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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...