Category: All Category

03 Jul

Dollar supported by sagging euro, bubbling trade tensions

TOKYO (Reuters) – The dollar held firm on Tuesday, as political uncertainty in Germany weighed on the euro, after German Chancellor Angela Merkel’s interior minister offered to quit in an escalating row with a key coalition partner over migration policy. The euro was little changed at $1.1641 (EUR=) after shedding 0.45 percent overnight. Trade tensions […]

02 Jul

AUD/USD: steady on Chinese data, traders await further key events

We have had the release of the China Caixin Manufacturing PMI for June. AUD/USD has not budged on the back of the first Chinese event for the week. AUD/USD currently stands at 0.7390 having traded at a high of 0.7405 and a low of 0.7389. For the first scheduled event from the calendar for China […]

02 Jul

Euro slips as German coalition crisis deepens, Mexican peso firms

By Hideyuki Sano TOKYO (Reuters) – The euro slipped back in early Monday trade after German Chancellor Angela Merkel was dealt a fresh blow when her interior minister offered to quit in an escalating row over migration policy. Interior Minister Horst Seehofer, who has called for tougher border controls, said he was ready to step […]