Sep 292014
How Low Can Kiwi Go?
The news took the market by surprise as currency traders assumed that the RBN was only engaged in verbal intervention up to now. The figure was …
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China's Central Bank Allows Direct Trading of Yuan, Euro in Interbank Market
The direct trading, which will start Tuesday, will help to form a direct foreign-exchange rate between the two currencies, reduce currency-conversion …
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FX Update: USD Rally To Pause For Breath?
In particular investments in leveraged products, such as but not limited to foreign exchange, derivates and commodities can be very speculative and …
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EUR Reaches A New 23-Months Low, The USD Roars
The euro commenced this week's trading with a drop to 1.2665, recording a new 23-month low, against the US dollar. The single currency remains …
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