Chinese manufacturing was sluggish for the fifth month running, a new survey shows, while the strengthening greenback sends the Aussie below US73c The Australian dollar fell to a fresh ... Read More
A spike in U.S. and German debt yields reduced the appetite for riskier assets to keep Asian share markets subdued on Wednesday, while the euro held gains made on ... Read More
* USD touches 124.30 yen, highest level since December 2002 * Traders are wary of verbal intervention from Japanese officials * Aussie drops after disappointing capex data The dollar hit ... Read More
Chinese stocks fell on concern recent gains were excessive, while Indonesia’s rupiah weakened after the economy contracted. Australia’s currency rose amid speculation the central bank will refrain from further ... Read More
Dollar broadly firm, US housing data beats expectations Euro hurt by concerns over Greece BOE minutes less dovish than expected, wrong footing markets Swiss franc under renewed pressure The ... Read More
Asian markets stumbled on Wednesday as relief China had matched its own growth target was soured by poor readings on consumer demand and industrial activity, underlining the need for more policy ... Read More
Nervous markets will favour the greenback as a traditional safe-haven asset, but not the Australian dollar. Volatility is creeping back into the market and creating headaches for foreign exchange ... Read More
Asian stocks sagged on Tuesday amid ongoing growth concerns, while the Australian dollar plumbed six-year lows after the Reserve Bank of Australia cut interest rates to a record low. MSCI’s broadest index ... Read More
The Australian dollar has plummeted to its lowest level in five-and-a-half years. At noon today, the local currency was trading at 80.95 US cents, down from 81.37 cents on ... Read More
The yen strengthened after falling to a seven-year low against the dollar as demand for safer assets revived following a report that showed Japan’s economy unexpectedly sank into a ... Read More
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