China buying record gold levels from Hong Kong
Gold imports by China from Hong Kong more than doubled to an all-time high in March as buyers in the...
GBP/USD – Pound Weakens, Testing 1.55 Line
GBP/USD continues to edge lower in Tuesday trading. The pound, which touched 1.5598 on Monday, is ...
USD/CAD – Little Change as Canadian Numbers Mixed
USD/CAD continues to trade in a narrow range in Tuesday trading. The pair was trading in the mid-1.0...
AUD/USD – Slides as RBA Cuts Rates
The Australian dollar continues to slide, as the Reserve Bank of Australia cut its benchmark interes...
EURO’s Zest For Loftier Heights
If we did not have the Aussies, the RBA, or Governor Glenn Stevens, this would have been another bla...
USD/JPY – Rangebound Trading Continues
USD/JPY is steady in Tuesday trading, as the pair trades in the low-99 range in the European sessi...
EUR/USD – Draghi Leaves Door Open Further Cuts
EUR/USD was volatile after last week's rate cut, but this week is a different story. The pair h...
Gold Drifts Below 1460 as Equities Gain
Gold eased on Tuesday, losing its shine as an alternative investment after stock markets rallied on ...
Korean Won Near 8-Week High on Concerns of Intervention
The won fluctuated near an eight-week high against the dollar amid concern South Korean authorities ...
Asian Stocks Continue Rally on Tuesday
Asian stocks rose for a second day and Japan’s Topix Index erased losses from the 2008 collapse of...
EUR/USD at 1.3080 as Europe’s Factories Seen Slowing
The euro held a loss against the dollar before data forecast to show factory activity slowed in Euro...
USD/CAD at 1.0070 as Building Permits Rise
The Canadian dollar strengthened against almost all of its most-traded counterparts after a governme...
China Aims to Loosen Control of Yuan
China will propose a plan this year for allowing yuan capital-account convertibility as part of meas...
IMF Reports Greece Has Made Progress Warns about Tax Evasion
Debt-laden Greece has made progress in improving its finances, but the country must do more to fight...
Russia Extends Maturity and Cuts Rate on Cyprus Bailout
Russia is extending the maturity and reducing the interest on its loan to Cyprus, a document prepare...
GBP/USD – Edges Lower in Thin Trading
GBP/USD is quiet in Monday trading, as markets in the UK are closed for a holiday. The pair briefly...