0.0 00 The Australian dollar, including the benchmark AUD/USD Forex market took a whack after a series of Australian economic data misses this morning. November’s indicator from local lender National Australia Bank showed that firms’ assessment …
Read More »Asian Markets start the Week Higher
0.0 00 Asian markets inched higher to start the week today. Investors are looking at the launch of bitcoin futures and this week’s Federal Reserve Board policy meeting in the United States. The Japanese Nikkei 225 was higher …
Read More »Gold is Steady amid Firmer U.S. Dollar
0.0 00 Gold prices were steady Monday morning during Asian trade hours. The bullion is just above a four month low, touched last week, thanks to a stronger U.S. dollar. As of 1 am GMT, spot …
Read More »Kiwi Dollar Soars as RBNZ gets New Governor
0.0 00 The New Zealand dollar, also know as the Kiwi dollar (NZD/USD) got some nice support today after news that the top spot at the Reserve Bank of New Zealand was filled. Adian Orr has …
Read More »Gold inches Higher from 4 Month Low
0.0 00 Gold futures inched higher Friday morning during Asian trade hours after hitting better than a four month low during the overnight hours. As of 1 am GMT, Spot gold (XAU/USD) rose nearly 0.2 percent at …
Read More »Oil Prices Move Higher as U.S. Inventories Decline
0.0 00 The price of crude oil futures contracts moved higher this morning. This comes after a reported a decrease in U.S. crude inventories. However, an increase in gasoline stocks and crude production weighed on the …
Read More »Gold falls again on a Stronger Dollar
0.0 00 Gold futures slipped this morning during Asian trade hours. The price of the bullion is trading near a two month low hit earlier this week. The U.S. dollar has firmed and is trading steady. …
Read More »Australian Trade Data Misses the Mark
0.0 00 After a weak current account report seen a couple of days ago, the Australian dollar (AUD/USD) slipped again against the backdrop of soft than expected A trade balance outcome. All numbers are in Australian …
Read More »Gold Prices inch Lower this Morning
0.0 00 Gold prices inched lower during Asian trader hours Wednesday morning. The bullion is now exploring a two month low, which it also did on Tuesday. This fall lower comes despite a soft U.S. Dollar. …
Read More »Crude Oil inches lower but OPEC Softens the Losses
0.0 00 Crude oil futures slipped this morning during Asian trade hours. Investors attributed the weakness to refined product inventories in the United States, which rose. The markets interpreted that as a sign of soft demand. As …
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