EUR/USD News, Page 1

Earlier in the Day:Economic data released through the Asian session this morning was on the heavier side, with key stats released including November’s Business PMI out of New Zealand, 4th quarter Tankan numbers out of Japan ahead of finalized October industrial production numbers due out later in the morning. Out

Asia Moves Higher, Led By China, As Trade Tensions ThawAsian markets moved higher on Thursday as thawing trade tensions support indices around the world. A series of new developments began earlier this week that point to a concrete effort from within China’s ruling party to ease relations with the US

With last month’s U.S. inflation data in the books, the focus now shifts to the European Central Bank and its monetary policy decision on Thursday. This is the last major central bank meeting before the U.S. Federal Reserve’s interest rate decision, monetary policy statement, economic projections and press conference next

The demand for risky assets is gradually recovering, supported by the US-China’s “trade truce” which is not in hurry to ends. Futures on S&P500 rose by 0.4% this morning, after growth by 0.8% the day earlier. The Shanghai A50 is growing by more than 2% in hope of Chinese government

Earlier in the Day:Economic data released through the Asian session was limited to the UK’s RICS House Price Balance numbers for November, weaker numbers brushed aside, leaving sentiment towards U.S – China trade talks to provide direction through the session ahead of the ECB’s monetary policy decision and press conference

Asian Markets Surge On Thawing Of Trade Tensions Indices across Asia surged on signs of thawing trading tensions between the US and China. Where there are still many hurdles to cross three events on Tuesday point to an easing of tensions, de-escalation of threats, and a willingness for the two

Earlier in the Day:Economic data released through the Asian session this morning was on the lighter side, with key stats limited to Westpac consumer sentiment numbers out of Australia and October core machinery orders out of Japan. Later in the morning Japan’s October Tertiary Industry Activity Index is due out,

Asian Markets Were Mixed On Tuesday Asian markets closed mixed on Tuesday following Monday’s wild ride in US equities. The index moves were small in most cases but no two performed quite the same. The Australian ASX led advancing markets with a gain of 0.42% led by the banking sector

Earlier in the Day:Economic data released through the Asian session this morning was on the heavier side, with key stats including November electronic card retail sales out of New Zealand, 4th quarter BSI Large Manufacturing Conditions numbers out of Japan and 3rd quarter house price figures and November business confidence

China Falls On Weaker Than Expected Trade Data Asia markets led the globe lower on Monday morning as weaker than expected trade data raises fears of a global economic slowdown. The Chinese import/export data both missed by large margins raising the possibility China’s government would continue to loosen economic policy

Earlier in the Day:Economic data released through the Asian session this morning included October current account and 3rd quarter GDP numbers out of Japan and October new home loan figures out of Australia.For the Japanese Yen, the numbers were on the disappointing side, with the economy slowing more than had

On the MacroFor the Dollar, it’s another busy week ahead, with key stats including October JOLTs job openings on Monday, November wholesale and consumer price inflation numbers due out on Tuesday and Wednesday. A heavy day of stats on Friday includes October business inventories, November retail sales, and industrial production

Earlier in the Day:Economic data was on the lighter side through the Asian session this morning, with key stats limited to October household spending figures out of Japan.For the Japanese Yen, household spending fell by 0.3% year-on-year in October, which was worse than a forecasted 1.2% rise, following September’s 1.6%

The Arrest Of Huawei CFO Meng Wanzhou Rocks Tech Asian markets were down across the board as trade fears flare-up once again. The CFO of Huawei, a Chinese tech conglomerate, was arrested in Canada and is set for extradition to the US. The arrest is for an alleged violation of

Earlier in the Day:Economic data released through the Asian session this morning was on the lighter side, with key stats limited to October retail sales and trade figures out of Australia.For the Aussie Dollar, the morning’s numbers were mixed, with retail sales coming in ahead of forecasts, whilst trade data

Earlier in the Day:Economic data released through Asian session this morning was on the lighter side, with key stats limited to 3rd quarter GDP numbers out of Australia and China’s November service sector PMI.For the Aussie Dollar, the Australian economy grew by 0.3% quarter-on-quarter in the 3rd quarter, coming up

Asian Markets Were Mixed As Trade-Truce Reality Set InAsian markets closed Tuesday mixed after the realities of the trade-truce set in. The truce is a major step forward and reprieves for a tired market but a long way from a lasting deal. The deal at best is a temporary agreement

Earlier in the Day:It was a quieter session this morning, with economic data released through the Asian session limited to current account figures out of Australia and retail sales numbers out of the UK, neither of which had a material impact on the respective currencies or the markets in general.Of

The U.S. and China have declared a truce in the trade war, and have agreed not to introduce new tariffs, and try to reach an agreement in the next 90 days. As a result, the U.S. dollar has been languishing at lower levels while the stock markets have been rapidly

Earlier in the Day:It was a busy start to December, with key stats scheduled for release including manufacturing, building approval and company gross operating profit numbers out of Australia, capital spending figures out of Japan and manufacturing PMI numbers out of China.For the Japanese Yen, capital spending rose by 4.5%