollar spurs demand from investors seeking to hedge against further declines in the currency.
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Dollar resumes fall on low rates view; kiwi shines
The dollar edged lower against the euro and higher-yielding currencies on Wednesday as a brief recovery from a 14-month low versus a currency basket fizzled out, helped by equity market gains which encouraged risk-taking.


