Search Results for: euro
U.S. Treasury Prices Rally on Weak Equities
July 9th, 2014
U.S. Treasury yields fell on Tuesday after the U.S. government’s auction of 3-year Treasury notes, the first of three debt auctions this week. The Treasury Department auctioned $27 billion in three-year notes at a high yield of 0.992 percent, ...
U.S. Dollar Remains Lower Before Fed Minutes
July 9th, 2014
A gauge of the dollar remained lower before the Federal Reserve releases minutes of its most recent meeting amid speculation an uneven economic recovery will prompt policy makers to hold borrowing costs near zero. The greenback held losses from ...
Technical Analysis EUR/USD recovers
July 9th, 2014
Technical Analysis EUR/USD for July 9, 2014 Pair’s Outlook The Euro is currently undergoing a correction after a July decline. This rally should be stopped at 1.3641/16, where the monthly pivot point merges with the 55-day SMA. Additional resistances ...
Kiwi near 3-year high; dollar awaits Fed minutes
July 9th, 2014
The Kiwi, New Zealand dollar, hovered near a three-year high on Wednesday, buoyed by the prospect of a sovereign rating upgrade, while the U.S. dollar held steady ahead of minutes of the Federal Reserve’s latest policy meeting. Against a basket of ...
Russia’s Grip Over EU Energy Unlikely to Change Soon
July 9th, 2014
The European Union’s initial resolve at breaking its dependence on Russian energy after the Ukraine crisis erupted appears to be giving way to a realization that its giant eastern neighbor will continue to be Europe’s main supplier of natural ...
Technical Analysis USD/JPY: Yen Strengthens Ahead of FOMC Minutes
July 8th, 2014
Technical Analysis for USD/JPY USD/JPY continues to post losses on Tuesday, as the pair trades in the mid-101 range late in the North American session. There are no major releases on today’s schedule. In Japan, Economy Watchers Sentiment fell short ...
EUR/USD: Listless as German Trade Balance Improves
July 8th, 2014
EUR/USD is showing little movement on Tuesday, as the pair trades just below the 1.36 line. There are no major releases on today’s schedule. In the Eurozone, German Trade Balance posted a wider surplus, as the indicator hit an ...
FMA issues New Zealand’s first licence for peer-to-peer lending services
July 8th, 2014
The Financial Markets Authority (FMA) has issued its first peer-to-peer lending service licence. Auckland-based Harmoney is the first provider of this new financial service, under the provisions of the Financial Markets Conduct Act 2013. “This is a new service ...
GBP Is A Bad Apple While Dollar Is Squeezed
July 8th, 2014
Not the ideal start to a week where many expected more enthusiasms being expressed across the various asset classes, especially after last week’s stronger US employment headline print. Maybe the market is priming itself for the summer doldrums? The ...
Commerzbank Shares Fall on News of Settlement Talks
July 8th, 2014
Shares in Commerzbank fell about 3.5 percent on Tuesday following news that Germany’s second-largest lender could be the latest European institution to settle with the American authorities over suspicions that it violated sanctions. The broader German stock market was ...
