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Dollar, bond yields rise on Trump tax plan; Asia stocks fall
(Reuters - 28/09/2017)

The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. economic data supported the case for a Federal Reserve rate hike later this year. The dollar’s

Euro slips on political uncertainties, Asia shares fall
(Oman Daily Observer - 26/09/2017)

The euro slipped on Monday after German Chancellor Angela Merkel won a fourth term but faced a fractured parliament as support for the far-right surged, while Asian shares pulled back, weighed by concerns about China’s economy. The New Zealand dollar

Euro slips after German election results
(Reuters - 25/09/2017)

The euro snapped a two-day rising streak and edged lower on Monday after the German election results prompted some investors to lock profits into one of the most profitable currency trades of the year. Money managers have piled into the single currency

After Friday Brexit blip, pound traders to focus on BoE, Moody’s
(Gulf Times - 25/09/2017)

Prime Minister Theresa May’s Brexit speech might have hogged the headlines on Friday, but expect pound traders’ focus to swing back to the Bank of England and a credit-rating downgrade of the UK. Sterling fell as the market’s hopes for a more detailed

Week Ahead: Geopolitics Dampen Dollar Rally
(Seeking Alpha - 24/09/2017)

The US dollar is higher against major pairs at the end of trading on September 22. The NZD and the EUR are the main exceptions with elections in the next 48 hours in both regions. Parliamentary elections will begin in New Zealand on Friday, September 22.

EURUSD drop was only temporary, as we had expected
(FX Street - 23/09/2017)

European Central Bank President Mario Draghi stressed once again that the central bank's goal is to "ensure price stability and price stability is defined as an inflation rate which is close to 2%", adding that "today that means we are not there yet" and

Yuan fundraising surges well above 2016 levels
(Reuters - 23/09/2017)

China-focused venture capital funds are increasing their bets on local technology companies and a further opening of Chinese domestic capital markets, raising money in the yuan at the fastest pace in five years. Fund managers have raised 95.8bn yuan

EURUSD Speculatively and Fundamentally Ripe for Reversal
(DailyFX - 21/09/2017)

While there have been more abrupt and larger percentage change moves to develop through 2017, none really rival EURUSD for its exceptional performance. This benchmark currency pair - arguably the most liquid 'asset' in the world - has charged higher

Dollar Gains In Asia After Fed Details Policy Views
(Investing.com - 21/09/2017)

The dollar gained against the yen on Thursday in Asia after the Fed took a consistent stand on paring back its balance sheet and its outlook for rate hikes. USD/JPY changed hands at 112.30, up 0.06%, while AUD/USD traded at 0.8034, up 0.04%. The U.S.

New A$10 bank notes into Australian economy
(The Peninsula - 21/09/2017)

Australia's Reserve Bank Assistant Governor of Business Services Lindsay Boulton uses an ultraviolet light to display security features of the new A$10 bank note on the first day of its introduction into the Australian economy in Sydney, Australia,

Sterling pressured after Carney’s comments
(CMC Markets - 20/09/2017)

Sterling slipped against the dollar on Tuesday, kept under pressure after a nearly 1 per cent slide on comments from Bank of England governor Mark Carney, who said interest rates rises in coming months would be limited and gradual. The pound rose as much

Oman committed to currency peg
(Saudi Gazette - 18/09/2017)

The new executive president of Oman’s central bank said on Sunday that his country remained committed to the rial’s currency peg against the US dollar. Tahir Salim Al-Amri, a former director-general of treasury and accounts at the Ministry of Finance,

Pound hits one-year high as CPI data boost rate-hike odds
(Gulfnews - 13/09/2017)

The pound rose to a one-year high against the dollar after UK inflation accelerated more than forecast, prompting investors to bring forward expectations for an interest-rate increase by the Bank of England next year. Sterling strengthened against all of

Pound faces tests as vote on Brexit bill, BOE rate review loom
(Gulfnews - 12/09/2017)

Traders who have placed bullish bets on the pound may find their nerves tested this week, with sterling likely to buffeted by everything from Brexit to the Bank of England. Sterling posted its biggest weekly gain versus the dollar since June last week,

Italy’s currency schemes a long road to euro exit
(Oman Daily Observer - 12/09/2017)

Italy’s main opposition parties are replacing their calls to leave the euro with apparently less radical proposals to flank it with a new currency they say can boost growth and jobs. Yet if any of their schemes are adopted with success they may convince

Yuan surge feeds speculation policymakers to loosen control
(Gulfnews - 10/09/2017)

A stunning rally by the yuan is prompting speculation that Chinese policymakers are loosening their iron grip on the currency. After spending much of the year trading in a narrow range, the yuan has surprised market watchers by leaping 5 per cent this

Slumping dollar is turning China’s yuan into surprise haven
(Gulf Times - 07/09/2017)

Two years after Chinese policy makers devalued the yuan, an act that torpedoed global markets, traders are starting to view the currency as a sure bet. The yuan has surged 3.9% to be the best performer in Asia this quarter, while momentum indicators are

Pound’s summer woes set to continue as UK Parliament returns
(Gulfnews - 05/09/2017)

The pound posted its fourth straight monthly decline versus the euro in August and the outlook for September may not be much rosier. Sterling concluded a second weekly advance against the dollar Friday. Still, that wasn’t enough to prevent its steepest

Uzbekistan drops currency limits in forex overhaul
(Saudi Gazette - 04/09/2017)

Uzbekistan said Sunday that it would no longer fix its currency (so’m) to the dollar, letting the market determine its value in an overhaul of foreign exchange polices that could help the country entice more foreign investment. In a decree published on