ECB no change, but Draghi talks down euro strength
Wednesday, 9 April 2014, 15:39
Last update: about 13 years ago
Malta Independent
Much of investor focus last week went to the ECB policy rate decision and the subsequent communication delivered last Thursday, and the US payrolls data issued last Friday. As can be expected ahead of...
Risk aversion benefits gold
Tuesday, 8 April 2014, 09:09
Last update: about 13 years ago
Malta Independent
Wall Street closed in the red for its third consecutive day led by the tech sector sell off. US trading session weighed on Asian equities too and the Nikkei ceded 1.36% today....
USD holds on to previous gains against the euro
Monday, 7 April 2014, 09:22
Last update: about 13 years ago
Malta Independent
The US economy created 192k jobs throughout the month of March, actually easing from a previous 197K (this was revised higher from 175k). While in itself the figure at least maintains its current...
Investors totally focused on US Payrolls
Friday, 4 April 2014, 09:22
Last update: about 13 years ago
Malta Independent
Today it’s all about US Nonfarm payrolls. The economic docket is relatively quiet ahead of the release of this US data, so more than ever we should expect US Payrolls to get the limelight. Amongst the...
Dollar buoyed by strong data expectations
Thursday, 3 April 2014, 09:02
Last update: about 13 years ago
Malta Independent
The dollar edged higher on Thursday, up to a two-month high against the Japanese yen, before key data from the US. The Bloomberg Dollar Spot Index trades at its highest level in two weeks....
Yellen confirms need for support as ‘slack’ in economy persist
Wednesday, 2 April 2014, 13:55
Last update: about 13 years ago
Malta Independent
In contrast to a press conference following her first FOMC meeting as Federal Reserve Chairman, Janet Yellen gave what many considered a very dovish speech on Monday, highlighting the slack in the...
USD/JPY marking fresh 3 month highs
Wednesday, 2 April 2014, 09:21
Last update: about 13 years ago
Malta Independent
US equities closed in the green yesterday encouraged by improving construction and manufacturing data from the US for March. In Asia equities took the positive handover with the Japanese Nikkei...
RBA stays on hold
Tuesday, 1 April 2014, 09:23
Last update: about 13 years ago
Malta Independent
The USD is on the defensive this morning despite continuing to cede ground to the euro. The EUR/USD has been testing higher ground since last Friday. Despite this move higher the greenback has so far...
Euro softer ahead of CPI estimates
Monday, 31 March 2014, 09:26
Last update: about 13 years ago
Malta Independent
The euro looks hesitant this morning, while gaining against the Aussie it is mostly flat across the rest of the majors. We see the EUR/USD just 50 pips off last week’s lows – currently at 1.3750. The...