Euro, loonie major losers, yen, kiwi gainers as dollar stabilises Euro is headed south for 14-year low, yen north to 100/dollar if trends remain. Feb 7, 2017By Boby Michael
Australian dollar rises after RBA policy, at 21-month high vs euro The RBA left policy rates unchanged but said that inflation will pick up during this year. Feb 7, 2017By Boby Michael
New Zealand dollar rallies to 5-month high on inflation expectations ahead of RBNZ meet Analysts now predict a rate hike in 2018 though the central bank had forecast to keep rates until end of 2019. Feb 7, 2017By Boby Michael
Canadian dollar down ahead of trade, PMI data as Trump's NAFTA comments weigh If traders prefer to bet more on the loonie downside, USD/CAD can soon rise to levels above 1.3500 from the current 1.30 region. Feb 7, 2017By Boby Michael
Gold up to 12-week high as slow wage inflation reduces Fed hike chances, palladium near 6-year peak Silver and platinum too are trading near multi-month highs. Feb 6, 2017By Boby Michael
Euro falls most among majors amid mixed cues from Germany, EUR/USD parity back in focus Technically, the euro is more poised to the downside rather than the upside despite a slight uptrend in place since January. Feb 6, 2017By Boby Michael
Aussie dollar off 12-week high vs greenback as retail sales data disappoints, NZD up Retail sales in Australia unexpectedly fell 0.1% month-on-month in December when analysts had been expecting a 0.3% gain. Feb 6, 2017By Boby Michael
Indonesian rupiah in tight range vs USD ahead of Q4 GDP data, Trump concerns remain USD/IDR slipped to 13,335 on Friday from the previous close of 13,398, and the gain in the rupiah was well within the 13,200-13,450 per dollar range, in place since January. Feb 5, 2017By Boby Michael
Trump enacts fresh sanctions on Iran to punish its ballistic missile program The US Treasury Department said it has enacted new sanctions on 25 firms or individuals connected to Iran's ballistic missile program. Feb 4, 2017By Boby Michael
Russia leaves rates; says more cuts unlikely this year as inflation risks curbed, growth getting stable The CBR said Russia will near its 4% inflation target and the annual GDP rate will get back to the positive zone this year itself. Feb 3, 2017By Boby Michael
China hikes short-term money market rates unexpectedly The PBOC raised the 7-day, 14-day and 28-day reverse repurchase agreements by 10 basis points each to 2.35%, 2.5% and 2.65% respectively. Feb 3, 2017By Boby Michael
Private sector business conditions weaker in Singapore and Hong Kong: IHS Markit survey The Singapore PMI dropped to a three-month low of 51.6 in January and Hong Kong's fell to 49.9 from 50.3. Feb 3, 2017By Boby Michael
Singapore SIPMM manufacturing PMI rises to 26-month high, SGD rises The Manufacturing PMI increased to 51 in January of 2017 from 50.6 in the previous month. Feb 3, 2017By Boby Michael
Vietnam inflation accelerates to 3-year high; currency drops to 1-month low The CPI inflation rose to 5.22% from a year earlier, its highest since January 2014, and sharply higher than 2016 December's 4.74%. Feb 2, 2017By Boby Michael
Aussie dollar surges to 11-week high vs USD as trade surplus balloons to record curbing recession fears The rising surplus is expected to aid a 0.2-0.4% expansion in GDP, and hence revive hopes of rating upgrade and curb the fears of technical recession. Feb 2, 2017By Boby Michael