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  • North American Edition2015-10-12 10:59 UTC

    The dollar started the new week where it left of the last, with a weakening bias. EUR-USD edged out a new three-week high just shy of 1.1400, continuing the rally that began with the dovish-leaving FOMC minutes of last Thursday. The AUD and NZD, meanwhile, outperformed as Chinese stock markets rallied strongly after PBoC deputy governor Yi said from weekend IMF meetings that the stock correction is "almost over." USD-JPY remained mired in a narrow range ... Read More 

  • European Edition2015-10-12 07:12 UTC

    Narrow ranges have prevailed in early-week trading, with volume and impetus flagging with Japan out today, and U.S. and Canada also due to be closed for public holidays. Despite this, risk-on remained the dominant theme, reflected by commodity prices gains (copper up over 0.5%, oil prices by around 1%) and mostly-higher stock markets in Asia, led by continued gains in China (Shanghai Composite was showing a 3.3% gain in late PM session). This backdrop has ... Read More 

  • Asian Edition2015-10-12 16:29 UTC

    The dollar remained on a weak footing during quiet dealings on Monday, posting fresh trend losses against the euro, Aussie and Kiwi dollars, and drifting lower against the yen. The move was a carry-on of selling seen in the wake of last week's release of the FOMC minutes, which have seen the odds for a Fed rate lift-off by year-end lengthen. Conditions were thinned today by holidays in Japan, Spain and North America. EUR-USD logged a three-week high at ... Read More 

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