GBP weakens as Brexit advances stall
Lack of news pressures the pound GBP/USD slid to an 11-day low in Asian trading as hopes for absolute…
Pound soars on Brexit progress reports
GBP/USD hits one-week high The pound surged across the board in early Asian trading as the UK Times newspaper…
GBP holds at lower levels post-budget
GBP holds above last week’s lows The pound is marginally in the black versus the US dollar after UK Chancellor…
Aussie gains as unemployment hits 6-1/2 year low
Unemployment lowest since 2012 While the headline number of jobs Australia added in September was a disappointment, it was…
Dollar in holding pattern; Asian equities follow Wall Street
A public holiday in Hong Kong ensured that today’s Asia session was a slow and steady one. Equity markets mostly…
Muted response to PBOC’s liquidity easing move
PBOC slashes reserve ratio requirement for some banks On Sunday the PBOC announced via its website that it was reducing…
Dollar marks time as China data neutral
It was a mixed bag of news on the China data dump in Asia this morning. Both industrial production and…
Dollar steady as China trade data looms
The US dollar had a bit of a rollercoaster ride yesterday as weakness in the Asian session was reversed in…
China’s yuan extends gains after PBOC measures on Friday
Costs to go short yuan increase News late Friday that the PBOC was imposing a reserve requirement of 20% on…
Aussie falters as CPI misses estimate
But inflation climbs into RBA’s target range Despite headline CPI coming in below economists’ forecasts, it crawled into the RBA’s…