0.0 00 This morning, moments ago, the Australian dollar climbed higher against its major Forex trade partners. The Down Under released its first quarter gross domestic product (Q1 GDP) which met expectations. This cooled of worries …
Read More »US Dollar near 6 Week Low this Morning
0.0 00 The mighty US dollar is stuck near a six week low against the safe haven Japanese yen Wednesday morning. Investors are being rather cautious behind a trio of geopolitical events. Tomorrow, we have general …
Read More »European Markets eye Geopolitical Tensions
0.0 00 European stock bourses ae seen lower this morning as tensions between Qatar and several other Arab countries mount. Investors are also taking a cautious approach ahead of a general election in the United Kingdom, …
Read More »Wage Data lifts the Japanese Yen
0.0 00 The Japanese yen (USD/JPY) gained against the dollar, sending this Forex market lower. Japan released wage data this morning, which showed that there was a stronger than expected earnings increase. However, it remains very …
Read More »The Current Account miss batters the Aussie Dollar
0.0 00 This morning, Australia, released its current account for the first quarter. The deficit widened more than expected beating up the Aussie dollar (AUD/USD) as this s likely to drag on economic growth data. The …
Read More »Europe set to open higher despite UK Terror Attack
0.0 00 The financial stock markets in Europe are set to start the week higher. Investors are looking towards the upcoming monetary policy meeting with the European Central Bank (ECB). They are also reacting to the latest terrorist …
Read More »Gold hits 6 Week high on NFP Disappointment
0.0 00 The price of spot gold, (XAU/USD), held steady in Asia this morning after hitting a six week high after a weaker than expected non-farm payroll report, on Friday, appeared to dilute the prospects for …
Read More »Australian Q1 Quarterly Corporate Profits Impress
0.0 00 The AUD/USD Forex market was fairly unchanged this morning, despite the news of a solid data print regarding Australian corporations and their profit levels for the first financial quarter. Corporate profits rose by 6 …
Read More »Home Sales support the Australian Dollar
0.0 00 The AUD/USD Forex market moved cautiously higher after better than expected home sales data was released this morning. It was a continuation of the cautious and modest recover seen yesterday after poor Chinese economic …
Read More »The Japanese yen falls on Capex Data
0.0 00 The Japanese yen (USD/JPY) weakened this morning after economic data showed that Japanese companies increased their capital spending in the first quarter. The official Japanese Capex numbers showed a 4.5 percent annual rise. That …
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