Tuesday, 17 January 2017

Currencies

  • GBPJPY – British Pound Decline To Continue Vs Japanese Yen

    22:59 | 17/1/17
    FXTimes (registration)
    There was a contracting triangle pattern formed on the hourly chart of GBPJPY, which was broken at 137.30 for a downside move. Today in Japan, the Industrial Production figure was released by the Ministry of Economy, Trade and Industry. The result was ... more»
  • Canadian dollar at the mercy of Trump's first 100 days

    22:52 | 17/1/17
    The Globe and Mail
    The Canadian dollar will soon be at the mercy of Donald Trump's first 100 days as U.S. president. No one can predict what will happen with any certainty because of the lack of any certainty surrounding Mr. Trump's fiscal and economic programs. more»
  • The euro cannot survive unless Europe changes

    22:10 | 17/1/17
    CNNMoney
    The euro went through an almost fatal crisis after the global collapse of financial markets in 2008. True, this event triggered a number of badly needed reforms in some member countries. more»
 
 
 
 
Recent News
  • Canadian dollar: where next? BOC looms – two opinions

    22:02 | 17/1/17
    Forex Crunch
    Most of the indicators we track suggest that short CAD was a popular trade in the leveraged community. A pickup in Canada economic data and the recent squeeze in the dollar has helped CAD. The focus this week turns to the BoC meeting on Wednesday. more»
  • Indian Rupee Climbs To 11-day High Against U.S. Dollar

    21:39 | 17/1/17
    RTT News
    The Indian rupee drifted higher against the U.S. dollar in afternoon deals on Tuesday, as the latter declined across the board amid uncertainty ahead of the Donald Trump's inauguration on Friday. more»
  • The British Pound Jumps vs Euro, Dollar Today: PM May's Speech + Potential FX ...

    21:33 | 17/1/17
    Pound Sterling Live
    The Pound is also trading at around 1.1380 against the Euro. There will be heightened focus on political drivers on Tuesday January 17 when the UK Prime Minister May delivers what is billed as the most anticipated speech on Brexit since the UK's ... more»
  • Full moon party over for Thai tourism boom

    20:30 | 17/1/17
    SBS
    Professor Lindsay Turner from Victoria University believes the pricing of the local Thai Baht currency has not factored in the lower Australian dollar. more»
  • China's impact on the Thai economy

    19:49 | 17/1/17
    Bangkok Post
    A durian farmer in Rayong enjoys a better income from selling his fruit to Chinese merchants, who will pay higher prices than locals -- about 90 to 100 baht per kilogram in comparison to the regular Thai price of 70 baht. However, the new hiked-up ... more»
  • Swiss Franc Trading On A Stronger Footing This Morning

    19:43 | 17/1/17
    Investing.com
    In economic news, Switzerland's total sight deposits stood at a level of CHF531.4 billion in the week ended 13 January. In the Asian session, at GMT0400, the pair is trading at 1.0097, with the USD trading 0.1% lower against the CHF from yesterday's close. more»
  • China's yuan firms, academics urge Beijing to loosen grip

    19:03 | 17/1/17
    Reuters
    "The market was quite stable and balanced in the morning," said a Shanghai-based trader at a Chinese bank, noting companies were waiting for better quotes to purchase the greenback. more»
  • Thai floods may cost up to $3.4 bln if they last for 2-3 months - Chamber of ...

    19:03 | 17/1/17
    Reuters
    BANGKOK Jan 17 Widespread flooding in southern Thailand may cost 85-120 billion baht ($2.4-$3.4 billion), or 0.5-0.7 percent of gross domestic product (GDP), if they last for 2-3 months, the Thai Chamber of Commerce said on Tuesday. But if they end in ... more»
  • Canadian Dollar Drops As Oil Prices Slide

    19:02 | 17/1/17
    London South East (registration) (blog)
    CANBERA (Alliance News) - The Canadian dollar weakened against the other major currencies in the Asian session on Tuesday, as oil prices slid amid speculations that the major OPEC members will stick to planned output reduction, and also on expectation ... more»
  • Euro nations 'astonished' that Trump believes NATO is 'obsolete'

    18:40 | 17/1/17
    New York Daily News
    (First row From L) European Union Commissioner Johannes Hahn, German Foreign Minister Frank-Walter Steinmeier, Saudi Arabia's Foreign Minister Adel al-Jubeir, Bahraini Foreign Minister Khalid bin Ahmed al-Khalifa, Turkish Foreign Minister Mevlut ... more»
  • NZ dollar market awaits auction, speech

    18:01 | 17/1/17
    NEWS.com.au
    The Kiwi traded at 95.07 Australian cents from 94.86 cents on Monday. It rose to 4.9104 yuan from 4.8882 yuan and traded at 66.97 euro cents from 66.80 cents. more»
  • Dubai's Home Prices Set for Another Year of Decline, CBRE Says

    17:33 | 17/1/17
    Bloomberg
    ... last year compared with 2015 as the city's traditional investors from the Persian Gulf, Russia and the U.K. were hit by lower oil revenue and by the decline of their local currencies against the U.S. more»