The Fed sparks a strong sell-off in Asian stock markets on Thursday
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What does Japan want? Japan FinMin Aso says a sharp rise in import prices would be a big problem.
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Fed Signals Possible Slowing of QE
The Federal Reserve signaled it may consider slowing the pace of asset purchases as officials extend...
EUR/JPY – German PMI Disappointment Drives Breakout
On a day where market is still feeling the sting following FOMC meeting minutes, Germany PMI did bul...
Singapore to enter Asian Space Industry
Singapore is making a major push to develop the local space industry. Minister in the Prime Minister...
Australia’s S&P/ASX 200 index has closed down 2.3 per cent on Thursday, in its biggest fall since May 18
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Dollar Index Touches Three-Month High
The Dollar Index (DXY) rose to a three- month high before the release of U.S. leading indicators and...
Merkel Suggests EURUSD’s Present Value is within Normal Range
German Chancellor Angela Merkel dismissed attempts to manipulate exchange rates, saying the present ...
FOMC Minutes Have Far Reaching Impact
The dollar gained versus the majority of its 16 most-traded peers after minutes from the Federal Res...
GBP/USD Falls to 18 Month Low After BOE Minutes
The pound slumped to a 15-month low against the euro after Bank of England minutes showed more offic...
Less Foreign Labor potentially bringing up cost for Singapore Firms
Singapore will probably force companies to further reduce their reliance on foreign labor in the 201...
GBP trading lower before Europe open with new lows against CHF, TRY and NZD
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PBOC send tightening signals as China stocks collapse
China’s shares slid nearly 3 percent on Thursday on concerns that recent central bank behavior...
FOMC Minutes: United We Stand, Divided We Fall
This phrase has been used very often as a teaching tool for kids to understand the importance of sta...
US OIL Technicals – Hitting Daily Kumo on news
Crude oil traded sharply lower during midday US trade when large offers emerged, fostering rumors ab...
EURUSD falls heavily down to 1.3280, AUDUSD likewise to 1.0240, GBPUSD falls to 1.5230, USDJPY moves to 93.70, gold at 1558
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RBA sold A$393M in spot FX in Jan 2013
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US Stocks Falls Most Since Nov on FOMC Minutes
U.S. stocks fell from five-year highs, giving the Standard & Poor’s 500 Index its biggest decl...
Buying Houses in China to be more difficult as China aims to curb speculation
Chinese Premier Wen Jiabao called on local authorities to “decisively” curb real estate speculat...
USD/CAD – Loonie Retreats after Weak Canadian Numbers
USD/CAD continues to move upwards, as the pair trades in the mid-1.01 level. These are the highest l...