GBP/USD HITS 8 MONTH LOW AMID BOE EASING CONCERNS
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%. Read More
AUSTRALIA: AUST Q2 INFLATION REVISED DOWN
ABS revised Australia Q2 inflation down to 0.7% from +0.9% and weighted median inflation now +0.5% from +0.9%. Read More
Tags: ABS, AUSTRALIA, Australia Q2 inflation, Q2 INFLATION | Posted under Forex Market News | No Comments
AUSTRALIA: RBA MORE LIKELY TO PAUSE, EVEN CUT
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. Read More
JAPAN: BOJ MIYAO WARNS ON RISING EUROPE DEBT
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 heighten ing. Read More
EU: PORTUGAL HIT BY PERIPHERAL CONCERNS
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. Read More
EU: HELP FOR GREECE ONLY IF TROIKA CRITERIA MET
German Finmin Wolfgang Schaeuble says Europe will only help Greece reform if it meets conditions set by "troika". Read More
EU: Greek Default Worries Slam Banks
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. Read More
Tags: GREEK DEFAULT, GREEK DEFAULT WORRIES SLAM BANKS | Posted under Forex Market News | No Comments
USD/CAD bounces off 2-day low
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. Read More
AUD/USD bounces up
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. Read More
Euro rebounded from a seven-month low
The euro rebounded from a seven-month low against the dollar in late trade on Monday. Read More
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