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  • North American Edition2015-01-30 11:19 UTC

    The dollar came under broader pressure. EUR-USD worked higher, to the 1.1350 area despite a -0.6% y/y reading in Eurozone HICP in preliminary January data. A dip in Eurozone unemployment to 11.4% from 11.5% helped offset, while the market is also aware that the ECB's QE program, designed to eradicate deflation, doesn't commence until March. 'Grexit' concerns have come off the boil with the new Greek government pledging to look for common ground with the ... Read More 

  • European Edition2015-01-30 07:40 UTC

    EUR-USD has traded a narrow path in Asia, holding in the low-to-mid 1.13s and remaining well within yesterday's range. 'Grexit' concerns have come off the boil with the new Greek government pledging to look for common ground with the Troika. Focus now is on Eurozone CPI data. USD-JPY remains on a broadly sideways path, anchored on 118.00, which has roughly been the mid-point of trade for most of January so far. Japan's December CPI came in at 2.4% m/m, ... Read More 

  • Asian Edition2015-01-29 20:04 UTC

    The dollar rallied broadly in N.Y. trade on Thursday, though it was the commodity bloc that was hit the hardest. Oil and copper prices hit new trend lows, which saw USD-CAD rally to multi-year highs of 1.2650, and AUD-USD sink to multi-year lows under 0.7240. USD-JPY moved up to near 118.50 on relatively stable yields and a moderate Wall Street Rally. EUR-USD gave back the 1.13 handle, touching 1.1279 lows, as cable skidded along just above 1.5020. On the ... Read More 

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