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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 Edition2014-08-27 07:06 UTC

    The euro has posted fresh lows against the dollar, sterling, the yen and the Australian dollar, among other currencies. Continued talk of the ECB moving toward QE along with negative rates at the front-end of German and French yield curves is driving the euro's underperformance. This has been married to reports that reserve managers have been seen selling euros, which has made the euro a 'stay-away' currency, though there Standard Bank reckons that fund ... 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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