Forex News

Yen strengthens as commodity import costs declineYen strengthens as commodity import costs decline

Yen strengthens as commodity import costs decline

On the basis of hawkish stance taken by the US Fed, a long position in the USD/JPY pair in April…

8 years ago
Kiwi down on stagnant wages, rising capital cost concernsKiwi down on stagnant wages, rising capital cost concerns

Kiwi down on stagnant wages, rising capital cost concerns

As crude oil went below the crucial $50 per barrel mark, the Canadian dollar began to lose ground against most…

8 years ago
Aussie to strengthen on rally in Iron ore, coking coalAussie to strengthen on rally in Iron ore, coking coal

Aussie to strengthen on rally in Iron ore, coking coal

In our March 17th article, we had predicted the Australian dollar to decline against the Greenback, on the basis of…

8 years ago
Canadian dollar strengthens on hawkish statement from BoCCanadian dollar strengthens on hawkish statement from BoC

Canadian dollar strengthens on hawkish statement from BoC

Lower than anticipated unemployment claims in the US and sharp decline in the price of crude oil fuelled a rally…

8 years ago
Kiwi strengthens on rise in price of whole milk powderKiwi strengthens on rise in price of whole milk powder

Kiwi strengthens on rise in price of whole milk powder

New Zealand saw a trade deficit of about $18 million in February due to a decline in the price and…

8 years ago
Pound UP on May’s conciliatory speech in UK ParliamentPound UP on May’s conciliatory speech in UK Parliament

Pound UP on May’s conciliatory speech in UK Parliament

At the beginning of this year, many analysts and speculators were betting on the Euro to trade at par with…

8 years ago
Rising support for Macron in French election boosts EuroRising support for Macron in French election boosts Euro

Rising support for Macron in French election boosts Euro

The unexpected support for ECB rate hikes from Ewald Nowotny, Austrian representative on the ECB’s council, and victory of pro-EU…

8 years ago
Aussie signals downtrend on rise in unemployment rateAussie signals downtrend on rise in unemployment rate

Aussie signals downtrend on rise in unemployment rate

On the basis of a decline in the private capital expenditure and record high inventories of iron ore at the…

8 years ago
Sharp decline in German factory orders turn Euro weakerSharp decline in German factory orders turn Euro weaker

Sharp decline in German factory orders turn Euro weaker

On the basis of a high debt to GDP ratio of China and probable defeat of Marine Le Pen in…

8 years ago
Aussies weakens on decline in private capital expenditureAussies weakens on decline in private capital expenditure

Aussies weakens on decline in private capital expenditure

Lower than anticipated flash manufacturing PMI in February and less hawkish stance of the Fed turned the US dollar weak…

8 years ago