By FXStreet Wall Street managed to close marginally higher, underpinned by the rally seen in oil, but with gains being quite limited amid ongoing uncertainty over the upcoming
By FXStreet Asian shares edged lower, tracking the previous decline in Wall Street, with the Nikkei 225 shedding 139 points or 0.84%, to end at 16,642.20. The Japanese
By FXStreet The Reserve Bank of New Zealand cut the official cash rate (OCR) by 25 points to 2.25% in an unexpected move. Headline inflation is expected to
By FXStreet Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25 percent. The outlook
By FXStreet GBP/USD is currently trading at 1.4217 with a high of 1.4242 and a low of 1.4176. GBP/USD upside was limited overnight and through the US session
By FXStreet Analysts at Brown Brothers Harriman explained that German Chancellor Merkel was right. “As the Greek crisis was winding down last summer, she noted that the refugee
By FXStreet Analysts at UOB Group reminds us that China reported its largest monthly drop in exports since 2009 in February. Key Quotes: “In USD terms, exports slumped
By FXStreet USD/JPY stretched higher and made fresh daily highs above 113.00, being the yen the only major that losing ground against a broadly weaker greenback. USD/JPY gained
By FXStreet James Smith, Economist at ING, considers that despite today’s statement, the Bank of Canada may ultimately adopt a more dovish bias. According to them the risk
