usd

Stocks. Daily history for Sep Feb 3’2016:

(index / closing price / change items /% change) Nikkei 225 17,191.25 -559.43 -3.15 % Hang Seng 18,991.59 -455.25 -2.34 % Shanghai Composite 2,739.25 -10.32 -0.38 % FTSE 100 5,837.14 -84.87 -1.43 % CAC 40 4,226.96 -57.03 -1.33 % Xet... [...]

Currencies. Daily history for Feb 3’2016:

(pare/closed(GMT +2)/change, %) EUR/USD $1,1103 +1,67% GBP/USD $1,4601 +1,31% USD/CHF Chf1,0037 -1,45% USD/JPY Y117,88 -1,76% EUR/JPY Y130,90 -0,06% GBP/JPY Y172,15 -0,41% AUD/USD $0,7167 +1,83% NZD/USD $0,6664 +2,27% USD/CAD C$1,37... [...]

RBNZ’s McDermott would be happy with lower NZD

Reserve Bank of New Zealand's Assistant Governor and Head of Economics, Dr John McDermott, said he would be happy with a lower NZD exchange rate, adding that NZD needs to be lower than where it is t present. A cheaper Kiwi would help offset dairy price... [...]

Caution: there ARE risks in the Australian economy – ANZ

FXStreet (Guatemala) - Analysts at ANZ explained that yesterday’s building approvals, international trade and services sector data for December 2015 highlighted a few risks to the domestic economy.

Key Quotes:

"The first is a slowing in the labour intensive residential construction industry. Looking through the monthly volatility, building approvals are trending lower and were 8% below their April 2015 peak."

"Moreover, growth in dwelling prices has slowed sharply, removing one tailwind for consumer spending. The strength in property and related activity has been a key support to overall activity and jobs growth. Yesterday’s data also showed that non-residential building approvals continue to track broadly sideways.

Secondly, the services sector appears to have lost some momentum coming into 2016 as indicated by softer readings in recent months for Ai Group’s services sector index (it may be no coincidence that the US non- manufacturing ISM has also slowed in tandem).

Thirdly, the international trade deficit widened sharply in December, due largely to lower bulk commodity prices. On the bright side, net tourism-related exports continue to rise strongly but even here we expect that the impetus to growth from a lower AUD will wane over 2016."

Analysts at ANZ explained that yesterday’s building approvals, international trade and services sector data for December 2015 highlighted a few risks to the domestic economy.

(Market News Provided by FXstreet) [...]

Why was the US dollar sold-off? – Westpac

FXStreet (Guatemala) - Sean Callow, analyst at Westpac explained that markets were very volatile in New York, with equities and oil price swinging from sharp losses to steep gains. Key Quotes:"The US dollar fell heavily as key Fed official Dudley hinte... [...]

Schedule for today, Thursday, Feb 4’2016:

(time / country / index / period / previous value / forecast) 07:15 U.S. FOMC Member Rosengren Speaks 08:00 Eurozone ECB President Mario Draghi Speaks 08:30 United Kingdom Halifax house price index January 1.7% 0.3% 08:30 United Kingdom Halif... [...]

NZD/USD’s 2016’s reversal due a correction?

FXStreet (Guatemala) - NZD/USD reached a high of 0.6674 in a short squeeze as the US dollar collapsed with the dollar index having its second worst week since 2011. There is no full explanation for the sell-off, but a combination of triggers including ... [...]