Chinese Economy Slows Down

Chinese Economy Slows Down

Forex | 07:13 | 23/09/14
The Euro retreated from a 14-month low against the U.S. Dollar, but remained under pressure on growing anticipation over an early hike for the U.S. interest rate. Meanwhile, investors awaited comments from ECB President Draghi. Euro Rebounds Slightly The Euro regained some ...
ECB May Not Need More Stimulus

ECB May Not Need More Stimulus

Forex | 08:21 | 22/09/14
The Euro fell further against the U.S. Dollar following economic data out of Germany which met forecasts but posted lower than the European Central Bank requires. Meanwhile, sources say the ECB may not decide to expand on stimulus. Euro Slumps To ...
nzd-drop

NZ Drop In Tourism Affects Economy

Sophie J. Fletcher | 07:55 | 21/09/14
New Zealand’s Dollar depreciated against its U.S. counterpart on Friday following the release of a bounty of low level data. Most of the releases pointed to a decline in tourism, a factor that had a big impact on retail sales ...
yen-pension

Pension Funds Help Debase Yen

Sophie J. Fletcher | 09:02 | 18/09/14
The Yen slipped quickly against the U.S. Dollar after reports showed that Japan’s pension funds, which favor investments abroad, contributed to the currency’s decline, while trust accounts bolstered the purchasing of foreign bonds. Yen Trades Lower The Yen dipped further against the ...
U.K. Inflation Drops While Salaries Remain Unchanged

U.K. Inflation Drops While Salaries Remain Unchanged

Forex | 08:53 | 17/09/14
The British Pound depreciated by the most in ten months against the U.S. Dollar following economic reports which revealed that inflation went down to match the lowest food prices in five years. The currency fell versus the remainder of its ...
 Second Largest Economy May Contract

Second Largest Economy May Contract

Forex | 07:44 | 16/09/14
The Australian Dollar depreciated further against the greenback following reports showing that Chinese industrial production failed to meet economists’ expectations. Investors anticipate a contraction for the world’s second biggest economy. Aussie Trades At New Low The Australian Dollar declined further, touching close ...
Sterling Nears 10-Month Low

Sterling Nears 10-Month Low

Forex | 08:56 | 15/09/14
With the Scottish referendum drawing near, and the polls showing that a majority of individuals favor independence from the U.K., the British Pound fell to the lowest price in close to ten months against the U.S. Dollar. U.K. leaders make ...
Decline Of Australian Dollar Welcome By Reserve Bank

Decline Of Australian Dollar Welcome By Reserve Bank

Forex | 08:37 | 14/09/14
Australia’s Dollar depreciated against the greenback on Friday, a factor that pleased the Reserve Bank. Thursday’s reports indicated that the number of individuals who obtained jobs climbed dramatically, while the rate of unemployment fell. Aussie Dollar Depreciates The latest news out of ...
Westpac Data Weighs On Australian Dollar

Westpac Data Weighs On Australian Dollar

Forex | 08:24 | 11/09/14
The Australian Dollar traded at the lowest rate in six months versus the greenback. Its decline was prompted by disappointing Westpac data and the fact that many investors believe the Federal Reserve will raise the key cash rate by 2015. Aussie ...
 Yen Dips To New Six-Year Low

Yen Dips To New Six-Year Low

Forex | 08:13 | 10/09/14
The U.S. Dollar rallied to the highest price in close to six years against the Yen as Treasury yields surged on the probability that the recent data issued out of the U.S. could convince the Federal Reserve that the time ...