XE Currency Converter
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|1 AUD||0.72540||0.64305||0.47264||47.0690|| |
|1 NZD||0.66654||0.59087||0.43429||43.2496||0.91885||0.86724||8.86811|| |
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XE Market Analysis
North American Edition2015-10-08 11:48 UTC
Sterling took a nosedive on the release of the BoE MPC minutes to its just-completed October policy meeting, which showed a dovish turn with inflation risks seen remaining off the table for longer than previously envisaged. Cable dropped to the low 1.53s from levels above 1.5350. Elsewhere, the dollar drifter lower against the other majors and dollar-bloc currencies, the latter of which declined concomitantly with a correction in commodity prices. ... Read More ►
European Edition2015-10-08 06:49 UTC
Currency markets have been relatively settled. Japanese machinery orders data unexpectedly dove 5.7% m/m in August data, which weighed on the Nikkei 225 despite raising expectations for the BoJ to expand its QQE program at its meeting on Oct-30. The Japanese stock index closed 0.99% for the worse. Other equity markets in Asia were mixed, with China rallying in a catch-trade following a week-long holiday there. Australia and some other markets also gained, ... Read More ►
Asian Edition2015-10-08 18:46 UTC
FX trade was relatively quiet in N.Y. on Thursday morning, as the dollar put in another mixed performance, though ended the day slightly underwater overall. A slightly smaller than expected jobless claims outcome helped the dollar marginally early on, though position squaring became evident into the FOMC minutes release. The minutes didn't provide any clear insight into rate hike timing. For most every hawkish indication, there was an offsetting ... Read More ►
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