Pace Of Fed Tapering May Slow Down

Pace Of Fed Tapering May Slow Down

David Sumner | 09:40 | 18/02/14
The U.S. Dollar extended losses for a second week versus the Euro as market speculators have grown increasingly weary of the possibility that the latest line-up of economic reports out of the U.S. could support a slowdown in stimulus reduction. Greenback ...
China Posts Inflation Reports

China Posts Inflation Reports

David Sumner | 12:30 | 17/02/14
The Australian Dollar came close to reaching a one-month high against the greenback as investors reassessed forecasts on when the Federal Reserve could announce the next cut-back to stimulus. The Aussie rebounded on Chinese metrics. Aussie Rebounds Australia’s exchange rate regained its ...
Greenback Impacted By Winter Storms

Greenback Impacted By Winter Storms

David Sumner | 10:55 | 16/02/14
Harsh winter conditions continue to affect lackluster U.S. economic fundamentals. Friday’s data showed that industrial output fell the most since the start of 2009 due to the bad weather. The weak numbers dampen growth. U.S. Reports On Industrial Output The U.S. Dollar ...
China Publishes Surprising Data

China Publishes Surprising Data

David Sumner | 09:45 | 13/02/14
The Aussie advanced versus the U.S. Dollar as economic reports out of China set investors at ease, as they signaled that the world’s second biggest economy may not have slowed down. China announced a hike in exports and imports. Markets Set ...
Euro Extends Rally Ahead Of Yellen Comments

Euro Extends Rally Ahead Of Yellen Comments

David Sumner | 09:19 | 12/02/14
The Euro advanced against the U.S. Dollar as the markets awaited comments from Janet Yellen, the new Fed Chairperson, on the U.S. economic outlook. Mrs. Yellen is expected to offer clues on the future of U.S. policy. All Eyes On New ...
Italy And France Publish Weak Data

Italy And France Publish Weak Data

David Sumner | 08:50 | 11/02/14
The Yen rallied for the first time in almost a week against the U.S. Dollar and the Euro as disappointing non-farm payroll reports issued on Friday continued to weigh on the greenback, and as a drop for the E.U.’s industrial ...
Markets Speculate On BOE’s Next Move

Markets Speculate On BOE’s Next Move

David Sumner | 09:10 | 10/02/14
The British Pound depreciated versus the U.S. currency after economic release out of the U.K. signaling that the manufacturing and services sectors both sustained a drop in activity, which bolstered speculation that the Bank of England will keep interest rates ...
U.K. Shows Steady Growth

U.K. Shows Steady Growth

David Sumner | 09:20 | 09/02/14
The British Pound rallied after the U.S. Issued less than stellar economic reports indicating that its economy may have slowed down while suggesting that the Federal Reserve may slow tapering. The U.K. reported a hike in manufacturing production. Manufacturing Denotes Growth The ...
Speculators Await RBA Report

Speculators Await RBA Report

David Sumner | 09:20 | 06/02/14
The Australian Dollar extended losses after having gained the most in eight months as investors await the Reserve Bank’s quarterly report. For now, the RBA has indicated that its intentions to take a neutral stance by leaving the key cash ...
Aussie Central Bank Announces Changes

Aussie Central Bank Announces Changes

David Sumner | 10:30 | 05/02/14
The Australian Dollar rose against its U.S. counterpart after the Reserve Bank announced that it would move away from easing as the inflation gauge posted an increase. The RBA opted for leaving the interest rate unchanged. RBA Leaves Rate Unchanged The Reserve ...