JPY suffers from significant trade balance deficit
Monday, 21 April 2014, 08:38
Last update: about 13 years ago
Malta Independent
Major driver overnight is definitely coming from Japan, which is suffering from its second largest trade deficit on record. As a result, USD/JPY spiked to 102.705 and the Nikkei performed slightly....
Greenback edges towards weekly gain against major peers
Friday, 18 April 2014, 08:32
Last update: about 13 years ago
Malta Independent
Encouraging data from the US yesterday set the greenback towards weekly gains against the euro and the yen, while forex investors unwound some of their safe-haven bets on hopes of a diplomatic...
Dollar slips as Fed reiterates its support
Thursday, 17 April 2014, 09:20
Last update: about 13 years ago
Malta Independent
The dollar trimmed some of its earlier gains from this week after Federal Reserve Chairman Janet Yellen reiterated a “continuing commitment” to support the recovery....
Draghi talks easing; Tensions in Ukraine escalate
Wednesday, 16 April 2014, 15:10
Last update: about 13 years ago
Malta Independent
The week started with some agitation on financial markets with several currency pairs opening with large gaps from last week’s close. European Central Bank President Mario Draghi revived talk over...
Chinese growth figures support the Aussie
Wednesday, 16 April 2014, 09:05
Last update: about 13 years ago
Malta Independent
Wall Street closed in the green saved by a late rally which encouraged Asian equities to perform well also lifted by better than expected economic growth for China, the Nikkei gained +3.01%....
Strong retail sales lift dollar
Tuesday, 15 April 2014, 09:10
Last update: about 13 years ago
Malta Independent
The dollar held on to its gains after opening sharply higher against the euro on Monday. The greenback extended its gains versus the single currency on Tuesday...
EURUSD reaches 1.39 as USD continues to weaken
Friday, 11 April 2014, 09:21
Last update: about 13 years ago
Malta Independent
US equities closed in the negative yesterday. Weekly Jobless claims surprised positively and while initially the USD reacted positively the gains were short lived. USD/JPY is marking 3-week highs as...
EURUSD reaches 1.39 as USD continues to weaken
Friday, 11 April 2014, 09:21
Last update: about 13 years ago
Malta Independent
US equities closed in the negative yesterday. Weekly Jobless claims surprised positively and while initially the USD reacted positively the gains were short lived. USD/JPY is marking 3-week highs as...