Posts published in April 2015

Euro Continues Depreciation

The euro extended its decline during the Monday’s trading session after Italian industrial production demonstrated mixed performance in February. The euro touched the lowest level since June 2013 against the Japanese…

Read More

Yuan Drops as Trade Surplus Shrinks

The Chinese yuan fell against the US dollar today as the drop of the nation’s trade balance surplus was far bigger than market participants have anticipated, fueling concerns about slowing growth…

Read More

Aussie Pulls Back After Chinese Data

Australian dollar is heading lower today, thanks mainly to disappointing Chinese data. With Chinese data down, and concerns about the Australian economy, there is speculation that the RBA will…

Read More