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  • North American Edition2015-08-26 11:18 UTC

    EUR-USD dove to the low 1.14s from the European AM session high of 1.1519 aftr ECB's Praet said that commodity price weakness is rekindling disinflation risks. There had already been conjecture in markets that the ECB would not be happy by the euro's ascent, which, if sustained, could prompt an expansions in QE. EUR-JPY selling aided euro underperformance, with the yen relatively bid as stocks in Europe come under pressure following the negative close on ... Read More 

  • European Edition2015-08-27 07:13 UTC

    The dollar traded with a modest downside bias during pre-Europe trade in Asia, correcting some of the gains seen on Wednesday. EUR-USD recovered to the 1.1350 area after logging a six-day low at 1.1292 late yesterday, and USD-JPY ebbed back under 120.00 after peaking at a two-day high of 120.36 in early Asia-Pacific trade. Yesterday's dovish remarks by NY Fed's Dudley, who said that the case for a September tightening looked "less compelling" given global ... Read More 

  • Asian Edition2015-08-27 17:34 UTC

    The dollar added to recent gains in N.Y. on Thursday, as an outsized upward revision to U.S. Q2 GDP got the ball rolling. Growth was upgraded to 3.7% from the original print of 2.3%. This was stronger than median forecasts, and good enough to take the greenback higher. Some support came in the form of improved odds for a September Fed rate hike, while a vastly improved risk backdrop support the USD as well. Wall Street rallied despite renewed rate hike ... Read More 

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