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Currency and Forex News
Forex and Currency News
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Results for: XE Commentary
2013-05-09 07:11 UTC
The dollar consolidated in Asia after it regained some of its poise during Wednesday's N.Y. afternoon session. EUR backed away from 1.3200 as good offers held and headed back towards 1.3150, where it traded for the most of the Asian session. Cable...
2013-05-08 19:24 UTC
The dollar was broadly softer in N.Y. trade on Wednesday, with EUR-USD aided by comments from the ECB's Mersch, who suggested the Bank may securitize SME loans to encourage lending, adding that the central bank is looking at ways to restart the ABS...
2013-05-08 10:14 UTC
Sentiment in Europe was positive as stocks benefited from yesterday's firm Wall Street close and healthy China data in Asia. This weighed on the dollar, yen and swissy. European markets were also encouraged by reports that claimed the ECB is...
2013-05-08 07:10 UTC
Sentiment is positive today after yesterday's positive close for U.S. stocks and encouraging China trade data, which came in on the firmer side and allayed some of the recent fears over the economic outlook. The dollar is easier, which underpinned...
2013-05-07 20:14 UTC
FX trade was again quiet on Tuesday in N.Y., where a lack of data, and fairly flat risk levels early on, left traders largely uninspired. EUR-USD and cable were the biggest movers, both losing ground to the dollar in morning trade. The euro...
2013-05-07 11:01 UTC
Strong German manufacturing orders stole the headlines late on in the European morning and was the catalyst for a EUR-USD move out of 1.3075 towards 1.3120. Ahead of then activity was fairly slow. The most notable feature in Europe was the break...
2013-05-07 06:07 UTC
The RBA rate cut by 25 bps to 2.75% was the highlight in Asia. It cited below trend growth, subdued demand for credit and an historically high AUD. The move forced AUD-USD through key support at 1.0200, which has held since early March and is likely...
2013-05-06 19:27 UTC
FX trade was generally light through the N.Y. session on Monday, though EUR-USD took a dip on the back of comments from the ECB's Draghi, who repeated that more easing my be in the cards. The euro fell to lows near 1.3055 after opening around...
2013-05-06 09:58 UTC
Ranges were narrow due to today's market holidays in Japan and the U.K. Sentiment remained positive after Friday's upbeat U.S. payrolls report, though there were more negative economic data releases out of Asia. China April HSBC Services PMI slowed...
2013-05-06 05:58 UTC
Ranges were narrow due to today's market holidays in Japan and the U.K. Sentiment remained positive after Friday's upbeat U.S. payrolls report, though there were more negative economic data releases out of Asia. China April HSBC Services PMI slowed...
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