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  • North American Edition2016-05-24 11:36 UTC

    The dollar firmed up today. EUR-USD has ebbed under Thursday's eight-week low is at 1.1180, affirming the nascent bear trend and making this the third consecutive week that the previous week's low has been breached. USD-JPY rose back above 109.50, although EUR-JPY traded heavily. AUD-USD was the biggest mover, losing nearly 1% following dovish from the RBA governor and making a three-month low at 0.7153. GBP-USD was the exception as sterling was bid ... Read More 

  • European Edition2016-05-23 07:50 UTC

    The yen has traded moderately firmer today, showing about a 0.25% gain versus both the dollar and euro as London interbank people take to their desks. Lower stock markets across the Asia region, as investors continue to face prospects for a Fed rate hike as soon as the June 15th-16th FOMC, have underpinned the yen via the usual inverse correlative pattern. USD-JPY fell to a three-session low at 109.63, down from Friday's closing level at 110.11. EUR-JPY ... Read More 

  • Asian Edition2016-05-24 18:15 UTC

    Solid U.S. new home sales data lifted June Fed rate hike expectations, and the dollar with them. EUR-USD fell to two-month lows of 1.1140, as USD-JPY reclaimed the 110.00 handle. USD-CAD fell briefly under 1.3100 as WTI crude headed up toward $49/bbl before fading some. Cable found support just under 1.4600, before recovering to near 1.4640. Incoming U.S. data this week, and upcoming Fedspeak, including Fed chair Yellen's speech on Friday will go quite ... Read More 

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