March 10th, 2010
During Asian deals on Wednesday, the Chinese yuan eased from a 2-day high against the US dollar after a report showed that China’s trade surplus halved in February.
China logged a trade surplus of $7.6 billion in February, compared with the $14.2…
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March 10th, 2010
Wednesday in Asia, the New Zealand dollar extended its uptrend against other major currencies on the back of a rise in regional stocks.
The kiwi surged up to near a 2-year high against the euro, 3-week high against the greenback, 15-day high…
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March 10th, 2010
UK’s sterling showed weakness against its major counterparts in early Asian trading on Wednesday.
The Office for National Statistics will release UK’s industrial and manufacturing production data for January at 4:30 am ET.
The pound that drifted higher to 135.25 against the Japanese yen around…
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March 9th, 2010
Tuesday morning in Asia, the New Zealand dollar declined against its major counterparts as a fall in most Asian stocks reduced demand for higher-yielding currencies. The kiwi dropped to a 4-day low against the greenback and the yen, while it eased…
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March 5th, 2010
During early European deals on Friday, the Canadian dollar showed mixed trading against its major counterparts. While the loonie declined against the Australian dollar and the yen, it pared gains against the U.S. dollar. On the other hand, the loonie recovered against the…
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March 5th, 2010
In early European deals on Friday, the euro showed mixed trading against its major counterparts ahead of the German factory orders report for January, which is due at 6:00 am ET. While the euro gained against the dollar, it pared some recent gains…
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