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By Neal Armstrong and John Detrixhe, Bloomberg |
May 8, 2013
New Zealand’s dollar fell to a five-week low vs. its U.S. counterpart after Reserve Bank Governor Graeme Wheeler said the central bank has sold the currency and may do so again to boost exports.
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By Anthony Lazzara |
May 7, 2013
First, the Aussie Central Bank cut interest rates, which has sparked Aussie dollar selling. Second, rumors of legendary trader George Soros taking a big short position in this currency also probably stoked some added selling as well.
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By Lucy Meakin, Bloomberg |
May 7, 2013
The euro strengthened against the dollar and yen after German factory orders unexpectedly increased in March, suggesting the region’s largest economy is starting to grow again.
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By Press Release |
May 6, 2013
Court enters order freezing Defendant’s assets and protecting books and records.
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By Anthony Lazzara |
May 6, 2013
The Euro currency has been in somewhat of a trading range as of late, but we believe the market is vulnerable to a move to the downside, as the ECB is being very dovish.
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By Fion Li, Bloomberg |
May 6, 2013
The yuan fell in Hong Kong’s offshore market by the most in 15 months and the onshore spot rate retreated from a 19-year high as China stepped up scrutiny of cash transfers from abroad.
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By Lukanyo Mnyanda and John Detrixhe, Bloomberg |
May 6, 2013
The yen fell for a third day, trading at almost 100 per dollar, as a decline in the U.S. jobless rate to a four-year low fueled optimism that growth is gathering pace and reduced demand for Japan’s currency as a haven.
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By Lucy Meakin, Bloomberg |
May 2, 2013
The euro weakened for the first time in four days against the yen amid speculation the European Central Bank will cut interest rates to a record-low 0.5 percent at a meeting today.
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By Justin Pugsley |
May 1, 2013
Eurozone unemployment levels are hitting new records whilst inflation is softening and with much of the continent mired in an economic depression hopes are running high that the ECB will cut interest rates.
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By Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
