USD/JPY – Stable After Pushing Across 102
The Japanese yen is steady on Tuesday, as the pair trades above the 102 line. On the release front,...
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AUD/USD – Aussie Rebounds As RBA Maintains Rates
AUD/USD has improved on Tuesday, as the pair has recouped most of the losses incurred on Monday. In...
EUR: Sell The Mystery, Buy The History
One day down from a heavy week of expected hard-hitting data and rate decisions, the forex market co...
Gold Rangebound After Positive US Manufacturing Numbers
Gold prices are almost unmoved on Tuesday, as the spot price stands at $1247.26 per ounce in Tue...
EUR/USD – Euro Stable Ahead of Eurozone CPI
EUR/USD is not showing much movement on Tuesday, as the pair trades just above the 1.36 in the Eur...
EURUSD steady at 1.3605, AUDUSD rallies to 0.9275, GBPUSD up to 1.6755, USDJPY at 102.35, gold at 1245
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RBI Leaves Key Rate Unchanged at 8%
India’s central bank on Tuesday left its key interest rate steady at 8 percent, following its ...
Negative Rates Loom for ECB
At its monetary policy meeting on Thursday, the European Central Bank’s (ECB) President Mario ...
RBA: there is likely to be a period of stability in interest rates
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RBA Stays at 2.5%
Australia’s central bank on Tuesday left its benchmark interest rate unchanged at a record low...
China HSBC PMI Up on Stronger Global Demand
China’s factory sector turned in its best performance in four months in May as export orders i...
Australia’s Economy Appears to be Slowing
Australia’s economy appears to be slowing and some economists argue that a more subdued outloo...
China HSBC PMI Rises to 49.4
China’s factory sector put in its best performance in four months in May as export orders rebo...
RBA: Inflation is expected to be consistent with the 2–3% target over the next 2 years
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RBA: Looking ahead, continued accommodative monetary policy should provide support to demand, and help growth to strengthen over time
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RBA’s Stevens: the economy grew at a below-trend pace in 2013, but growth looks to have been somewhat firmer around the turn of the year
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As widely tipped, the RBA decided at its meeting today to leave the cash rate unchanged at 2.5%
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Nikkei Leads Asian Equities Higher
The Nikkei led Asian shares higher on Tuesday, supported by solid U.S. and Chinese manufacturing dat...
AU retail spending rose 0.2% in April to $23.17b, after 0.1% rise in March, and not helped by weakening consumer confidence
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U.S. Manufacturing Data Shows Positive Signs
Manufacturing expanded in May at the fastest pace this year as American assembly-line workers respon...