Forex News (from InstaForex) - page 39
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Singapore Dollar Off 2-day High Against U.S. Dollar
The Singapore dollar wiped out its early gains against the U.S. dollar in the Asian session on Wednesday.
The Singapore dollar is now trading at 1.2560 against the greenback, retreating from an early 2-day high of 1.2515. The greenback-Singapore dollar pair ended Tuesday's deals at 1.2540.
News are provided by InstaForex.
Australia Employment Rises Unexpectedly In May
Total employment in Australia increased unexpectedly in May, the latest figures from the Australian Bureau of Statistics showed Thursday.
The number of employed persons rose 1,100 from a month earlier to 11.66 million in May. Economists expected a decline of 10,000. Full-time employment, however, decreased by 5,300.
The unemployment rate fell to 5.5 percent in May from 5.6 percent in April. Unemployment decreased by 3,600 or 0.5 percent month-on-month to to 682,900.
News are provided by InstaForex.
Pound Trades At 2-day High Against Swiss Franc
The pound continued to stay above the 1.45 level for the second straight session on Friday morning in Asia, rising to a 2-day high of 1.4506, up 0.13 percent from 1.4486 hit late New York Thursday.
If the pound-franc pair extends uptrend, likely resistance is seen around the 1.4590 area at which the 30-day simple moving average level is lying in daily time frames.
News are provided by InstaForex.
Yen Falls Against Majors
The Japanese yen declined against other major currencies ahead of the European session on Monday.
The yen is worth 94.90 against the greenback, 126.54 against the euro, 148.98 against the pound, 102.73 against the franc, 93.50 against the loonie and 76.82 against the kiwi. Against the aussie, the yen dropped to 91.47 from an early 4-day high of 89.81.
News are provided by InstaForex.
Singapore Dollar Declines To 1-week Low Against U.S. Dollar
The Singapore dollar weakened against the U.S. dollar in Asia on Tuesday.
The Singapore dollar that closed Monday's deals at 1.2550 to the dollar declined to 1.2610, its lowest level since June 11. The Singapore dollar may seek support around 1.27 level.
News are provided by InstaForex.
Malaysian Ringgit Off Near 11-month Low Against U.S. Dollar
The Malaysian Ringgit wiped out its early losses against the U.S. dollar during Asian deals on Wednesday.
The Malaysian Ringgit that fell to near an 11-month low of 3.1690 against the greenback bounced off and is trading at Tuesday's close of 3.1560.
News are provided by InstaForex.
Chinese Yuan Slightly Off 3-day Low Against U.S. Dollar
The Chinese yuan erased some of its early losses against the U.S. dollar in late Asian deals on Thursday.
The yuan is now trading at Wednesday's close of 6.1312 per dollar, bouncing off from its early 3-day low of 6.1347.
News are provided by InstaForex.
Dollars, Euro and Sterling in Demand on Friday
The U.S. dollar, euro and sterling were all in demand on Friday as the prospect of an end to super-easy money from the Federal Reserve drove a mass migration out of emerging markets and into developed world assets.
Fears about the Federal Reserve buying fewer bonds later this year pummeled the U.S. bond market on Thursday, pushing benchmark yields to the highest levels since August 2011, with few signs of when the month-long rout will end.
News are provided by InstaForex.
U.S. Dollar Climbs To 1-1/2-year High Against Canadian Dollar
The U.S. dollar spiked up against the Canadian dollar in Asia on Monday.
The greenback advanced to 1.0498 against the loonie, a level not seen since November 2011. On the upside, the greenback-loonie pair may break resistance around the 1.06 level.
News are provided by InstaForex.
Gold Inches up As fED Officials Downplay Stimulus Wind-Down
Spot gold rose 0.2 percent to $1,283.55 an ounce by 0018 GMT. It fell around 1 percent on Monday, extending last week's 7 percent slide as fears of a cash crunch in China spooked investors, and a slide in U.S. equities prompted bullion selling to cover margin calls.
News are provided by InstaForex.