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Micro Cap12,280.13 -0.37

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Forex News


Goldman Fund Manager Sees RBA Cuts on Aussie: Australia Credit


The Australian dollar’s surge to a four-month high is keeping alive the prospect of a reduction in interest rates for Goldman Sachs Asset Management, even as four in five economists polled say the central bank’s easing is done. Governor Glenn Stevens

Why Investors Cannot Claim their Lost Virtual Currencies?


While the context in this article focuses mainly on Bitcoins, but speaks also of its alternatives such as Litecoin, Dogecoin, Peercoin, and others. ForexMinute.com – It is indeed bad news for investors that the lawmakers don’t have any significant role

Big Move Ahead as Euro’s Fate Depends on Outcome of ECB Meeting


The European Central Bank’s dovish rhetoric show hit the road this week as policymakers continued the pushback against the perceived hawkish nature of the March policy meeting. Several different policymakers commented on the fragmented state of

Dollar reserve role secure but set to shrink: BIS


(Reuters) - The dollar's share of central bank reserves may fall by as much as 10-15 percentage points in coming years without threatening its role as the world's main reserve currency, a senior official from the Bank of International Settlements said on

Dollar Pulls Back From 3-Week High Versus Euro


The dollar's rally versus the euro fizzled out on Friday despite positive U.S. economic data and talk of stimulus from the European Central Bank. Traders showed more appetite for risk amid news that China will spend on massive infrastructure projects to

Dollar pushes higher vs euro for 3rd day


NEW YORK: The dollar sustained its rebound against the euro for a third straight session Thursday helped by an increased estimate of US fourth quarter growth and more sluggish data from Europe. At 2100 GMT, the euro was at $1.3742, compared to $1.3781

Yen rises in Asia after upbeat Japan inflation data


TOKYO: The yen inched higher in Asia on Friday after Japan published upbeat inflation data which reduced the immediate likelihood of more easing measures from the Bank of Japan. In afternoon Tokyo trade the dollar bought 102.15 yen, compared with 102.17

Dollar Mixed After Pending Home Sales


Following the release of U.S. pending home sales data for February at 10:00 am ET, the greenback showed mixed trading against other major currencies. While the greenback edged down against the yen and the pound, it changed little against the euro and

Euro on defensive after dovish ECB talk, kiwi flies


(Reuters) - The euro struggled near a three-week low against the dollar on Friday, weighed by recent dovish talk from several European Central Bank (ECB) officials. Buoyed by monetary tightening expectations, the New Zealand dollar continued its bull

Australia & NZ dollar maintain solid momentum against US dollar & euro


SYDNEY/WELLINGTON: The Australian dollar held firm near four-month peaks against its US counterpart and the euro on Thursday, while another set of upbeat data gave the high-flying New Zealand dollar a boost. The Aussie remained sturdy at $0.9224, not far

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