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Recent content by FXNET LTD

  1. FXNET LTD

    Daily Market News By FXNET

    Aussie and Kiwi reach 10-month highs against Dollar Greenback remains under pressure The Aussie and Kiwi reached ten-month highs versus the US dollar on Tuesday, while the minutes of the Reserve Bank of Australia’s (RBA) meeting showed that interest rates are remaining steady for a while and...
  2. FXNET LTD

    Daily Market News By FXNET

    Aussie Gains on Positive Job Reports Currency commodities remain affected by oil prices The Aussie was stronger versus the dollar on Thursday, following the release of positive Australian employment data as the kiwi fell more than 1% due to sentiment improvement on the greenback. NZD/USD...
  3. FXNET LTD

    Daily Market News By FXNET

    Gold Prices Drop on Thursday Chinese data affects markets Gold was weaker in Asian trade this Thursday, as investors remained cautious ahead of the Federal Reserve’s review regarding rates later this month. Gold for June delivery lost 1.07% on the Comex division of the New York Mercantile...
  4. FXNET LTD

    Daily Market News By FXNET

    Oil Prices Dip Ahead of API Report Possible production freeze continues to support market Oil prices were lower on Tuesday as markets looked ahead to US stockpile numbers that will be released by the American Petroleum Institute (API). Crude oil for May delivery lost 0.27 percent on the New...
  5. FXNET LTD

    Daily Market News By FXNET

    Yen Retreats from Monday’s Rally Aussie and Kiwi higher than greenback After reaching its two year high against the greenback on Monday the Japanese yen lost some momentum on Tuesday following comments from Japan’s policymakers, while the Aussie and Kiwi gained against their US counterpart...
  6. FXNET LTD

    Daily Market News By FXNET

    Dollar Stronger versus Yen and Euro Yellen backs Interest Rate Hike The dollar was stronger on Friday following positive job reports and a weaker yen. Europe’s shared currency lost 0.1 percent against the dollar falling to 1.1366 dollars after reaching its highest level since October of...
  7. FXNET LTD

    Daily Market News By FXNET

    Aussie Rises vs Dollar, Kiwi Remains Steady Investors focus on Fed minutes The aussie was stronger against the dollar on Wednesday, as the kiwi remained steady while market participants focused on the minutes of the Federal Reserve’s March meeting, for news on the future path of interest...
  8. FXNET LTD

    Daily Market News By FXNET

    Aussie Recovers as Trade Balance Widens Dollar holds amidst rate hike speculations The Australian dollar recovered on Tuesday, while the central bank remained steady in expectation for new labor data for a better economy assessment. AUD/USD traded at 0.7614, up 0.11%. The Australian trade...
  9. FXNET LTD

    Daily Market News By FXNET

    Oil Prices Hit Two Week Lows EIA report weighs on prices On Thursday oil prices fell to more than two week lows, as EIA stockpile numbers highlighted the persisting supply glut which has been weighing down on oil prices. Brent Crude futures lost 45 cents falling to 38.81 dollars a barrel...
  10. FXNET LTD

    Daily Market News By FXNET

    Gold Prices Hold Above One Month Low Ahead of Yellen's Speech Prices still on an upward trend for the year so far With investors looking ahead to Federal Reserve Chair Janet Yellen’s speech gold prices were seen slightly lower on Tuesday but still holding above one month lows. US gold futures...
  11. FXNET LTD

    Daily Market News By FXNET

    Australian Dollar Remains Steady, New Zealand Dollar Stronger Janet Yellen’s speech remains in focus The Aussie remained steady against the dollar this Tuesday, as the kiwi grew stronger while market players processed last session’s US economic reports and focused on Fed’s Chair Janet Yellen’s...
  12. FXNET LTD

    Daily Market News By FXNET

    Dollar Rises Against Yen, Fed Comments will be in Focus Investors anticipate releases to predict rate hike possibility The dollar was stronger against the yen this Monday, following its rebound the past week after receiving comments from Fed officials who supported the idea of raising interest...
  13. FXNET LTD

    Daily Market News By FXNET

    Aussie and Kiwi Fall to 1-Week Lows against Greenback NZ trade surplus increases in February The Aussie and kiwi hit their one-week low against the dollar this Thursday, in spite of New Zealand trade figures, while US rate hike expectations for April kept supporting the greenback. In the...
  14. FXNET LTD

    Daily Market News By FXNET

    Fundamental Analysis August 22 EUR/USD gained 8 points as traders breathed a sigh of relief when PMI numbers were not as bad as expected. The US dollar gave back some early gains but remains strong at 82.29. Data from Germany eased pressure on the struggling euro today after speculation of an...
  15. FXNET LTD

    Daily Market News By FXNET

    Fundamental Analysis August 15 EUR/USD recuperated 27 focuses to exchange at 1.3391 after a large number of blended information and a confounded ECB month to month report. The dollar gave back increases the greater part of the morning to trade at 81.53. Euro zone swelling will be weaker than...
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