Week in FX Americas – The Loonie’s Flight of Fancy
USD/CAD bulls have been cocksure of themselves this year. Being long dollars against the commodity a...
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Week in FX Asia – PBoC Takes a Run at the Carry Trade
For many months, the market has been talking up the Chinese yuan with many speculators believing tha...
IMF Ready to Act on Ukraine
The International Monetary Fund will answer Ukraine’s call for financial help “at this c...
Japan’s Inflation and Factory Output Fuel Optimism But Could Encounter Reversal
Japan’s recovery is holding steady ahead of a looming sales tax hike, economic indicators show...
Gold Falls On Profit Taking
Gold declined in New York, trimming a monthly advance, as some traders booked profits after prices c...
Oil Falls After US GDP Numbers
West Texas Intermediate and Brent crudes fell for a second day as the U.S. economy expanded at a slo...
US Consumer Sentiment Rises in February
Consumer sentiment rose marginally in February even as concerns about the extreme weather persisted,...
US Pending Homes Rise in January
Contracts to buy previously owned U.S. homes edged up in January after a weather-related hit at the ...
Bernanke Testifies At AIG Trial
Former Fed chairman Ben Bernanke was grilled on Thursday about some of his toughest days in the job....
UK Housing Market Continues Rising At 9.4 Percent YoY Growth
Britain’s buoyant housing market showed no signs of cooling in February with the average price...
Eurozone Inflation Stable But Unemployment Remains at 12 Percent
Eurozone inflation stabilised in February but did not fall as expected. Consumer prices in the 18 co...
Russian Rubble Declines on Ukraine and Weak Fundamentals
The ruble has taken a big hit as political tensions escalate over the fate of Ukraine and the Russia...
Yuan Drops Friday as China Sends Speculators a Message
China let its currency fall sharply again Friday, sending another clear message to speculators that ...
Cyprus Parliament Rejects Privatization Bill Jeopardizing Bailout
International efforts to bail out Cyprus’ debt-laden economy have been thrown into doubt after...
Indian Economic Growth Slows Down At 4.7 Percent in Q4
India’s economic growth rate slowed down in the most recent quarter, according to official fig...
US GDP Revised Down in Q4
The US economy grew at a much slower rate from October to December than originally predicted, the US...
GBP/USD – Pound Pushes Above 1.67 Ahead of Key US Numbers
The British pound has posted slight gains on Friday. In the European session, the GBP/USD is trad...
Week In FX Europe – EUR Shorts Snuffed After CPI
Coming into this week, a percentage of the market was perhaps expecting Draghi and company to be a t...
AUD/USD – Aussie Drifting Ahead of Key US Data
The Australian dollar is trading quietly on Friday, as AUD/USD is trading in the mid-0.89 range. In ...
USD/JPY – Dollar Under Pressure As Japanese Numbers Sparkle
The Japanese yen has edged higher, as USD/JPY trades below the 102 line on Friday. In economic new...