Reuters: FOREX-Dollar falls to three-week low vs yen, euro hurt by data

Posted On: May 31, 2013
From Reuters: U.S. consumer spending fell in April for the first time in almost a year and inflation pressures were subdued, pointing to a slowdown in economic activity and supporting expectations of... [More]

Category: Media Coverage

The Age: Travellers stock up on dollars ahead of predicted fall

Posted On: May 31, 2013
From The Age: The Reserve Bank of Australia moved to help reduce the value of the Australian dollar by cutting interest rates this month. It is set to meet again next Tuesday, and markets are betting... [More]

Category: Media Coverage

The Wall Street Journal: New Zealand Dollar Falls, Supported at US$0.8003

Posted On: May 31, 2013
From The Wall Street Journal: The New Zealand dollar fell late Friday, adding to losses overnight after the country's central bank governor said Thursday it was prepared to take more steps to cool an... [More]

Category: Media Coverage

Euro slips from three week high against dollar

Posted On: May 31, 2013
The common currency of the European Union dove from its three-week high against the U.S. dollar in the aftermath of weak retail sales data released by the strongest economy in the 17-nation bloc, according to Bloomberg. [More]

Category: Industry News

Business Recorder: Dollar rebounds in New York

Posted On: May 30, 2013
From Business Recorder: The dollar rebounded against the euro and yen on Tuesday after robust US economic data reinforced expectations the Federal Reserve may start unwinding its stimulus program ove... [More]

Category: Media Coverage

The Economic Times: Sterling rises against weaker dollar but gains seen limited

Posted On: May 30, 2013
From The Economic Times: Weak equity markets caused the dollar to fall sharply against the yen and pushed the U.S. currency lower across the board, including against sterling, as investors took profi... [More]

Category: Media Coverage

Yen climbs against dollar as questions mount about monetary easing

Posted On: May 30, 2013
The monetary unit of Japan advanced on Thursday against the U.S. dollar on foreign exchange markets amid data noting investors from the Pacific Rim nation were net sellers of international debt for a second week, according to Bloomberg. [More]

Category: Industry News

FX-MM: Profit-taking on the greenback’s record-breaking rise likely and may come following today’s updates in Europe

Posted On: May 29, 2013
From FX-MM: Publication date: 29 May 2013Author: Nawaz Ali, Western Union Business Solutions US dollar outperformance continues to be the theme in currency markets today after record high US consume... [More]

Category: Media Coverage

Aussie drops against greenback as RBA plans to meet next week

Posted On: May 29, 2013
The monetary unit of Australia slumped to its lowest value since late 2011 on Wednesday against the U.S. dollar on foreign exchange markets, according to Bloomberg. [More]

Category: Industry News

Reuters: FOREX-Dollar rises as data prompts talk of Fed unwinding stimulus

Posted On: May 28, 2013
From Reuters: Wall Street posted sharp gains, while benchmark U.S. 10-year Treasury yields rose to their highest in more than a year after the data, suggesting the world's largest economy was on a st... [More]

Category: Media Coverage