Ahead of ECB, Euro Under Heavy Pressure | 9/2/2014 3:43:00 PM
The pressure on the Euro appears relentless as speculation that the ECB is prepared to ease further continues to grow with the result that the Euro has now fallen to a new 1-year trough versus the U.S. Dollar.
Asian Stocks Slip; Euro Hits One-year Low | 9/2/2014 4:38:00 AM
Asian shares slipped on Tuesday while the euro hit a fresh one-year low on uncertainty over the European Central Bank's policy decision later this week.
Asian Shares Push Cautiously Higher | 9/1/2014 7:33:00 AM
Asian shares edged higher on Monday, with investors wary of a deepening crisis in Ukraine and a downbeat China manufacturing survey; the euro touched a fresh one-year low ahead of this week's European Central Bank meeting.
Asian Shares Slump as Ukraine Tensions Flare | 8/29/2014 1:52:00 PM
Asian stocks fell, with the regional benchmark index headed for its first monthly decline since April, led by materials and consumer shares. Friday’s slump followed flaring Ukraine tensions which spoiled investor risk appetite and bolstered the safe-haven yen.
Euro Traders Wary Ahead of CPI | 8/28/2014 2:45:00 PM
Ahead of today’s release of Germany CPI data and tomorrow’s inflation report for the Eurozone, the common currency managed to hold onto some modest gains against the greenback but investors multi-pronged concerns pushed the Euro lower.
Asian Shares Climb; Euro Hangs On to Gains | 8/28/2014 7:58:00 AM
Asian stocks crept up on Thursday following another steady performance by Wall Street shares which hovered near record highs, while the euro clung to modest gains after rebounding from 13-month lows.
ECB Easing Downplayed by German Minister | 8/27/2014 3:58:00 PM
Though Mario Draghi has been adding fuel to existing speculation that the ECB could shift to an even more accommodative stance, the Finance Minister of Germany, Wolfgang Schaeuble, has been downplaying just such a possibility, dismissing the ECB chief’s comments at the Jackson Hole central bankers’ symposium as “over-interpreted” by analysts.
Asian Stocks Climb on U.S. Confidence | 8/27/2014 7:34:00 AM
Asian stocks rose yesterday after U.S. data on durable goods and consumer confidence boosted optimism in the strength of the world’s largest economy.
Dollar Steadies as Euro Pressure Grows | 8/26/2014 2:28:00 PM
The U.S. Dollar remained steady during Tuesday trade in London while the Euro continued to under pressure as expectations grow that weak inflation data from the Eurozone, due to be released on Friday, will push the ECB into committing to additional stimulus.
Draghi Steals Show at Jackson Hole | 8/25/2014 12:24:00 PM
Though market players were waiting anxiously to hear what Janet Yellen, the head of the U.S. Federal Reserve Bank, had to say last Friday at the Jackson Hole symposium for central bankers, it was Mario Draghi of the ECB who brought the house down, and the Euro along with it.
Trading during August 2014 Holiday | 8/24/2014 12:47:00 PM
August 25, 2014 is a public holiday in the UK. Learn what this means for your trading here.
Escalation of Tensions in Ukraine Drive Safe Haven Flight | 8/22/2014 3:22:00 PM
Geopolitics between Russia and Ukraine reared its head once again and pushed investors toward safe haven currencies like the Swiss Franc and the Japanese Yen, which both rose versus the common currency Euro.
Dollar Fundamentals to Draw FX Focus | 8/21/2014 2:21:00 PM
A hawkish sounding U.S. Federal Reserve helped to lift the U.S. Dollar Index, however unexpectedly strong German data boosted the Euro from a recent 11-month trough.
Asia Shares Slip as China Manufacturing Disappoint | 8/21/2014 8:50:00 AM
Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news from Japan.
BHP Billiton Drags Asian Stocks Lower | 8/20/2014 4:57:00 AM
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge.