U.S. Dollar Enjoys Durable Goods Orders Gaining
The dollar strengthened to a seven-week high after a report showed U.S. orders for durable goods une...
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USD/INR up to 58.90 on Importers’ Dollar Demand
India’s rupee fell to a two-week low on speculation companies stepped up dollar purchases to meet ...
RBI is Flooding the Financial System with Cash
India’s move to rein in rupee gains and rebuild foreign-exchange reserves is flooding the financia...
USD/JPY at 102 as BOJ Easing Seen Unavoidable
The yen is set to snap this month’s advance against its Group of 10 peers, trading patterns sugges...
EUR/USD down at 1.3630 Amid ECB Speculation
The euro headed for its biggest monthly decline in four months amid speculation the European Central...
HIA Index: AU housing affordability is the best it’s been in 12 years thanks to low interest rates and easing home price rises
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Brent Oil at $110.50 on U.S. Data
Brent futures rose on Wednesday, holding above $110 a barrel on renewed optimism over steady demand ...
India Needs to Lift Capital Spending to Revive Economy
A Columbia University professor, tipped to be an economic adviser to India’s new prime ministe...
China’s Industrial Profits up in April
Profits earned by Chinese industrial firms rose 9.6 percent in April to 468.6 billion yuan ($75 bill...
U.S. Dollar Near Eight Week High on Upbeat U.S. Data
The U.S. dollar held steady near an eight-week peak against a basket of major currencies on Wednesda...
Asian Equities Higher on U.S. Economic Data
Asian stock markets rose on Wednesday following another record high for the S&P 500 index overn...
Gold at Four Month Low Near $1260
Gold fell to a fresh 3-1/2 month low on Wednesday, adding to sharp overnight losses, on fears slowin...
EURUSD steadies at 1.3635, AUDUSD drops to 0.9250, GBPUSD drops to 1.6810, USDJPY at 101.95, gold drops sharply to 1264
Content is for general information purposes only. It is not investment advice or a solution to buy o...
GBP/USD Falls as Indicators Boost USD While Carney Scolds Banks
Trading was back in full force after the United States Memorial Day and United Kingdom Spring Bank H...
US House Prices Slow Down Due to Lower Demand
US housing price growth slowed to just 0.2% in the first three months of 2014, latest figures show. ...
GBP/USD – Pound Loses Ground On Mixed US Data
GBP/USD has lost ground on Tuesday, as the pair trades at the 1.68 line in the North American sess...
USD/CAD – Loonie Firm As US Manufacturing Numbers Slide
The Canadian dollar has edged upwards on Tuesday, as USD/CAD trades in the mid-1.08 range early in t...
IMF Warns Spain Needs Monetary Easing to Support Growth
The International Monetary Fund said Tuesday that Spain’s economic recovery is likely to conti...
USD/CAD Rises to 1.0848 on Mixed Commodities Trading
The Canadian dollar was higher Tuesday as traders considered a heavy slate of economic data. The loo...
Japan’s Net External Assets Reach Record High
The net external asset balance held by Japanese institutions, including the central government and c...