By FXStreet The bears took a breather from their downward spiral following the release of a touch better Chinese CPI and PPI figures, now allowing a tepid-bounce from
By FXStreet Japanese economy minister Ishihara crossed the wires earlier today, noting that both the monetary policy as well fiscal reforms are needed to boost growth. Key Quotes:
By FXStreet The in-line with expectations Chinese CPI data provided the much-needed respite to the AUD bulls, sending AUD/USD back on the bids beyond 0.73 handle. AUD/USD supported
By FXStreet China Consumer Price Index (MoM) came at -0.2% in April, in line with forecasts of -0.2%, with the yearly reading at 2.3%, slightly below forecasts of
By FXStreet Analysts at NAB noted that a credit-fuelled rebound in China’s construction activity has breathed new life into the country’s beleaguered steel industry. Key Quotes: “The sector
By FXStreet Nomura’s model projects the fix to be higher by 93 pips from the previous fix (6.5198 from 6.5105) and higher by 130 pips from the previous
By FXStreet Analysts at Westpac noted the conditions in the antipodeans overnight. Key Quotes: “AUD/USD fell from 0.7370 in the London morning to 0.7308, a low since 3
By FXStreet AUD/JPY is consolidated and the bulls are defending the 79.0 handle after the sharp decline seen in early Asia today within the choppy sideways 50 pip
By FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the dollar’s gains extended this Monday, with commodity-related currencies suffering the most, as oil and gold turned sharply
