Australia Westpac Leading Index (MoM): 0.3% (February) vs -0.2%

AUD/USD looking for a foothold after losing 0.77

The AUD crumbled in Tuesday's trading as Dollar bids up ahead of FOMC. Middling economic data, widening interest rate differential are punishing the Aussie. The AUD/USD is drifting upwards in a quiet Asia session, testing near 0.7690, after dropping lower in rough action on Tuesday. Th ...

US dollar rises, supported by yields in anticipation of Fed – Westpac

Analysts at Westpac noted that the US dollar rose against major currencies, supported by higher yields as investors appeared to position for the Fed policy decision to tilt to the hawkish side.  Key Quotes: "The euro fell steadily from 1.2340 in the London morning to 1.2250 late NY. Dat ...

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.84%

Investing.com – Mexico stocks were lower after the close on Tuesday, as losses in the Telecoms Services, Industrials and Consumer Goods&Services sectors led shares lower. At the close in Mexico, the S&P/BMV IPC declined 0.84% to hit a new 3-months low. The best performers of the session on ...

CAD/CHF gains traction as crude oil soars

Crude oil jumps more than 2% on Tuesday as Middle-East tensions intensify.  CAD/CHF is finding support at the 0.7250 level.  The CAD/CHF is currently trading at around 0.73169 up 0.63% on Tuesday as the CAD is gaining some strength with crude oil prices soaring more than 2% on Tuesda ...

G20 agrees to ‘monitor’ cryptocurrencies – Reuters

Reuters is reporting on the G20 finance ministers' meeting underway in Beunos Aires this week, where the hot topic of the day, when not discussing protectionism and potential trade wars, is cryptocurrencies. Key highlights Policymakers from the world's twenty largest economies all agree ...

AUD/CAD to decline in 2018 – Westpac

Westpac analysts are out with a note explaining their outlook for the Aussie against the Canadian Loonie over the rest of 2018. Battle of the commodity currencies The metal-heavy Aussie is expected to lose ground against the oil-based CAD heading through the rest of the year as explained b ...

NZD/USD making fresh lows, 0.7150 on the cards

The Kiwi continues to suffer a lack of confidence, drifting into new lows ahead of Fed rate hike. Market sentiment is coiling, and a lack of movement from the RBNZ is widening the policy divergence gap. The Kiwi slid lower in Tuesday's trading and is still pushing lower, currently pressin ...

New Zealand Visitor Arrivals (YoY) rose from previous -0.5% to 11.4% in February

EUR/USD: 1.22 before Fed’s US interest rate hike?

The Euro tanked on a big miss for ZEW confidence surveys. The USD is lifting and risk is coiling ahead of FOMC Wednesday. The EUR/USD is pushing lower heading into the overnight session, testing into 1.2240. It's all about the Fed for Wednesday The Euro took a hammering in Tuesday' ...

Peru stocks higher at close of trade; S&P Lima General up 0.60%

Investing.com – Peru stocks were higher after the close on Tuesday, as gains in the Banking&Financials, Mining and Electricity sectors led shares higher. At the close in Lima, the S&P Lima General rose 0.60%. The best performers of the session on the S&P Lima General were Andino ...

Chile BCCH Interest Rate in line with forecasts (2.5%) in March

Bitcoin Up Sharply as Fears of Coordinated G20 Regulatory Crackdown Fade

Investing.com – Bitcoin continued to rebound Tuesday amid broad buying across the crypo-industry as fears the G20 meeting would be used to broach the idea of a coordinated regulatory crackdown on cryptocurrencies faded. Finance ministers and central bankers from the world’s 20 largest ...

United States API Weekly Crude Oil Stock fell from previous 1.156M to -2.739M