Asian Stocks Mixed on Middle East Fears | 3/27/2015 3:36:49 PM
Asian stocks were mixed on Friday as rising tensions in the Middle East obscured the investment outlook, while the dollar rebounded.
Safe Haven Appeal Grows on Yemen Tension | 3/26/2015 2:07:28 PM
A growing crisis in Yemen has fueled concerns that the Middle East is on the verge of becoming a powder keg for geopolitical tensions which has sent investors rushing to safe haven currencies like the Japanese Yen and the Swiss Franc.
Air Strikes in Yemen Lift Oil Prices | 3/26/2015 8:43:00 AM
Brent crude oil price surged $3 in Asian trading on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen. Asian importers, however, said they were not immediately worried about supply disruptions.
German IFO Gives Euro a Boost | 3/26/2015 3:28:47 AM
The ECB’s quantitative easing program, which had initially kept the pressure on the Euro, seems to have provided a lift in sentiment among the Eurozone’s business community.
Greece Scrambles Towards Deadline | 3/25/2015 8:47:19 AM
Greece risks running out of cash by April 20 unless it secures fresh aid, a source familiar with the matter said on Tuesday, leaving the country little time to convince skeptical creditors it is committed to economic reform.
Euro Boosted by Euro Area PMI Releases | 3/25/2015 4:17:17 AM
An unexpected but positive surprise from preliminary PMI releases in the Eurozone helped to provide a lift to the common currency Euro versus the US Dollar which has been under some pressure as the debate on the timing of a Federal Reserve interest rate hike continues to grow.
Asian Shares Erase Gains on China PMI | 3/24/2015 8:20:14 AM
An index of Asian shares erased its early gains on Tuesday after a measure of Chinese factory activity unexpectedly skidded to an 11-month low.
Tsipras to Meet Merkel; Greece in EU | 3/23/2015 8:46:26 AM
Greek Prime Minister Alexis Tsipras will meet with German Chancellor Angela Merkel on Monday, for the second time in five days, at the start of a week that may prove decisive for Greece’s future in the euro area.
Weekly Economic & Political Timeline | 3/22/2015 1:51:07 PM
It should be a relatively quiet news week for the important global currencies, with little scheduled for any currency except the U.S. Dollar, which can be expected to remain in focus. The Japanese Yen, Swiss Franc and Australian Dollar have no high-impact events scheduled this week at all.
Oil Jumps on Weaker Dollar | 3/22/2015 1:39:57 PM
Oil prices jumped on Friday, snapping a 4-weeks losing streak, as the dollar fell on interest-rate uncertainty, lifting demand for dollar-denominated commodities from holders of other currencies.
Dollar Remains Strong After Fed Moves | 3/20/2015 8:31:03 AM
The U.S. dollar may have weakened somewhat on Wednesday after Fed Chair Janet Yellen's more-dovish-than-expected comments tempered expectations for a rate hike as early as June.
Dollar Recovers Following Fed Surprise | 3/19/2015 10:58:00 AM
The Dollar recovered most of yesterday’s losses after recording the largest single session’s decline in nearly 18 months after the Federal Reserve Bank surprised FX investors with a much more cautionary tone than had been expected.
Fed Moves Towards Interest Hike | 3/19/2015 8:01:25 AM
The long awaited Federal Reserve meeting wound down on Wednesday after taking a mere baby step towards hiking interest rates for the first time since 2006.
FX Traders Anxiously Await Fed Statement | 3/18/2015 10:32:32 AM
FX traders appear to be of a single mind and that is that the Federal Reserve Bank will finally lose “patience”
Markets Await Fed Call | 3/18/2015 8:21:52 AM
Asian stocks were mixed and the dollar marked time on Wednesday, with markets waiting for the U.S. Federal Reserve's policy statement due later in the session for clues to when the Fed will hike interest rates.