Category: All Category

10 Oct

Forex – Yen Gains In Early Asia Ahead Of Current Account Data

Investing.com – The yen gained slightly in Asia on Tuesday with current account figures ahead, while the Aussie inched higher as well ahead of closely-watched business surveys. USD/JPY changed hands at 112.65, down 0.03%, while AUD/USD traded at 0.7753, up 0.01%. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was […]

06 Oct

Mexico warns U.S. against ‘protectionist war,’ peso weakens

MEXICO CITY (Reuters) – Mexican officials warned on Thursday that U.S. proposals in ongoing NAFTA negotiations would result in protectionism and higher prices rather than free trade, as concerns about the future of the deal helped drag the peso to four-month lows. Negotiators from Canada, Mexico and the United States are due to begin a […]

06 Oct

Dollar hits seven-week highs before U.S. jobs data; sterling slips

By Masayuki Kitano SINGAPORE (Reuters) – The dollar touched a fresh seven-week high versus a basket of currencies on Friday, supported by hopes for progress on U.S. tax reforms, with traders looking to U.S. jobs data for near-term catalysts. Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, with the […]