Roberto Jacobs / Blog
ECB, BOJ Seeking to Push Down Exchange Rates, Mervyn King Says The European Central Bank and the Bank of Japan are essentially trying to push down the values of their respective currencies with the use of negative interest rates, former Bank of England Governor Mervyn King said...
Dollar Drops Versus Yen Amid Skepticism of April U.S. Rate Hike The dollar halted a two-day advance against the yen as comments by Federal Reserve officials suggesting the central bank may raise interest rates as soon as next month failed to boost the greenback’s appeal. The U.S...
Asian Shares Edge Lower as Fed Rate Talk Revives Asian stocks slipped on Tuesday as hawkish comments from U.S. Federal Reserve officials clouded the monetary policy outlook less than a week after Fed Chair Janet Yellen had set out a more cautious path to interest rate increases this year...
Japan Manufacturing Sector Contracts Unexpectedly In March Japan's manufacturing activity deteriorated for the first time in eleven months in March, the latest flash survey from Markit Economics showed Tuesday. The Markit/ Nikkei Manufacturing Purchasing Managers' Index, or PMI, fell to 49...
Australian Dollar Rises Against Majors The Australian dollar strengthened against the other major currencies in the Asian session on Tuesday. The Australian dollar rose to a 4-day high of 85.10 against the yen, from yesterday's closing value of 84.82. Against the U.S...
Nikkei Rises Sharply as Dollar Gains on Hopes for Fed Rate Hike TOKYO, March 22 Japan's Nikkei share average rose sharply on Tuesday as the dollar extended its rebound against the yen after two U.S. Federal Reserve officials supported the case for an interest rate hike sooner than later...
Analytical Review of the Stocks of Merck&Co. Inc. Merck&Co. Inc., #MRK [NYSE] Health care, drug production, USA Financial performance of the company: Index – DJIA, S&P 500...
Taiwan Jobless Rate Rises As Expected In February Taiwan's unemployment rate increased for the fourth straight month in February, in line with expectations, figures from the Directorate General of Budget Accounting and Statistics, or DGBAS, showed Tuesday...
FXWIREPRO: Nikkei225 Faces Strong Resistance Around 17300, Good to Buy at Dips Major resistance - 17300 The index has broken minor resistance around 17000 and jumped till 17097 at the time of writing slightly recovered after making a low of 17014. It is currently trading around 16664...