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.
Housing Sector Reading Lifts Dollar Sentiment | 8/19/2014 2:58:00 AM
The U.S. Dollar firmed in Asian trade after it was reported that a keenly watched U.S. housing index improved for the third consecutive month, rising to a 7-month peak; according to the jointly issued report from Wells Fargo Bank and the NAHB, the reading improved to 55 this month from July’s 53, beating analysts’ expectations.
Sterling Sentiment Improves on Carney Comments | 8/18/2014 4:29:00 AM
After last week’s considerable rout in the wake of the bombshell dropped by the Bank of England last week which indicated in its policy statement that it was postponing what otherwise appeared to be an imminent rate hike in order to wait for wage growth to improve.
Euro Holds Its Own Despite Dismal Data | 8/15/2014 10:45:00 AM
Despite a disappointment in GDP numbers for the Eurozone, as well as its economic drivers, i.e. Germany, France and Italy, FX traders shrugged off the news which allowed the common currency to steady early in Asian trade.
Euro Regroups after German Data Disappoints | 8/13/2014 4:43:00 AM
The Euro suffered only a modest loss against the U.S. Dollar thanks to a rebound after a hard fall which came after the release of a key economic report from Germany showed that business sentiment once again deteriorated, now for the 7th straight month.
Asia Shares Extend Rally as Geopolitics Ease | 8/12/2014 7:55:00 AM
Asian bourses were mostly higher on Tuesday tracking Wall Street's overnight gains amid easing geopolitical jitters save for markets in China and India.
Euro Slide Continues on ECB Commentary | 8/8/2014 7:02:00 AM
The European Central Bank yesterday made its policy announcement and though the outcome had been expected as indicated by a recently conducted poll of analysts and experts, it was Mario Draghi’s cautious commentary afterwards which sent the Euro lower amid investors’ fears.
Dismal Data Sends Euro Broadly Lower | 8/7/2014 6:08:00 AM
Unexpectedly disappointing economic data in the Eurozone put a dent in investor sentiment which resulted in the Euro’s decline; investors also remain wary ahead of the ECB’s policy review and interest rate decision which is due tomorrow.
Upbeat U.S. Data Gives Greenback Lift | 8/6/2014 7:13:00 AM
An unexpected improvement in activity in the services sector helped to push the U.S. Dollar Index higher to an 11-month peak; that improvement has helped to increase speculation that third quarter economic growth will have also improved and likely be on track to finish the year on target.
USD Maintains Positive Momentum in Muted Trade | 8/5/2014 7:04:00 AM
Market trading was exceptionally subdued as investors await the policy announcements from several of the world’s major central banks, including the Reserve Bank of Australia, the Bank of Japan and the European Central Bank.
USD Trade Lackluster After NFP Disappointment | 8/4/2014 6:27:00 AM
Disappointing economic data from the U.S. on Friday resulted in the U.S. Dollar later suffering the largest single day’s decline in more than three weeks.
USD Rally in Question as NFP Looms | 8/1/2014 5:22:00 AM
FX traders are eagerly awaiting tomorrow’s release of the U.S. Labor Department’s non-farms payroll data for July to either confirm the Federal Reserve’s assertion that the all-important labor sector still has room for improvement.
USD Rally Ends as Fed Takes Dovish Bias | 7/31/2014 6:15:00 AM
The U.S. Dollar’s recent rally came to a halt despite unexpectedly upbeat GDP data after the Federal Reserve Bank signaled a dovish bias in its policy statement.