U.S. trade sector a big support for the economy. The U.S. international trade deficit improved modestly to US$56.45 billion from…
Mid-Day Report: Yen Surges on Risk Aversion and Yuan, Dollar Benefited
The Japanese yen surges across the board today pushing through 111.59 against the greenback. While risk aversion on further credit…
US Import Price Growth Posts Sharpest Gain In Two-Year, Trade Balance Narrows Slightly
The US import price index rose 1.8 percent during the month of October and rocketed to a two-year high of…
Canadian Trade Surplus Lowest Since 1998
Commodity exports may not be able to sustain Canada’s long-running trade surplus if the nation’s currency sustains its recent record…
Currency Updates: A Storm for Majors
The Euro was more or less volatile inclining at the start of today’s session then gradually declining to end now…
Credit Fears Boost Yen
The break of 112.0 will increase the risk of short-term dollar losses to 110.0 against the yen. The Finance Ministry…
Yen Surges On Risk Aversion; Can US Import Prices Spark A Dollar Bid?
Both EUR/USD and GBP/USD held to 50 point ranges overnight, as minimal news flow left the pairs to consolidate yesterday’s…
Currency Currents: An Ugly Contest Indeed!
The dollar is getting hit against the Europeans and the yen. The yen is the big winner on the Chinese…