0.0 00 This morning has been a busy morning for the economic docket in the Asian and Pacific Rim trade hours. Just released, moments ago, Australian trade data showing a sowing down of exports. The Australian …
Read More »New Zealand Housing Data weakens the Kiwi Dollar
0.0 00 The New Zealand dollar (NZD/USD) continued to extend Wednesday’s losses. The Kiwi fell as it tracked front end government bond yields lower. Investors, after housing data was released today, are losing hope that the …
Read More »Gold Prices remain near 7 Week Highs
0.0 00 The price of spot gold (XAU/USD) held firm this morning during Asian trade hours, near a seven week high. There was weaker than expected US economic data which could put a damper with the …
Read More »Shares of Apple Climb after the Company Beats Expectations
0.0 00 Shares of the US based technology giant Apple, Inc. (Nasdaq: AAPL) soared 6.7 percent in after-hours trade. Shares climbed to just shy of $160, up from $150, following the company’s third quarter (Q3) earnings …
Read More »Soft New Zealand Jobs Report Weighs on the Kiwi Dollar
0.0 00 The New Zealand dollar, also known as the Kiwi (NZD/USD) fell against its major G 20 Forex trading partners this morning, after a rather disappointing second quarter (Q2) jobs report crossed the news wires. …
Read More »The Aussie Dollar goes Ballistic after the RBA Decision
0.0 00 The Aussie dollar (AUD/USD) went on a ballistic and volatile roller coaster of a ride after the Reserve Bank of Australia (RBA) dialed up its rhetoric in its post monetary policy statement to the …
Read More »The RBA Keeps its Monetary Policy as Is in July
0.0 00 Just in. The Reserve Bank of Australia (RBA) has decided to keep the official cash rate at its record low of 1.50 percent in July, as expected. The central bank appears to be in …
Read More »Chinese PMI Data Supports the Australian Dollar
0.0 00 This morning Australian dollar (AUD/USD) traders were treated to Chinese Caixin manufacturing purchasing managers’ index (PMI) data. The Australian dollar extended gains on the Chinese PMI data which beat expectations. The private Caixin manufacturing …
Read More »European Markets to Focus on Inflation and Earnings
0.0 00 European markets are looking to open higher Monday morning. European investors are looking at key inflation data and corporate earnings reports. Right now, the futures on the FTSE 100 are up four points at 7,368. …
Read More »Oil Prices Hit their Highest Levels since May
0.0 00 The price of US WTI crude oil, as well as the global benchmark WTI Brent, has hit its highest level since May during Asian trade hours. There was a dip in US Oil prices …
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