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  • North American Edition2014-08-27 10:29 UTC

    The dollar traded lower, with EUR-USD recovering toward 1.3200 after making a fresh 11-month low at 1.3152 during the Asian session. The euro had dropped across-the-board during the Asian session, led specifically by a large dose of EUR-CAD selling. USD-CAD, meanwhile, fell to the low 1.09s before extending to an eight-day low of 1.0889 in the weak-greenback themed European AM session, breaching below its 20-day moving average for the first time since ... Read More 

  • European Edition2014-08-28 06:43 UTC

    The dollar remained generally soft while the AUD outperformed following a strong Q2 capex figure (despite some devils in the details that imply downward revisions GDP forecasts will be needed). EUR-USD edged out a three-day high of 1.3217. This was a reflection of dollar softness as the euro was steady against the yen and euro, although a Reuters report yesterday had shaken out weaker euro bears by citing unnamed ECB sources saying that the ECB is ... Read More 

  • Asian Edition2014-08-27 16:29 UTC

    The dollar was fairly steady through the N.Y. morning session Wednesday, though euro bears received a small shaking out as Reuters, citing ECB sources, reported that the ECB is unlikely to undertake new policies next week unless August inflation numbers show the Eurozone moving significantly towards deflation. Speculation over fresh easing policies from the Bank have been on the rise of late, though EUR-USD upside was limited to 1.3209, up from lows ... Read More 

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