Monthly archive January, 2019

Dollar Slips After Fed Policy Announcement

The U.S. dollar has softened against most major currencies Wednesday afternoon after the Federal Reserve left interest rates unchanged as widely expected, and said it would be 'patient' with regard to future rate increases.Original Article Read More →

Fed Leaves Rates Unchanged, Drops Reference To Gradual Rate Hikes

After raising interest rates by a quarter point last month, the Federal Reserve announced its widely expected decision to leave interest rates unchanged on Wednesday.Original Article Read More →

U.S. Consumer Confidence Drops Amid Market Volatility, Government Shutdown

Reflecting a sharp decline in expectations, the Conference Board released a report on Tuesday showing a much bigger than expected drop in U.S. consumer confidence in the month of January.Original Article Read More →

New Zealand December Trade Surplus NZ$264 Million

New Zealand posted a merchandise trade surplus of NZ$264 million in December, Statistics New Zealand said on Tuesday - representing 4.8 percent of exports.Original Article Read More →

Market uncertainty favors yen trade

The yen climbed against its rivals on Tuesday, as forex investors took refuge in safe-haven assets after the U.S. Justice Department charged China's Huawei Technologies Co Ltd with fraud, ratcheting up U.S.-Sino trade tensions.

The United States on Monday Read More →

Dollar Gains Against Major Currencies

The U.S. dollar is trading higher against major currencies on Thursday, amid rising worries about global economic growth, volatile financial markets, political uncertainty in the U.S. due to the ongoing partial government shutdown and doubts about China and the U.S. Read More →