Category

Dollar
Euro Slides on Growth Worries The common currency Euro moved lower during London trade on Tuesday after the latest economic report out of Germany underscored investors’ fears of a widening slump within the Eurozone. According to Germany’s Statistics Bureau, industrial production unexpectedly fell to -1.9 in November (month-over-month), well below the anticipated improvement to 0.3%....
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Yen Higher on Risk Aversion Safe haven currencies, predominantly the Japanese Yen, were driven higher during the Asian trading session, largely on an increase in risk aversion after the US Dollar Index fell as well as another major rout on Wall Street. The subdued outlook of the US economy and the interest rate environment is...
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Dollar Higher Despite 2019 Uncertainty During the Friday trading session in Asia, the US Dollar moved higher against major peers as market focus shifts to next week’s expected Fed rate hike. Analysts say that gains are certain to be limited, however, given the uncertainty of the outlook for the US economy and the interest rate...
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