Search Results for: Federal Reserve
Aussie near 3-week highs, kiwi steady after OPEC deal
September 29th, 2016
The Australian slid lower against its U.S. counterpart on Thursday, after hitting a three-week high earlier in the session, while the New Zealand dollar held steady following news an production cap deal was struck by major oil producers. AUD/USD fell ...
Asia markets rally after oil prices surge on OPEC production cut deal
September 29th, 2016
The overnight rally in oil prices amid reports that oil producers finally agreed to cut production levels sent Asia markets higher on Thursday. Australia’s ASX 200 was up 1 percent in afternoon trade, with the energy sector rallying 6.54 percent, while ...
Dollar edges up from one-month low v.s. yen; euro nurses losses
September 28th, 2016
The dollar rose versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over the health of the European financial system. The dollar JPY= rose 0.2 percent to 100.69 yen, regaining some footing after ...
Dollar sways versus yen and euro, U.S. presidential debate awaited
September 26th, 2016
The dollar wobbled against the yen and euro on Monday, cautiously held in a narrow range ahead of the impending first debate between U.S. presidential candidates that could determine the currency’s near-term direction. The greenback was off lows versus ...
Japan issues fresh warning against excessive yen rises
September 23rd, 2016
Japanese authorities are ready to act against excessive yen rises, the government’s top spokesman said on Friday, issuing a fresh warning to markets against recent yen gains that could hurt the country’s export-reliant economy. The dollar fell to a ...
Gold prices rise after Fed holds rates but high won’t last, says CEF CEO
September 22nd, 2016
Gold prices hit their highest level in 12 days after the Federal Reserveheld interest rates, but this rally may well be the last in the short-term, one gold pro says. Warren Gilman, chairman and CEO of CEF Holdings, the told CNBC’s “Squawk ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
Fed expected to keep rates unchanged, may signal year-end hike
September 21st, 2016
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a hike by the end of the year. The U.S. central ...
Japan Stocks Surge as BOJ Stimulus Tweaks Weaken Yen; Oil Jumps
September 21st, 2016
Dollar gains versus most peers ahead of Fed policy decision European, U.S. equity index futures advance; nickel falls Japanese stocks rallied, leading gains in Asia, as tweaks to the Bank of Japan’s monetary policy weakened the yen and lifted ...
Oil-price gains wiped out as traders look to central banks
September 20th, 2016
Oil futures eased in early Asia trade Tuesday, wiping out overnight gains during the New York trading session, as traders await the outcome of the U.S. and Japan central banks policy meetings. On the New York Mercantile Exchange, light, ...
