Yen Enjoying Obama’s Announcement on Iraq
The yen and Swiss franc climbed after President Barack Obama authorized targeted air strikes in Iraq...
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BOJ Remains Steady
The Bank of Japan (BoJ) kept monetary policy unchanged on Friday, but offered a bleaker view on expo...
Updated inflation forecasts from the RBA show the AU inflation rate staying inside the 2-3% target band out to the end of 2016
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Markets Moving after Obama’s Iraq Announcement
U.S. futures (DJA) dropped with Asian stocks (MXAP) and Treasury yields fell to the lowest in more t...
U.S. President Barack Obama said Thursday he’d authorized targeted airstrikes in Iraq to protect American personnel – USD/JPY moving
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RBI’s Rajan: Concerned with Ongoing Financial Risk
The world is at risk of another financial crash following a steep rise in asset prices, according to...
Draghi: Risks to Euro’s Economic Recovery are Increasing
Mario Draghi said risks to the euro area’s economic recovery are increasing because of conflicts s...
EUR/USD Near Nine Month Low at 1.3350
The dollar strengthened to an almost nine-month high against the euro after European Central Bank Pr...
Draghi Comments on Italy’s Lack of Structural Reform
Mario Draghi says Italy can only blame itself for its third recession since 2007. The day after data...
U.S. Dollar Heading for Another Weekly Gain
The dollar headed for a fourth weekly gain, the longest stretch in 17 months, as a strengthening U.S...
GBP/USD Approaches 1.68 as BOE Holds Rates
The pound was about 0.2 percent from its weakest level in eight weeks versus the dollar after Bank o...
Brent Oil Back Above $105.50 on Potential Supply Shock
Crude oil climbed on Thursday, rebounding from the lowest prices in months as the security situation...
Gold Cruises to $1311 as Ukraine Boosts Appeal
Gold managed to settle in the green on Thursday, after slumping for most of the morning, boosted by ...
EUR/USD Near 1.3350 after ECB’s Cautious Stance
The euro was on the backfoot early on Friday after European Central Bank President Mario Draghi stru...
Chinese Banks Taking Bad Debts More Seriously
Chinese banks are scrambling to get on top of bad debts they have downplayed for years, cutting off ...
Japan Current Account Moves to Deficit in June
Japan’s current account swung to a deficit in June for the first time in five months, governme...
USD/CNY at 6.1660 as Fed Tightens Screws
The Chinese yuan has rebounded to a 4-1/2-month high against the greenback amid an upswing in the wo...
Asian Equities Follow U.S. Lower
Asian stocks declined on Friday, tracking losses in global markets overnight amid rising tension bet...
EURUSD eases to 1.3360, AUDUSD steady at 0.9270, GBPUSD eases to 1.6830, USDJPY at 102.05, gold at 1312
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GBP/USD – Calm as BOE Holds the Course
GBP/USD is steady on Thursday, as the pair trades in the mid-1.68 range in the North American range....