Category: All Category

17 Nov

Dollar steadies as risk aversion ebbs, yields rise

By Shinichi Saoshiro TOKYO (Reuters) – The dollar steadied on Friday after coming off the week’s lows against its peers as earlier risk aversion in global financial markets receded, pushing up U.S. yields. The dollar index against a basket of six major currencies (DXY) was little changed at 93.822. The index had edged up overnight to pull […]

14 Nov

Forex – AUD/USD Edges Higher, Kiwi Drops in Late Trade

Investing.com – The Australian dollar edged higher against its U.S. counterpart on Tuesday, while the New Zealand dollar dropped after the release of downbeat Chinese economic reports and as investors eyed upcoming speeches by a number of central bank officials. AUD/USD edged up 0.10% to 0.7631, just off Monday’s five-month low of 0.7610. Earlier Tuesday, the […]

14 Nov

Forex – Aussie Holds Gains Despite Weaker China Data, NAB Surveys Support

Investing.com – The Aussie held gains in Asia on Tuesday despite weaker than expected data from China on retail sales and industrial output and supported by business sentiment surveys domestically. USD/JPY rose 0.07% to 113.70, while AUD/USD gained 0.04% to 0.7626. In China, fixed-asset investment gained 7.3%, a tad weaker than the 7.4% increase seen in October on year, along […]