Search Results for: US Dollar
Detroit, hold-out creditors must go to bankruptcy mediation: judge
August 27th, 2014
Detroit and its major hold-out creditors were ordered on Tuesday into mediation, just a week before a key federal court hearing is to start in the city’s historic bankruptcy case. The move followed a Monday hearing before U.S. Bankruptcy ...
Gold at $1275 on Stronger U.S. Dollar
August 26th, 2014
Gold settled near its lowest in two months on Monday, pressured by a stronger U.S. dollar and a rally in global financial markets. U.S. gold futures ended $1.30 lower at $1,278.90 an ounce. Spot gold was down 0.2 percent ...
Euro falls, stocks rise on ECB stimulus bet
August 25th, 2014
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...
Dollar flatlines ahead of Yellen, Draghi at Jackson Hole
August 22nd, 2014
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
China August HSBC Flash PMI Slips to Three-Month Low
August 21st, 2014
Growth in China’s vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy. The HSBC/Markit Flash China Manufacturing ...
HKMA reaction to US sanctions over StanChart
August 20th, 2014
Following the New York Department of Financial Services allegations against Standard Chartered Bank as announced yesterday, the Hong Kong Monetary Authority has issued a notice informing that it has taken note of the action. The Hong Kong Monetary Authority (HKMA) ...
George Soros bets $2B-plus on stock market collapse: industry insiders
August 20th, 2014
Billionaire businessman George Soros has upped his ante in what some industry insiders say in his long-running bet that the United States will suffer a massive stock market collapse in the coming months. The most recent 13-F filing Mr. ...
Singapore Dollar’s Losses to Ringgit Seen Widening: Asean Credit
August 19th, 2014
The diverging economic fortunes of two Southeast Asian neighbors are prompting PineBridge Investments to favor Malaysia’s ringgit over Singapore’s dollar. The ringgit has gained 4% to 2.53 per Singapore dollar since reaching a 16-year low of 2.63 in February, ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Technical Analysis AUD/USD – Rallies Back Above Key 0.93 Level
August 14th, 2014
Technical Analysis AUD/USD for Thursday, August 14, 2014 The Australian dollar is trading in a very small trading range right on top of the key level at 0.9300 after pushing up well over the last day or so. In ...
