Forex News (from InstaForex) - page 38
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Singapore Inflation Eases More Than Expected
Singapore's inflation fell back more than expected in October, the latest figures from the Department of Statistics revealed Friday.
The rate of inflation, measured by the all-items consumer price index, slowed to 4 percent in October from 4.7 percent in the previous month.
Economists expected the rate to fall to 4.5 percent.
On a monthly basis, the CPI fell 0.2 percent. The index, excluding accommodation, rose 3.3 percent on an annual basis and was down 0.4 percent month-on-month.
The Monetary Authority of Singapore's core inflation measure rose 2.2 percent year-on-year and was up 0.1 percent on a monthly basis in October.
News are provided by InstaForex.
Latest forex news: Euro hits $1.29 as Greek Deal moves closer
Some more latest market news can be found at here: FX-Insights: Leading Daily Forex News and forex trading strategies
Indian Rupee Climbs To 6-day High Against U.S. Dollar
The Indian rupee advanced against the U.S. dollar in early deals on Thursday.
The rupee that closed Wednesday's deals at 54.755 against the greenback approached 54.615, its highest level since January 4. The next upside target level for the rupee is seen at 54.00.
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Indian Rupee Climbs To 2-1/2-month High Against U.S. Dollar
The Indian rupee firmed against the U.S. dollar in early deals on Monday.
The rupee is now trading at 53.6525 per dollar, its strongest level since November 2. The next upside target level for the rupee is seen at 53.00. The pair closed Friday's deals at 53.845.
News are provided by InstaForex.
Aussie Rises Amid RBA Rate Decision
As expected, the Reserve Bank of Australia kept rates on hold at 2.75 percent. Amid the announcement, the aussie edged up against its major opponents.
The aussie is now trading at 0.9731 against the greenback, 96.88 against the yen, 1.3424 against the euro and 1.2073 against the kiwi.
News are provided by InstaForex.
Indian Rupee Climbs To 6-day High Against U.S. Dollar
The Indian rupee advanced against the U.S. dollar in early deals on Wednesday.
The rupee approached a 6-day high of 56.315 against the greenback, adding 0.23 percent from Tuesday's close of 56.4455. The next upside target level for the rupee is seen around 56.00.
News are provided by InstaForex.
Australian Dollar Slides To More Than 2-year Low Against Canadian Dollar
The Australian dollar fell sharply against the Canadian currency in the Asian session on Thursday.
The aussie slipped to 0.9788 against the loonie for the first time since March 2011. The aussie thus lost 0.81 percent against the loonie from Wednesday's close of 0.9868. The aussie-loonie pair may eye next support around 0.97 level.
News are provided by InstaForex.
Aussie Plumb Multi-Month Lows on Trade Basis
Aussie fell to $0.9492, from $0.9558 early, pulling closer to a 20-month low of $0.9427 set Thursday. It was track to end the week 0.8 percent lower.
On a trade-weighted basis, the Aussie plunged to 72.2, its weakest in 20 months, while the kiwi fell to a five-month trough of 74.34.
News are provided by InstaForex.
Singapore Dollar Declines To 5-day Low Against U.S. Dollar
The Singapore dollar drifted lower against the U.S. dollar in Asian deals on Monday.
The Singapore dollar fell to a 5-day low of 1.2552 against the greenback, down from Friday's close of 1.2487. The Singapore dollar may eye next downside target level around 1.26.
News are provided by InstaForex.
Yen Climbs Amid BoJ Rate Decision
As expected, the Bank of Japan leaves monetary policy unchanged. After the announcement, the yen advanced against other major currencies.
The yen is now trading at 98.33 against the greenback, 130.48 against the euro, 105.34 against the franc and 153.09 against the pound.
News are provided by InstaForex.