EUR/USD offered near 1.1280, EMU CPI eyed

EUR/USD lower, dollar buoyant The buying interest around USD has been gathering traction after recent positive surprises in the US calendar and following hawkish comments by FOMC members (Lockhart and Williams), somewhat putting back into consideration a potential rate...

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Indian rupee depreciates against US dollar - 13 May 2016

The Indian rupee depreciated by 0.03 paise to Rs 66.9000 against the US dollar on Wednesday as a result of increased demand for the greenback from importers in the midst of appreciation in the American currency overseas. Further, a lower opening at the domestic equity...

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Dollars Demise Dismissed For Now - 5 May 2016

Few things the markets are talking about. Trading yesterday was not for the faint of heart. Global markets were shaken by continued weak growth readings in China and Europe coupled with the Reserve Bank of Australia (RBA) surprise decision to lower rates. The various...

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The US just dropped the hammer on currency manipulation - 3 May 2016

The U.S. government is sending a message to countries it believes are manipulating their currencies. A Treasury report targets five countries in particular: China, Japan, Korea, Taiwan and Germany. Each meets at least two of the three criteria that "determine whether...

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