Investors await Italian bond sale as Yen holds on
The yen held onto its edge against its major counterparts in Asian trading on Wednesday as investors...
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Bernanke has urged U.S. Congress to avert the new spending cuts set to begin Friday
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USD/JPY Moves Back to Near 92
This week’s sharp rebound in the yen suggests the currency’s steep downtrend that began ...
S&P: Australian foreign debt a worry, but rating is safe
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NZD/USD – Unfazed by worsening Trade Balance
New Zealand latest Trade Balance data worsened, with Exports falling from 4.10B to 3.35B, amidst exp...
Asian shares generally rise on Wednesday, as Bernanke reassured markets with a commitment to continue with policy stimulus
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AUD/JPY Technicals – 93.50 broken but Bernanke Saves the Day
US Stock Market rebounded from Monday’s lows after FED’s Bernanke reiterated on his conv...
Fear Factor VIX climbing down
As the CBOE Volatility Index pulled back Tuesday after a spike in the prior session, exchange-traded...
Savings from Sequester Could Be Eroded by Legal Compensation
Without a deal in place yet to avoid Friday’s sequester — the start of mandatory cuts in def...
India Trying to Creat Room for Further Rates Cut
India’s government may curb spending growth in the budget tomorrow to pare the widest fiscal defic...
New home sales in U.S. highest since 2008, but inventory lags
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Bernanke: My inflation record at the Fed is one of the best
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Canadian Dollar Weakens to Lowest Since June
The Canadian dollar declined to the weakest level since June versus its U.S. counterpart as concern ...
Italy Sells Bonds Amid Poll Uncertainty
The euro traded 0.3 percent from a seven-week low against the dollar before Italy sells bonds today ...
Bernanke Downplays Risk of QE
Last week, the Federal Reserve’s quantitative easing was about to undergo some quantitative adjust...
EURUSD settles around 1.3060, AUDUSD eases back to 1.0230, GBPUSD drifts to 1.5130, USDJPY moves to 92, gold at 1613
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GBP/USD – Pound Unsteady as Markets Cast Nervous Eye on Italy
The British pound continues to show some fluctuation against the US dollar, as the markets digest th...
AUD/USD – Under Pressure As Italy Faces Deadlock
AUD/USD is showing some volatility in Tuesday trading, as the pair struggles to remain above the 1.0...
Spanish Minister Worries About Italian Election Effects
Spain said it was extremely worried about the impact of Italy’s deadlocked election result, wa...
Draghi Euro Defense Led to Italian Leadership Vacuum
ECB President Mario Draghi avoided a financial contagion last year, promising to do “whatever ...