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MORNING BELL: USD, CHF stepping back; AUD gaining
Wednesday, January 28, 2015
The Swiss franc fell on Tuesday below the levels it reached two weeks ago when the country’s central bank removed its cap on CHF, with traders speculating that the bank was intervening to weaken the national currency.
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MORNING BELL: S&P downgrades Russia to junk
Tuesday, January 27, 2015
As investors booked profits on bearish positions, the euro managed to recover a bit after the 11-year lows reached on Sunday as a result of the Greek vote outcome.
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MORNING BELL: Euro at fresh 11-year low
Monday, January 26, 2015
The Greek election ended with a win for Alexis Tsipras, and the leftist Syriza party. The victory raised concerns for further instability in Europe as the party’s aim is to demand a debt write-off for Greece, and plans to increase wages and pensions.
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MORNING BELL: Euro traded 0.48% higher ahead of ECB meeting
Thursday, January 22, 2015
The European Central Bank's Executive Board has proposed a program that would enable the ECB to buy 50 billion euros ($58 billion) in bonds per month starting in March, a euro zone source said on Wednesday.
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MORNING BELL: Crude oil prices fell 2%
Wednesday, January 21, 2015
Equities rose worldwide on Tuesday, with Wall Street reversing early losses and the dollar rising 1% against the Japanese yen, as diminishing global growth prospects bolstered hopes for central bank stimulus.
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MORNING BELL: Gold eased from 4-month highs
Tuesday, January 20, 2015
The euro edged away from an 11-year low on Monday as investors braced for a crucial meeting later in the week which could see the European Central Bank take its boldest steps yet to revive the euro zone's moribund economy.
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MORNING BELL: USD hits multi-year heights against euro
Monday, January 19, 2015
The U.S. dollar and the euro gained a little ground against the Swiss franc on Friday, a day after the Swiss National Bank shocked markets by scrapping a currency cap that limited the franc's value to 1.20 per euro.
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MORNING BELL: Dollar slides on weak U.S. data
Thursday, January 15, 2015
The dollar slid to a four-week low against the yen on Wednesday after the U.S. interest rate outlook was muddied by a surprise drop in December U.S. retail sales data, covering the holiday shopping season.
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MORNING BELL: Euro drops to nine-year low
Wednesday, January 14, 2015
The euro plunged to a nine-year low against the dollar on Tuesday after a senior European Central Bank policymaker urged the ECB to go ahead with its proposed stimulus measures and revitalize a slumping euro zone economy.
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MORNING BELL: OPEC price war intensifies as oil falls below $50
Tuesday, January 13, 2015
Even as Saudi Arabia and its Gulf OPEC allies appear united in their refusal to cut output to boost global oil prices, they are becoming locked in an increasingly fierce battle to secure market share in Asia.
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