By FXStreet The Aussie battering extends into China, with the OZ currency under heavy selling pressure after the Chinese manufacturing sector activity continues to deteriorate, as reflected by
By FXStreet China Caixin Manufacturing PMI for February came in at 48.00 vs 48.4 expected and 48.4 last. Summary – official release Caixin Operating conditions faced by Chinese
By FXStreet As reported by China Central Television reported on Monday, China’s Premier Li Keqiang told US Treasury Secretary Jack Lew that China will keep the Yuan at
By FXStreet EUR/JPY has managed to break into fresh bear trend lows, pausing just ahead of 122.00 round number, amid worsening risk sentiment, which has resulted in the
By FXStreet According to the ANZ China’s Research Team, the PBoC may need to further lower the RRR in 2016, with yesterday’s decision to cut the RRR by
By FXStreet Sean Callow, FX Strategist at Westpac, expects the RBA to remain in “watch and wait” mode, adding that AUD might press a little higher on the
By FXStreet David Wagner, Global FX Strategist at Nomura, expects today’s RBA statement to read more dovish on balance, anticipating a 25bp raate cut in May, which should
By FXStreet USD/JPY has fallen heavily in thin market conditions, taking the exchange rate all the way to 112.20 from a NY close of 112.70, in what appears
By FXStreet Stocks in Europe ended the day generally higher, supported by a recovery in oil prices, which lead energy-related shares higher. Nevertheless, the German DAX closed 17