Euro weakens at the prospect of weaker inflation
Friday, 29 August 2014, 09:20
Last update: about 13 years ago
Malta Independent
The euro is weaker this morning as the US Dollar is slowly gaining ground ahead of European open. Amongst the major currency pairs we see that the EURUSD is already retesting yesterday’s lows and is...
Aussie touches three week high after good data
Thursday, 28 August 2014, 08:52
Last update: about 13 years ago
Malta Independent
Wall Street closed mostly flat, while the S&P500 closed at a record high yesterday. Asian equities did not follow the same path however this morning, with investors opting for cautious positions ahead...
Euro thumped by speculation of further policy easing
Wednesday, 27 August 2014, 09:34
Last update: about 13 years ago
Malta Independent
The euro crumbled under pressure and fell to almost a year’s low against the dollar as euro zone bond yields slipped to all-time lows as market analysts predict data will show confidence soured in the...
Better keep an eye on safe haven currencies today
Tuesday, 26 August 2014, 11:36
Last update: about 13 years ago
Malta Independent
Following, Yellen’s speech we have seen some profits taking on the greenback, the JPY gained some strength against the dollar and USD/JPY tested again the 103.75 support overnight. EUR/USD looks...
Euro slips as Draghi signals more action
Monday, 25 August 2014, 09:14
Last update: about 13 years ago
Malta Independent
European Central Bank President Mario Draghi signalled more policy easing as he noted inflation expectations have declined and that policymakers will respond with all its “available” tools....
Hawkish Fed pushes buck to 11-month high
Thursday, 21 August 2014, 09:14
Last update: about 13 years ago
Malta Independent
The US dollar soared to an 11-month high after minutes from the Federal Reserve’s July FOMC meeting carried a slightly hawkish tone. The greenback rose to its highest since last September against the...
All eyes of Fed talk today; USD gathers strength
Wednesday, 20 August 2014, 09:21
Last update: about 13 years ago
Malta Independent
As a broader gauge of sentiment we see that major US equity indices were positive yesterday at close, while Asia turned mixed this morning. Yesterday a benign reading for US inflation and stronger...
USD in support as 10-yr yields improve
Tuesday, 19 August 2014, 09:16
Last update: about 13 years ago
Malta Independent
In the FX markets the USD was seen garnering support this morning, as 10-year benchmark yields in the US managed to bounce off from Friday’s lows. In the US as well, NAHB Housing Market Index for...