Recent content by FxNet

Aussie and Kiwi reach 10-month highs against Dollar Greenback remains under pressure The Aussie and Kiwi reached ten-month highs versus the US dollar on Tuesday, while the minutes of the Reserve Bank of Australia’s (RBA) meeting showed that interest rates are remaining steady for a while and...

Aussie Gains on Positive Job Reports Currency commodities remain affected by oil prices The Aussie was stronger versus the dollar on Thursday, following the release of positive Australian employment data as the kiwi fell more than 1% due to sentiment improvement on the greenback. NZD/USD...

Gold Prices Drop on Thursday Chinese data affects markets Gold was weaker in Asian trade this Thursday, as investors remained cautious ahead of the Federal Reserve’s review regarding rates later this month. Gold for June delivery lost 1.07% on the Comex division of the New York Mercantile...

Oil Prices Dip Ahead of API Report Possible production freeze continues to support market Oil prices were lower on Tuesday as markets looked ahead to US stockpile numbers that will be released by the American Petroleum Institute (API). Crude oil for May delivery lost 0.27 percent on the New...

Yen Retreats from Monday’s Rally Aussie and Kiwi higher than greenback After reaching its two year high against the greenback on Monday the Japanese yen lost some momentum on Tuesday following comments from Japan’s policymakers, while the Aussie and Kiwi gained against their US counterpart...

Dollar Stronger versus Yen and Euro Yellen backs Interest Rate Hike The dollar was stronger on Friday following positive job reports and a weaker yen. Europe’s shared currency lost 0.1 percent against the dollar falling to 1.1366 dollars after reaching its highest level since October of...

Aussie Rises vs Dollar, Kiwi Remains Steady Investors focus on Fed minutes The aussie was stronger against the dollar on Wednesday, as the kiwi remained steady while market participants focused on the minutes of the Federal Reserve’s March meeting, for news on the future path of interest...

Aussie Recovers as Trade Balance Widens Dollar holds amidst rate hike speculations The Australian dollar recovered on Tuesday, while the central bank remained steady in expectation for new labor data for a better economy assessment. AUD/USD traded at 0.7614, up 0.11%. The Australian trade...

Gold Prices Hold Above One Month Low Ahead of Yellen's Speech Prices still on an upward trend for the year so far With investors looking ahead to Federal Reserve Chair Janet Yellen’s speech gold prices were seen slightly lower on Tuesday but still holding above one month lows. US gold futures...

Australian Dollar Remains Steady, New Zealand Dollar Stronger Janet Yellen’s speech remains in focus The Aussie remained steady against the dollar this Tuesday, as the kiwi grew stronger while market players processed last session’s US economic reports and focused on Fed’s Chair Janet Yellen’s...

Dollar Rises Against Yen, Fed Comments will be in Focus Investors anticipate releases to predict rate hike possibility The dollar was stronger against the yen this Monday, following its rebound the past week after receiving comments from Fed officials who supported the idea of raising interest...

Aussie and Kiwi Fall to 1-Week Lows Against Greenback NZ trade surplus increases in February The Aussie and kiwi hit their one-week low against the dollar this Thursday, in spite of New Zealand trade figures, while US rate hike expectations for April kept supporting the greenback. In the...

Daily Market News by FxNet OIL PRICES LOWER FOLLOWING HIGHER RIG COUNT Markets anticipating an OPEC meeting On Monday, oil prices prolonged losses from the previous session in European trade, following the first US rig count rise since December, raising concerns about the supply glut. Crude...

Daily Market News by FxNet AUSSIE FALLS LOWER AGAINST US DOLLAR, KIWI REMAINS STEADY The Aussie fell against the US dollar this Wednesday, as the kiwi remained steady while investors looked forward to the Federal Reserve’s policy decision later on Wednesday. AUD/USD fell 0.15% to 0.7447...

Daily Market News by FxNet ECB CUTS INTEREST RATES TO A RECORD LOW Euro dips as markets react to ECB decisions – USD seen higher The greenback gained against the euro as markets reeled in the aftermath of the European Central Bank’s (ECB) decision to cut interest rates, and comments by ECB...