GBP/USD HITS 8 MONTH LOW AMID BOE EASING CONCERNS
Last Updated on Wednesday, 14 September 2011 11:41 Written by BingoEnt Wednesday, 14 September 2011 11:40
GBP/USD hit 1.5707 low during early European trade amid BoE easing concerns, the pair’s lowest since January 12; the pair subsequently consolidated at 1.5740, shedding 0.23%.
AUSTRALIA: AUST Q2 INFLATION REVISED DOWN
Last Updated on Wednesday, 14 September 2011 10:30 Written by BingoEnt Wednesday, 14 September 2011 09:55
ABS revised Australia Q2 inflation down to 0.7% from +0.9% and weighted median inflation now +0.5% from +0.9%.
AUSTRALIA: RBA MORE LIKELY TO PAUSE, EVEN CUT
Last Updated on Wednesday, 14 September 2011 10:31 Written by BingoEnt Wednesday, 14 September 2011 09:53
AFR RBA watcher Alan Mitchell: RBA, which has been exhibiting a tightening bias, would be more likely to keep rates on hold or even cut them.
JAPAN: BOJ MIYAO WARNS ON RISING EUROPE DEBT
Last Updated on Wednesday, 14 September 2011 10:32 Written by BingoEnt Wednesday, 14 September 2011 09:52
BoJ Ryuzo Miyao say unorthodox easing has unique side effects that warrant attention. Will take appropriate policy action when needed. Europe debt woes risks are heightening.
EU: PORTUGAL HIT BY PERIPHERAL CONCERNS
Last Updated on Wednesday, 14 September 2011 10:34 Written by BingoEnt Wednesday, 14 September 2011 09:50
IMF mission chief to Portugal Poul Thomsen says Portugal is being impacted by investors concerns about eurozone peripheral countries but direct spillovers or contagion from Greek crisis limited.
EU: HELP FOR GREECE ONLY IF TROIKA CRITERIA MET
Last Updated on Wednesday, 14 September 2011 10:35 Written by BingoEnt Wednesday, 14 September 2011 09:49
German Finmin Wolfgang Schaeuble says Europe will only help Greece reform if it meets conditions set by “troika”.
EU: Greek Default Worries Slam Banks
Last Updated on Tuesday, 13 September 2011 05:35 Written by BingoEnt Tuesday, 13 September 2011 05:32
Global Stock markets swooned on fresh worries that Greece is headed for default and the damage that could do to the region’s banking system, prompting the French govt and BdF to issue unusual statements of support for their banks.
USD/CAD bounces off 2-day low
Last Updated on Tuesday, 13 September 2011 05:20 Written by BingoEnt Tuesday, 13 September 2011 05:20
The U.S. dollar pared losses against its Canadian counterpart on Tuesday, bouncing off a two-day low in volatile trade as markets continued to focus on the euro zone’s sovereign debt crisis.
USD/CAD clawed back from 0.9892, the lowest since September 9, to trade at 0.9914 during U.S. morning trade, still down 0.13% on the day.
AUD/USD bounces up
Last Updated on Tuesday, 13 September 2011 05:16 Written by BingoEnt Tuesday, 13 September 2011 05:16
The Australian Dollar retreated from a 1.0375 high extended during the European session as equity markets dipped into negative territory, to find support at 1.0260 and bounce up, ahead of the US session opening, reaching 1.0350 area, and approaching the top of the near-term range, at 1.0375/80.
Euro rebounded from a seven-month low
Last Updated on Tuesday, 13 September 2011 08:21 Written by BingoEnt Tuesday, 13 September 2011 07:38
The euro rebounded from a seven-month low against the dollar in late trade on Monday following a report that Italy has asked China to make ‘significant’ purchases of Italian debt, but analysts said bearish momentum remained.