The dollar moved higher versus the yen on Thursday, following the Fed statement, which didn't showed significant changes compared to previous one and was taken as if the bank remains on track to raise rates later this year...
Emerging-market stocks registered their biggest drop in three weeks as China's battling with speculative trading intensified and a fear grew the conflict between Russia and Ukraine is pushing their economies into a crisis. The ruble and Russian Eurobonds tumbled...
Imre Speizer of Westpac, believes that interest rate spreads have plenty of scope to support AUD/NZD, anticipating that NZD should continue to underperform AUD. Key Quotes “AUD/NZD received a boost today from the RBNZ which shifted its stance...
Cristian Maggio, Head of Emerging Markets Research at TD Securities, shares the market performance in the European session, noting that Bonds markets remained well bid while EUR/CHF moved higher. Key Quotes “European markets continue to adjust to the FOMC message from yesterday...
The shared currency extends its rebound from sub-1.1300 levels, pushing EUR/USD back to the 1.1320/25 band, or session highs...
AUD/USD extended losses and dropped below the 0.7800 level for first time since July 2009 as the Aussie continues to weaken amid speculations of a RBA rate cut next week. AUD/USD lost about 100 pips throughout the day and hit a low of 0.7786, last seen Jul 13 2009...
On Thursday the dollar traded steady, soaring around 11-year highs against the other major currencies, after the Federal Reserve signaled that interest rates could start to rise around mid-year...
On Thursday copper prices traded near the lowest level in six years, amid signs the Federal Reserve is to raise rates this year and as fears over Greece's future in the euro zone re-emerged...
NZD/USD dropped below 0.7300 for the first time since March 2011 and printed a fresh low at 0.7283. The kiwi weakened sharply in the market after the RBNZ statement and extended the slide during the European session...
Outlook in Crude Oil remains on the downside as long as 46.00 resistance holds on a 4 hour closing basis , support comes at the 43.59 levels , a halt is likely but a cut would open 42.00 next , further down will target the 40.00 levels. On the upside , resistance comes at the 46...
FTSE 100 up 0.2% to 6,832 Gold descends 0.6% to $1,284.49/oz...
Crude oil touching the Bottoms forming Bullish wedge expected to complete @ $43 ,Breakout upside will bring higher prices towards $46 to $51...
The Danske Bank Research Team notes RBNZ expects NZD to undergo significant depreciation, with the currency’s valuation unsustainable in terms of NZ’s economic fundamentals. Key Quotes “The NZD dropped more than 1...
Benoit Coeure, a member of the European Central Bank's (ECB) Executive Board, told an Italian newspaper today spelt out the parameter that will decide the duration of the ECB’s QE. “It will end only once we get a strong sense that inflation is converging towards 2 percent”, said Mr. Coeure...
The KBC Bank Research Desk, comments that the FOMC statement signals that the Fed is optimistic on growth but uncertain about inflation, and further adds that markets are expecting a rate hike by the Fed in January 2016, with risks tilted towards a November/December lift-off too...
On Thursday the yellow metal extended losses from the previous session, as market players reassessed their expectations for the timing of the first U.S. rate hike after the Federal Reserve was optimistic about the economy...
Don Thompson, who will soon leave the company, had two and a half years as chief executive after having worked at McDonald's for a quarter of a century. Late on Wednesday, the company said that Thompson will retire March 1...
On Thursday the Japanese currency traded lower and the Australian dollar gained in early Asia in mixed moves after the Federal Reserve said overnight the U.S...
GBP/USD trades modestly flat in the late-ASIAN session, continuing its side-trend as markets continue to mull over FOMC largely anticipated decision and Bank of England (BOE) Governor Carney comments. Continues consolidation below 1.5200 The GBP/USD pair traded unchanged at 1...
Gold prices on Comex extended losses in the Asian session and traded lower as traders continued to weigh the FOMC’s patient approach towards policy normalization in the US. Currently, gold trades lower by -0.40% at 1282.10 levels, pulling away from intraday lows of 1278...
