Kiwi Hits 3-Year High Versus US Dollar
May 30, 2011 10:36 am by Russell GlaserOvernight the New Zealand dollar reached its highest level versus the US dollar since February 2008 on the strength of significantly better than forecasted trade balance data as the Kiwi builds on gains from last week.
USD Unlikely to Extend Gains with Trade Balance Figure
April 12, 2011 6:26 am by Dan EduardYesterday saw a mixed trading session for both the USD and CAD. While both recorded gains against the British pound throughout the day, the yen was able to develop serious bullish momentum in overnight trading, and took in well ...
Pound Comes Into Focus Today
March 10, 2011 7:27 am by Anton EljwizatWith the release of British interest rates this morning, markets will be focusing on the BOE and how the bank addresses inflation.
USD Bullish as Euro Zone Debt Concerns Reemerge
February 11, 2011 7:00 am by Greg HoldenRecent data out of the United States has helped boost the strength of the dollar in recent trading. The USD climbed against most of its currency rivals in trading yesterday as euro zone debt concerns flared up and US unemployment ...
AUD Takes Dive Following Employment Reports
January 13, 2011 7:30 am by Greg HoldenAt the start of today’s economic calendar there was a severe blow to the Australian dollar. Amid the horrendous floods presently afflicting the nation, the Australian employment change report also came out well below forecasts and, despite a decrease in ...
EUR Plummets on Peripheral Debt Concerns
November 9, 2010 5:38 am by Greg HoldenDebt concerns across the euro zone have pushed the EUR back down against its primary rival, the US dollar. Falling from its recent high of 1.4271, the EUR/USD pair now trades below the 1.3900 mark. Irish debt concerns, and other ...
GBP in the Spotlight with Asset Purchase Facility and Official Bank Rate
September 9, 2010 9:43 am by Greg HoldenThe EUR has been falling against a number of its currency rivals over the past day-and-a-half due to a sudden rise in risk aversion. However, yesterday’s successful debt auction in Poland and Portugal helped add a minor boost to the ...
British Trade Balance Report Set to Create Market Volatility
May 12, 2010 2:02 pm by Anton EljwizatWhat is the "Trade Balance"? The British Trade Balance report is an indicator that measures the difference in value between imported and exported goods and services during the reported month. A positive number indicates that more goods and services were exported ...
