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  • North American Edition2015-08-31 10:38 UTC

    EUR-USD ebbed over 50 pips back to the 1.1200 area during quite, London-less European AM trade. Slightly firmer warmer than expected Eurozone inflation data had little impact on the euro. The late rebound in Chinese stock markets, meanwhile, where the Shanghai Composite finished with a relatively moderate 0.8% decline after much heftier intraday losses, helped foster an unwind in haven euro positioning. The dollar has also benefited from a nudge higher in ... Read More 

  • European Edition2015-08-31 07:17 UTC

    Markets have commenced on a risk-off theme as Chinese stock markets ebb following a Beijing announcement that large-scale purchases to prop up the market are now a thing of the past. This weighed on regional equities, Asian and commodity currencies. The dollar traded mixed, trading moderately firmer against the dollar-bloc units and Asian currencies, while losing ground to the haven currencies of the euro and yen. EUR-USD rose to the mid-1.12s, recovering ... Read More 

  • Asian Edition2015-08-28 18:36 UTC

    The dollar was mostly higher versus major currencies in N.Y. trade on Friday, though generally, price action was much calmer than seen through the rest of the week, where volatility reigned. In-line income and consumption data helped the greenback marginally, and the unit drifted higher though the morning, before settling a bit lower into the London close. Later, the dollar rallied back after Fed VC Fischer said the case for a September rate hike was ... Read More 

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