At 2.00 am ET Thursday, Destatis has released German foreign trade figures. The euro changed little against its major counterparts following the data The euro was trading at 124.77 against the yen, 1.0790 against the franc, 0.9007 against the pound and 1.1773 against the greenback around 2:03 am ET.
Australia's central bank retained its benchmark interest rate at a historic low and quantitative easing unchanged as expected ahead of the federal budget announcement later today. The board of Reserve Bank of Australia, governed by Philip Lowe, decided to maintain cash rate and the targeted yield on
The coronavirus alert level in Auckland will be brought down to Level 1, in line with the rest of the country. NZD and AUD are both gaining a little ground as Asai gets more active, sentiment has been getting a boost from a few directions on the session - Trump news is positive.
EUR/GBP stayed in consolidation below 0.9291 last week and outlook is unchanged. Initial bias stays neutral this week for some more consolidations. But further rally will remain in favor as long as 0.9067 support holds. On the upside, break of 0.9291 will extend the larger rise from 0.8670 and targe
Taiwan's central bank left its key interest rate unchanged as expected and lifted its growth outlook for this year citing strong exports of goods following the easing of the coronavirus containment measures by trading partners. Policymakers decided to hold the benchmark rate at a record low 1.125
Dollar trades generally soft in Asian session but losses are so far limited. The greenback is actually still staying above last week’s low against all but Yen and Kiwi. Major focus will turn to FOMC today and traders could finally commit to a direction, after getting Fed’s new economic projections.
Market Review - 12/08/2020 23:49GMT Dollar falls as stimulus talks reach an impasse The greenback erased intra-day gains made in Asia and began its intra-day descent in European morning and ended Wednesday lower against majority of its peers, except for the safe-haven Japanese yen due to standst
CME Group’s preliminary figures for Crude Oil futures markets noted traders increased their open interest positions by around 30.3K contracts on Tuesday, reaching the largest single-day build since July 14. In the same line, volume went up for the second session in a row, now by more than 259K contr
Analysts at Goldman Sachs have raised their 12-month price target for gold to $2,300 per ounce from the previous forecast of $2,000. The yellow metal rose to a fresh record high of $1,981 per ounce on Tuesday, having surpassed the previous lifetime high of $1,921 on Monday. At press time, gold is up
Photo: Bloomberg By the year 2021, cybercrime damage is projected to hit $6 trillion per year. The prediction by Cybersecurity Ventures sees the numbers double from $3 trillion in 2015. So how are businesses and corporations alike supposed to protect themselves from falling victim to this costly a
AUD/USD seesaws between 0.7130 and 0.7156 after stepping back from fresh 15-month high of 0.7183. The latest updates on US-China tussle challenge hopes of further stimulus, vaccine news. Wall Street offered mild gains after a volatile session, Gold and US dollar stay on the previous path. Aussie NAB