USD/TWD Falls to Near 3-Week Low.
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- November
NZ’s FinMin English: NZ economy is performing at moderate levels. Printing money would put economy at risk.
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Top Forex Stories November 6th
American elections are still ongoing and the USD has been on retreat versus major currency pairs as ...
SA Gets Mandela Banknotes
The first banknotes featuring the face of Nelson Mandela have gone into circulation in South Africa....
BoC buys back $1-yard of Bonds at this mornings Operation; March & Nov 1, 2013’s
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An Obama win would give us a continuation of the status quo; higher equities and a weaker dollar policy
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EUR is attempting to grind higher as risk sentiment improves-weak s/l remain topside
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A Romney win could give the Loonie a boost; $ has been bid since NFP
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What if there is no winner this evening? Market will look @ SEK-highly correlated with equity prices
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US 3-year auction not ‘well received’-yield @+0.392%-highest since April
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US FI traders worried that without a clear winner today, treasury supply (10’s & 30’s) will steepen curve
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Sweden worried of ECB’s influence; some members are non-voters and will have no say
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Swedish Finance Committee Criticizes EU’s Banking Proposal
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Fitch says Aussie Banks Face Earnings Pressure
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EU Forecasts Spanish Recovery until 2014
Spanish media are reporting that the European Commission will make public their economic forecast fo...
Suzuki to Abandon US Car Market due to Strong Yen
Suzuki Motor Corp. said Tuesday it will terminate car sales in the United States, withdrawing from t...
China to Cut Domestic Oil Prices
Analysts believe China may cut prices for refined oil products on Friday amid global oil price drops...
China to Focus on New Economic Pillars
Chinese people born in the 1980s were taught that China’s pillar industries are in the auto, c...
China Considers Democratic Reforms
China’s outgoing leader and his likely successor are pushing the ruling Communist Party to ado...
Greece Facing Cliff Hanger Vote
Greece headed for a cliffhanger vote on austerity measures needed to keep the bailout on track as a ...