Roberto Jacobs / Blog
NZ Dollar Advances Most Against Majors The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday. The NZ dollar rose to a 4-day high of 75.93 against the yen, from yesterday's closing value of 75.64. Against the U.S...
RBA's Stevens: More Room to Ease Policy than Most RBA's Glenn Stevens, speaking at the ASIC Annual Forum in Sydney, said there's more room to ease policy than most should a serious downturn occur...
Renewed Euro Weakness Ahead - Westpac Sean Callow, FX Strategist at Westpac, expects renewed weakness in the shared currency, which should allow EUR/AUD for a target of 1.45...
OPEC Sees Moderate Oil Bounce Even If Iran Won't Join Freeze OPEC expects oil prices to rebound to a “moderate” level even if Iran doesn’t join other producers in an agreement to freeze production...
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...